Dubai group to manage Dow Jones Factiva
Dubai, November 8, 2010
Dow Jones has signed an exclusive agreement with Media Intelligence, a subsidiary of Dubai-based news management firm News Group International, for the management and marketing of Dow Jones Factiva in the Mena region.
Fractiva is a leading business information resource that helps its user expertly gather intelligence, provide insights, identify opportunities and disseminate knowledge across a broad range of stakeholders.
A leader in news and business information, Dow Jones said as per the agreement, Media Intelligence will handle the entire operations management and service delivery functions for Factiva in the region, including business integration, marketing, sales, and customer support and training.
“The agreement is part of a wider push by Dow Jones to strengthen its presence in Middle East and North Africa, which we consider an important market in our global development strategy,” said Tom Waite, vice president, Partners & Alliances, Dow Jones.
“As the worldwide leader in content aggregation, Dow Jones Factiva has already developed a substantial client base in the Mena region, and the alliance with Media Intelligence will allow us to further extend our reach in key regional markets.”
Fadl Al Tarzi, chief operating officer of News Group International, said, "Our main focus at Media Intelligence will be to provide more customized and value-added services to Dow Jones Factiva clients in our region."
"With Factiva being the leading source of premium news we see it complementing existing offerings of News Group which are primarily Middle East focused news management services. Now for the first time, our clients will have access to relevant and concise news published from anywhere around the world in a near-real time basis."
"Whether you’re an investment manager in Abu Dhabi, a stock broker in Bahrain, or a PR Manager in Riyadh, through Factiva you’ll have full access to critical data from sources like the Wall Street Journal and AP Newswires, which are not available for free on the web," he added.
“Dow Jones Factiva is a must-have business tool for any organization looking for international information – whether for forex trading, global expansion or to keep tabs on market trends and competitor actions,” Yvonne Valenti, director, Partners & Alliances, Dow Jones said.
“We respect copyrights and other intellectual property rights, and each content item available on Factiva is paid for by Dow Jones,” he added.-TradeArabia News Service