DUBAI, 20 June 2006 — ABQ Zawya, the leading Middle East business information company, and Dow Jones Newswires, leading provider of real-time financial news, on Sunday launched the Zawya Dow Jones News Service, an English- and Arabic-language news service covering the Middle East’s financial markets.
The Zawya Dow Jones News Service combines Zawya’s information resources and the reporting expertise of Dow Jones Newswires. The service provides a constant watch on corporate developments and financial markets and a unique insight into the region’s economies, offering fresh ideas for investment decision-making, research and trading.
The English-language version is available to financial professionals via Zawya’s new premium financial information service, Zawya Investor, which also launched yesterday; via Dow Jones Newswires’ web service, dowjonesnews.com; and other information vendors.
The Arabic-language service is available to regional media organizations.
“The Zawya Dow Jones News Service aims to provide a new degree of transparency and independent business news reporting dedicated to the region” said Ihsan Jawad, chief executive of ABQ Zawya.
Produced by a new team of Zawya Dow Jones Newswires reporters based throughout the region, the service provides news, commentary and analysis, covering public, private and state-owned enterprises, as well as those companies looking to join the region’s stock markets.
The Zawya Dow Jones News Service also covers regional stock markets and mergers and acquisitions activity; government privatizations and budgetary moves; economic trends and infrastructure tenders.
While asked about the market competition, Michael Bergmeijer, vice president and managing director, international, Dow Jones Newswires, said: “We have a unique position in the market. We’re delighted to team up with Zawya to launch a service that will help bring greater understanding of this exciting and thriving region to investors within the region and indeed around the world.”
