Posted by Bob Brunskill
Forbes Middle East, the Arabic version of the prestigious US-based business magazine, launched its first issue in Dubai yesterday (October 27th).
The magazine, which is licensed by Forbes US and published by Arab Publisher House (APH), will focus on business topics related to the Middle East and North Africa, Gulf News reported.
In August this year, APH set up its headquarters in Dubai Media City as a newly formed joint venture of Arab investors. Its stated aim is to bring a number of key publications to the region.
The launch of Forbes Middle East comes after Forbes Arabia closed in 2009.
Speaking to Gulf News, Khuloud Al Omian, editor-in-chief of Forbes Middle East, said: "I got a lot of calls from investors and businessmen to bring Forbes here again.
"It took a whole year and there were 20 other publishers who wanted to get the rights. But after a year of negotiations, we got the rights to print and publish the magazine both in English and Arabic."
Meanwhile, Robert Forbes, vice-president of Forbes, said that the Middle East is considered "a critical source" of international trade and capital for financing businesses across all sectors, as well as "an inspiration and model for the rest of the world".