OSN and WWE announce new weekly Arabic show ‘Wal3ooha’

The weekly show sees presenters Moein Al-Bastaki and Nathalie Mamo delivering highlights from the week’s key matches to WWE fans in the region.
Updated 04 May 2017

OSN and WWE announce new weekly Arabic show ‘Wal3ooha’

OSN is bringing an all-new localized Arabic show to OSN Sports featuring the best action and family-friendly entertainment from WWE. Whetting the appetite of millions of WWE fans in the Middle East, WWE Wal3ooha will premiere Thursday, at 8 p.m. on OSN Sports Action 1 HD, with repeats across the weekend.
Titled WWE Wal3ooha, meaning “light it up,” the weekly show sees presenters Moein Al-Bastaki and Nathalie Mamo delivering exclusive interviews, the biggest stories and highlights from the week’s key matches to WWE fans in the region.
The partnership between OSN and WWE provides unprecedented and exclusive access to WWE superstars, whilst featuring all the big stories from Raw, SmackDown and pay-per-view events including WrestleMania and SummerSlam. The programs have been specifically curated with localized Arabic WWE content, created for the region, from the region.
Martin Stewart, CEO of OSN said: “Reaffirming our position as the region’s premier entertainment network, OSN is proud to be part of creating and delivering another unique and exclusive show for the region. Providing even more value to our viewers and catering to WWE’s loyal fan-base here in the Middle East, the show is about sharing the passion of WWE. WWE Wal3ooha will relive the best action from the week gone by, in another one-of-a-kind program for fans only on OSN.”
“We are excited to partner with OSN to bring our passionate fans original and localized content featuring their favorite WWE superstars,” said Stephanie McMahon, WWE chief brand officer. “WWE Wal3ooha provides a new destination for our fans in the Middle East to enjoy WWE’s unique blend of action-packed, family-fun entertainment.”
During the show and all week long, fans can join the conversation via @WWEwal3ooha on Facebook, Facebook Live, Twitter, Instagram, Snapchat and YouTube.
Professional magician Al-Bastaki and basketball star Mamo will answer fan questions, sharing exclusive videos, and keeping the region up-to-date with all the highlights from WWE.
The presenters bring together more than 15 years of television experience to WWE Wal3ooha. The show is produced from the OSN Studios in Dubai.
OSN and WWE have been broadcast partners since 2000, and in March 2015, announced a five-year partnership to distribute WWE Network exclusively as a premium linear network.

UAQ, Alinma close real estate fund at $4.5bn

Updated 07 December 2019

UAQ, Alinma close real estate fund at $4.5bn

Umm Alqura Company for Development and Construction (UAQ) and Alinma Investment Company announced the successful completion of the launch of the Makkah Real Estate Development Funds, with an investment value exceeding SR17 billion ($4.5 billion). 

The funds are invested in seven hotel towers and two commercial complexes that will be developed within the King Abdul Aziz Road (KAAR) project in Makkah. It is one of the most significant developmental and urban development projects in the Makkah region. The project includes multiple options including housing and shopping, and provides easy mobility and means of transportation between the project facilities and the central area of the Holy Mosque.    

Yasser Abuateek, CEO of UAQ, said: “This strategic agreement is the first of several diverse investment activities designed to attract leading investment institutions. It confirms the appeal of investing in KAAR, an attractive destination for long-term investments, as well as the trust of the investment and financing community.

“This partnership also sheds light on the strength of Alinma Investment and its success in managing real estate funds, which makes it the ideal partner for implementing the project’s development and urban plan. The project aspires to become one of the modern landmarks in Makkah.”

Abuateek added: “By successfully attracting investments valued at SR17 billion, we will make progress in line with the execution plan for several diverse projects, especially since we have already reached several major milestones, including completion of the pouring and construction of all the concrete blocks for the Makkah Metro tunnels, while in addition we have completed nearly 50 percent of the bridges. Currently, we are working on completing all the unprecedented infrastructure projects that followed the demolition phase, which represent a transformation in the investment, development and preparation of the project’s lands, making it more attractive for development and creating new choices that help upgrade the quality of life for Makkah visitors and residents.”

Acting CEO of Alinma Investment Mazin bin Fawaz Baghdadi said: “We are very happy with the success of the Alinma Real Estate Development Funds together with our partner UAQ. This investment, with the large sum of capital, will play a major role in fulfilling the objectives of the finance sector, while our partnership will contribute to increasing the capacity to accommodate pilgrims and visitors through implementing urban developmental projects in the Makkah region.”

“The funds’ investment objective is to achieve long-term capital growth through the development of the superstructure in various parts of the King Abdul Aziz Road project in Makkah, which are: Five-star international hotels (Taj Hotel and Kempinski Hotel), four-star hotels (Hilton Embassy), three-star hotels (Hilton Garden Inn), apartments (Kempinski Residence), and two malls,” added Baghdadi.