DUBAI, United Arab Emirates--(BUSINESS WIRE)--United Media Services International FZ LLC (UMS) and Bloomberg Businessweek today announced their agreement to publish English-language and Arabic editions of Bloomberg Businessweek Middle East.
This partnership will allow Bloomberg Businessweek to continue to expand its reach among globally-minded business leaders in one of the most important and emergent economies in the world. The agreement also reinforces UMS’s leadership position as one of the region’s most dominant publishing, advertising, public relations and media distribution companies.
Launch preparations are currently underway for the English-language edition of Bloomberg Businessweek Middle East which will publish twice per month, and a first issue date will be announced soon. The targeted circulation of the magazine is 24,000, focused on an audience of business leaders in Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. The Arabic-language edition of Bloomberg Businessweek will also publish twice per month and is scheduled to launch in May 2014.
Bloomberg Businessweek Middle East will provide readers with incisive analysis and unparalleled access to the CEOs, dealmakers, and industrial decision makers around the world who are changing the face of business and finance. Both editions will feature the best global content from Bloomberg Businessweek, which draws on Bloomberg's 2,400 journalists worldwide, and locally focused business and financial content produced by UMS’s vast regional network of bureaus and editors.
The reinvention of Businessweek under Bloomberg has been celebrated by readers, advertisers, and the media industry at-large for its distinct personality, dedication to innovative editorial and design, and engaging, graphic stories about current and future business leaders. In 2012, Bloomberg Businessweek won the highly coveted National Magazine Award for General Excellence and received the Magazine of the Year Award from the Society of Professional Designers, while the Bloomberg Businessweek+ app won a Webby Award for best news app. Bloomberg Businessweek’s editor, Josh Tyrangiel, was named Advertising Age's 2012 Editor of the Year. Bloomberg Businessweek is available in over 150 countries and has a global rate base of 980,000, including dedicated regional editions in Asia and Europe.
UMS has publishing centers in the United Arab Emirates, Qatar, Oman and Bahrain, and a portfolio of seventeen print titles including such leading magazines as Oman Economic Review, Qatar Today, GLAM, Signature and the UAE and Qatar editions of T: The New York Times Style Magazine.
“We are excited and proud to be publishing the Middle East edition of Bloomberg Businessweek,” said Sandeep Sehgal, Chief Executive of UMS. “Our research clearly indicates that there is space for a high quality business title which covers the region completely and equitably, and we are confident that Bloomberg Businessweek Middle East will grab the attention of eager executives.”
"We are very pleased to be working with UMS, and look forward to producing Middle East editions that offer dynamic, timely business content about the local and international marketplace,” said Bloomberg Businessweek President Paul Bascobert. “We know Bloomberg Businessweek Middle East will uphold the high standards of the Bloomberg Businessweek global brand, and that advertisers will consider the magazine an important channel to the influential audience of business and financial professionals in this region."
About Bloomberg Businessweek:
Recipient of the 2012 National Magazine Award for General Excellence, Bloomberg Businessweek offers a global perspective, timely insights, and unique stories to a new breed of business leader who has an original vision for the future and a willingness to think differently. Founded in 1929, the magazine is a trusted market leader with a global circulation of over 980,000 each week and is available in more than 150 countries. Bloomberg Businessweek covers the business world like no one else can by drawing on more than 2,400 journalists in 146 bureaus across 72 countries. The award-winning Bloomberg Businessweek+ app is available on the iPad, iPhone, and iPod touch.
About United Media Services FZ LLC (UMS):
Established in 1989, United Media Services LLC (UMS) is part of Renaissance Services SAOG (Renaissance) an Omani multinational with 2012 Revenues of over US $0.67 Billion. UMS is one of the region’s largest media house with leadership position in Publishing, Advertising, Interactive Solutions, Public Relations, Events, Media Representation, Media Distribution and Communication Logistics services. Its publishing division produces several market leading titles across varied segments. It has an active CSR program with the launch of the region’s first green awards.
