19 August 2009
Arab Media Group, the largest media group in the UAE, announced it has signed a strategic agreement with Al Nabooda Group for exchange of services valued at more than Dh8 million.
The agreement was signed by Abdullatif Al Sayegh, CEO, Arab Media Group, and Saif Ali Nabooda, General Manager, Al Nabooda Automobiles (Audi Middle East), in Dubai.
Al Sayegh said: "The deal highlights the role of media and its partnership with the private sector to offer niche services to specific market segments. We look forward to cementing further strategic agreements with the Al Nabooda Group, one of the strongest business houses in the region."
Nabooda said: "We are very proud of our partnership with the Arab Media Group, one of the pioneering media organisations in the region. This partnership comes in line with our strategy to maintain the company's leadership position and maximise growth levels in the coming years."
BizXchange led and facilitated the agreement between Arab Media Group and Al Nabooda Group.
Arab Media Group, the largest media group in the UAE, announced it has signed a strategic agreement with Al Nabooda Group for exchange of services valued at more than Dh8 million.
The agreement was signed by Abdullatif Al Sayegh, CEO, Arab Media Group, and Saif Ali Nabooda, General Manager, Al Nabooda Automobiles (Audi Middle East), in Dubai.
Al Sayegh said: "The deal highlights the role of media and its partnership with the private sector to offer niche services to specific market segments. We look forward to cementing further strategic agreements with the Al Nabooda Group, one of the strongest business houses in the region."
Nabooda said: "We are very proud of our partnership with the Arab Media Group, one of the pioneering media organisations in the region. This partnership comes in line with our strategy to maintain the company's leadership position and maximise growth levels in the coming years."
BizXchange led and facilitated the agreement between Arab Media Group and Al Nabooda Group.
By Staff Writer
© Emirates Business 24/7 2009
