Wednesday 24 October 2018

KHASSHORGI'S BUSINESS OUTFIT UNVEILED-


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From Wikipedia, the free encyclopedia
Not to be confused with al-Arab or al Arab.
al-Arab News Channel
Launched
1 February 2015
Closed
1 February 2015
Owned by
Country
Saudi Arabia
Language
Broadcast area
Arab World
Worldwide
Headquarters
Sister channel(s)
Arab Today TV
Bahrain News Channel
Qatar News Television
al-Arab (Arabic: العرب‎)[1] was an Arabic-language news channel which vowed to practice objective journalism.[2][3] It was launched on 1 February 2015[1] and almost immediately shut down.[2][3][4] The channel was owned by Saudi prince and entrepreneur al-Waleed bin Talal, and was based in Manama, Bahrain.
Contents
Creation
In July 2010, Prince Al-Waleed, owner of a stake in News Corporation, planned to collaborate with News Corp to launch a 24-hour Arabic-language news channel.[5] After a year of deliberation, Al-Waleed announced on 13 September 2011 the launch of Alarab as a personal private venture.[6] He said the channel's editorial stance would be "inspired by the recent political events that have transformed the region, with particular attention to be paid to freedom of speech."[7] The channel was supposedly entirely privately funded, with Al-Waleed insisting that it would not receive instructions from the Saudi government.[7] At the time of the launch, no mention was made of News Corp's involvement.[8]
In December 2011, Manama, Bahrain, was chosen as the network's headquarters.[9] Doha, Dubai, Abu Dhabi and Beirut were also among the cities considered to host the network.[10] Prince Al-Waleed retained close ties with the Bahraini royal family while his Kingdom Holding Company maintains a presence in the country through indirect investments in the banking sector.[11]
Al-Arab was launched on 1 February 2015.[1]
Al-Arab's regional competitors were Qatari-owned Al Jazeera and Saudi-government-owned Al Arabiya, along with BSkyB's Sky News Arabia.[7] In a January 2012 interview, Al-Waleed described Al Jazeera as the "masses channel" while implying that Al Arabiya is the "government channel" among the two main news channels in the Middle East. He stated his goal for Al-Arab to "takes the centre’s point of view" between the two networks.[12]
Ownership and management
Al-Arab was privately owned by Prince Al-Waleed bin Talal, independent from Kingdom Holding Company and Rotana Group, two corporations controlled by the prince.[13] It was headquartered in Manama's Media City complex.[9] The channel was based outside Saudi Arabia as the country does not allow independent news channels to operate within its borders.[7]
The channel's director was Jamal Khashoggi, former editor of Al Watan, a newspaper in Saudi Arabia.[7] Khashoggi was removed as editor in 2010 after Al Watan published an article criticizing Salafism, the fundamentalist Islamic movement that is Saudi Arabia's official state religion.[14]
The channel partners with US financial news channel Bloomberg Television, which would have provided five hours of daily programming, including financial bulletins, analysis, reports on regional business leaders, and global financial news.[7] The partnership would have brought al-Arab into direct competition with Arabic-language financial news channel CNBC Arabiya.[15]
Bad management and shutdown
On 1 February 2015, al-Arab's first day of programming included an interview with Bahraini Shi'a politician and former member of the Council of Representatives, Khalil al-Marzooq, who discussed the cancelling of 72 Bahrainis' citizenship. Broadcasting was suspended after the interview.[16][17] Al-Arab stated that the suspension was for "technical and administrative reasons", while the newspaper Akhbar al-Khaleej attributed the suspension to al-Arab "not adhering to the norms prevalent in Gulf countries".[1]
The shutdown of Al Arab TV was a result of the poor understanding of the market environment on behalf of the station's management. According to several marketing analysts, the senior managers of the station did not properly evaluate the political environment of Bahrain and the limitations that it has, hence their decision to interview a prime Bahraini opposition personality - something which the Bahraini government would not accept.[citation needed]

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