WAM Dubai, Sep. 7, 2009 (WAM) -- The ownership of Al-Bayan Press, Publishing and Printing Establishment is to shift to Dubai Media Incorporated (DMI). H.H. Sheikh Mohammed bin Rashid Al-Maktoum, Vice President and Prime Minister of UAE and Ruler of Dubai, has issued a decree ordering the transfer of the ownership of the Dubai-based establishment with effect from the date of issuance of the decree.
The decree calls for the transfer of all assets, properties, commitments and rights of Al-Bayan to the DMI and so shall Al-Bayan's staff and workers to boost media work and unify the efforts of media practice for better services to the general public. The decree which takes effect from the date of its issuance is to be published in the official gazette.
With the transfer of Al-Bayan ownership, the DMI, which already has under its umbrella five TV channels, has further expanded to include Al-Bayan, which has become by virtue of the new decree an integral part of the DMI family, which includes Dubai TV, Sama Dubai, Dubai One, Dubai Sports Channel and Dubai Racing.
Wednesday, 9 September 2009
Via a reader, does anyone have any more info on this: