Government of Dubai Media Office : In the presence of Chairman of Dubai Media Council HH Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, the Middle East Broadcasting Centre (MBC) launched the new version of its streaming platform Shahid.

Sheikh Ahmed congratulated MBC on the launch and expressed his appreciation for its efforts to raise the quality of Arabic content and keep pace with the rapid changes taking place in the media industry.

Sheikh Ahmed also said that Dubai’s efforts in the media sector and its ability to adapt to changes have made the city a regional hub for the industry and a magnet for leading media companies. His Highness further said Dubai will continue to offer state-of-the-art infrastructure and a supportive environment to help regional and international media to thrive.

The event was attended by His Excellency Turki Abdullah Al Shabanah, Minister of Media, Kingdom of Saudi Arabia; Her Excellency Mona Al Marri, Vice Chairman and Managing Director of the Dubai Media Council; and Malek Al Malek, the Director General of the Dubai Development Authority.

In his speech, MBC Chairman Sheikh Waleed Al Ibrahim congratulated Dubai for being named the Capital of Arab Media for 2020. He said the recognition is the result of comprehensive efforts to develop the industry undertaken by Dubai over the past few years under the leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Waleed Al Ibrahim said: “The economic, social and cultural revolution in Saudi Arabia was always part of MBC’s dream since its establishment. And today we are witnessing our rebirth but with new objectives and bigger competition”.

He said the group aims to provide an advanced digital platform that is on par with the best in the world. “We want to take control of our narratives, showcasing our stories to the rest of the world through the very best in original films, series and media content. We are going to continue to provide the best media experience in the entire region; engineering ideas and uniting the very best in creative talent. It’s our time,” he said.

MBC Group’s Chief Executive Marc Antoine d’Halluin said: ““During the past ten years, MBC has acquired and produced approximately 46,000 hours of Arabic-language entertainment content, valued at an estimated $1.3 billion. This is broken down into 26,000 hours of media, entertainment and other content, plus 20,000 hours of television series, which includes about 600 dramas.”

He added: "Over the next two years, we aim to substantially increase the size of our investment into drama productions, thus increasing them fourfold, of which the majority will be original and exclusive content."

D'Halluin further said: "Shahid will certainly benefit from MBC's proven experience in investment and growth to provide the best and most diverse international digital media experience in the region.”

-Ends-

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.