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Bahrain to host Saudi prince's Rotana news channel The move reflects Saudi efforts to back the Bahraini regime after its economy was hit by protests earlier this year
Saudi billionaire princeAlwaleed bin Talal will move his Rotana entertainment companyand a new Arabic television channel to Bahrain, a move thatreflects Saudi efforts to back Bahrain's government after itseconomy was hit by protests. "They are expected to serve as an anchor in the newManama-based Media City and should be instrumental in attractingother reputable media organisations to Bahrain," a statementfrom Bahrain's Information Affairs Authority said on Wednesday. It said Alarab TV, a new project between Alwaleed's KingdomHolding and Bloomberg news agency, would launch in December2012. Rotana, based so far in Saudi Arabia, involves a series ofchannels covering music, cinema, religion, news and drama. Saudi Arabia sent troops to Bahrain, which hosts the U.S.Fifth Fleet, in March to help the Sunni Muslim monarchy quash ademocracy uprising dominated by the island's majority Shi'ites. Bahrain's rulers and their Gulf Arab allies accused Iran offomenting unrest. Continuing street protests suppressed bysecurity forces have overshadowed the bank and tourism sectors