“Bahrain has become home to Al-Arab News Channel and its studios. Rotana Group has also decided to relocate its top executive management from Riyadh to Bahrain as per December 12, 2012, while maintaining its studios in Cairo and Beirut. Two agreements have today been signed at The Sofitel Bahrain Zallaq Thalassa Sea & Spa, in the presence of His Royal Highness Prince Al-Waleed bin Talal bin Abdulaziz Al-Saud. Information Affairs Authority President Shaikh Fawaz bin Mohammed Al-Khalifa sealed the deals respectively with Al-Arab News Channel director-general and editor-in-chief Jamal Khashoggi and Rotana Media Group Chief Executive Officer Fahd Al-Sukat. Addressing the ceremony, Shaikh Fawaz thanked His Royal Highness Prince Al-Waleed bin Talal bin Abdulaziz Al-Saud for trusting in Bahrain’s media openness, deregulated economy and technical and human competences. He wished pioneering Rotana Group and Al-Arab News Channel, along with their media and administrative staff……………”
Also sprach Bahrain News Agency, the least credible news agency in the Persian Gulf region. Which makes it the least credible in the Arab and Muslim worlds which makes it the least credible in the whole wide world. But it is telling the truth, sort of, here.
Read carefully and you see that this agreement is a meaningless political gesture to the ruling clan of Bahrain. The studios of the two networks will remain safely in Cairo and Beirut. Some executive offices will be in Manama (wtf that may mean). The princely partner of Rupert Murdoch, who has mouthed some nonsense about a “minority” in Bahrain who are against the regime, is helping out his family’s new acquisition, the islands of Bahrain. But how long will they keep it against the wishes of a majority of the people? The al-Saud princes will find out that in Bahrain they have bitten more than they can chew (a cliche but useful here).
The prince’s fortune is estimated by Forbes Magazine at about $18 billion. Forbes also claims that, like Steve Forbes, the prince’s wealth is self-made: he was a Saudi Horatio Alger (CanYouFuckingBelieveThat?). Apparently he was flipping burgers in Riyadh at the same time that Steve was flipping burgers in Manhattan. The prince has been showing some interest in Bahrain ever since his family invaded it last year.