Fortune Arabia launched in UAE and Kuwait
Business magazine Fortune launched an Arabian edition in the United Arab Emirates and Kuwait, Jim Jacovides of Time and Bashar Kiwan of AWI Company announced Tuesday.
Fortune Arabia will add five more local issues by 2012, seeing the leading magazine publish 13 foreign-language editions, including Fortune Korea.
The Middle East editions of Fortune will be published monthly, in Arabic, through a license agreement between Time and AWI Company. They expect to raise the standard of in-depth-business journalism and become a leading title in the Arab business magazine market.
“With the economic shift taking place in the Arab world and the rise of corporate Arabia, the market requires a serious, high standard business title to provide the right analysis and information,” Kiwan said in a press release.
“The Middle East is an increasingly important player in global business. With AWI, we are confident that the Fortune Middle East editions will provide in-depth analysis of business news globally, regionally and by country,” Time’s international licensing and development vice presid
Jun 22, 2011By Kwon Mee-yoo