Weekly Headlines from mediaME (3 to 10 July 2008)
Prince Al Waleed Bin Talal acquires 85% of LBC
Saudi billionaire Prince Al Waleed bin Talal has increased his ownership stake in pan-Arab satellite channel LBC. Local reports say Prince Al Waleed now controls 85% of the operation and its partner PAC. more >
FP7 celebrates making history at Cannes
Akram Miknas, Chairman, Promoseven Holdings said “No one understands the Middle East like we do, we’ve been around for 40 years and during this time our business has expanded across the region. Today our size, reach and staff strength has become our competitive advantage.” more >
Gulf Air sponsors English football club Queens Park Rangers (QPR)
Bahrain-based Gulf Air announced it has signed a three year, $14 million deal to sponsor of Queens Park Rangers (QPR), a club currently in the Coca-Cola Championship, the second tier of the English league system. more >
Paragon adds 4 KAAA awards, becomes Kuwait’s most awarded agency
Paragon Marketing Communications, won 4 additional trophies this year; one gold, two silvers and one bronze at the 2007 Kuwait Arab Advertising Awards honoring creativity in the Arab world. more >
2 comments July 12th, 2008
