Simon Robson, (left), WMG’s President, International, Recorded Music, and Salem Al Hendi, CEO, Rotana Music Holding. Courtesy Rotana Music Holding
Simon Robson, (left), WMG’s President, International, Recorded Music, and Salem Al Hendi, CEO, Rotana Music Holding. Courtesy Rotana Music Holding
Simon Robson, (left), WMG’s President, International, Recorded Music, and Salem Al Hendi, CEO, Rotana Music Holding. Courtesy Rotana Music Holding
Simon Robson, (left), WMG’s President, International, Recorded Music, and Salem Al Hendi, CEO, Rotana Music Holding. Courtesy Rotana Music Holding

Warner Music Group invests in Prince Alwaleed’s Rotana Music


Deena Kamel
  • English
  • Arabic

Warner Music Group (WMG) has invested in the Middle East's largest record label Rotana Music, which is owned by Saudi Arabia's billionaire businessman Prince Al Waleed Bin Talal, Warner said.

The transaction will see ADA Worldwide, WMG's label services division, distribute Rotana releases globally outside of the Middle East and North Africa and through YouTube for the entire world, Warner said in a statement on Wednesday.

The companies did not disclose the size of the deal.

Salem Al Hendi, chief executive of Rotana Music Holding, said the deal will “facilitate Warner Music’s reach into the Mena music industry and fan communities, just as it will benefit Rotana in our global expansion objective”. It will also help support and promote local artists on the global stage, he added.

Rotana has signed on some of the Arab world's biggest music artists including Egyptian mega-star Amr Diab, Saudi Arabia's Mohamad Abdo and Lebanon's Elissa.

In 2018, Prince Alwaleed's Kingdom Holding Company and Rotana Group invested $266.7 million in music streaming service Deezer in a private placement that valued the company at around $1.10 billion, analysts said at the time. Alongside the deal, Rotana and Deezer also signed an exclusive long-term agreement to distribute the music company's Arabic digital audio and video content across the region.

"The Middle East and North Africa region is among the most culturally dynamic places in the world today, with burgeoning musical scenes and dramatic consumption growth," Simon Robson, WMG’s president of international and recorded music, said. "We’re especially excited about the opportunity to both expand our profile in the region and to bring these amazing artists to audiences across the globe.”

Kacy Grine & Co advised Rotana Music in the transaction with Warner.

WMG launched Warner Music Middle East in 2018, covering 17 markets across Mena.

With a population nearing half a billion people, the Mena music market is anticipated to "grow exponentially" as the region continues to improve internet speeds and smartphone penetration, which has doubled in the last five years alone, according to the statement.

Scorebox

Dubai Hurricanes 31 Dubai Sports City Eagles 22

Hurricanes

Tries: Finck, Powell, Jordan, Roderick, Heathcote

Cons: Tredray 2, Powell

Eagles

Tries: O’Driscoll 2, Ives

Cons: Carey 2

Pens: Carey

Oppenheimer
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The National Archives, Abu Dhabi

Founded over 50 years ago, the National Archives collects valuable historical material relating to the UAE, and is the oldest and richest archive relating to the Arabian Gulf.

Much of the material can be viewed on line at the Arabian Gulf Digital Archive - https://www.agda.ae/en

Timeline

2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

SOUTH%20KOREA%20SQUAD
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Company profile

Date started: 2015

Founder: John Tsioris and Ioanna Angelidaki

Based: Dubai

Sector: Online grocery delivery

Staff: 200

Funding: Undisclosed, but investors include the Jabbar Internet Group and Venture Friends

Ruwais timeline

1971 Abu Dhabi National Oil Company established

1980 Ruwais Housing Complex built, located 10 kilometres away from industrial plants

1982 120,000 bpd capacity Ruwais refinery complex officially inaugurated by the founder of the UAE Sheikh Zayed

1984 Second phase of Ruwais Housing Complex built. Today the 7,000-unit complex houses some 24,000 people.  

1985 The refinery is expanded with the commissioning of a 27,000 b/d hydro cracker complex

2009 Plans announced to build $1.2 billion fertilizer plant in Ruwais, producing urea

2010 Adnoc awards $10bn contracts for expansion of Ruwais refinery, to double capacity from 415,000 bpd

2014 Ruwais 261-outlet shopping mall opens

2014 Production starts at newly expanded Ruwais refinery, providing jet fuel and diesel and allowing the UAE to be self-sufficient for petrol supplies

2014 Etihad Rail begins transportation of sulphur from Shah and Habshan to Ruwais for export

2017 Aldar Academies to operate Adnoc’s schools including in Ruwais from September. Eight schools operate in total within the housing complex.

2018 Adnoc announces plans to invest $3.1 billion on upgrading its Ruwais refinery 

2018 NMC Healthcare selected to manage operations of Ruwais Hospital

2018 Adnoc announces new downstream strategy at event in Abu Dhabi on May 13

Source: The National

The specs
Engine: Long-range single or dual motor with 200kW or 400kW battery
Power: 268bhp / 536bhp
Torque: 343Nm / 686Nm
Transmission: Single-speed automatic
Max touring range: 620km / 590km
Price: From Dh250,000 (estimated)
On sale: Later this year
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Infobox

Western Region Asia Cup Qualifier, Al Amerat, Oman

The two finalists advance to the next stage of qualifying, in Malaysia in August

Results

UAE beat Iran by 10 wickets

Kuwait beat Saudi Arabia by eight wickets

Oman beat Bahrain by nine wickets

Qatar beat Maldives by 106 runs

Monday fixtures

UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain