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Mediaquest acquires AME Info and SME Info
Leading Middle East media group acquires two business websites from Top Right Group.
June 9, 2013 11:20 by kippreport
Dubai, UAE – June 5, 2013: Mediaquest, a leading media company in the Middle East and North Africa, has acquired AME Info and SME Info websites, two of the region’s leading business outlets for news and information. The sites attract more than 2.4 million unique users monthly. Commercial terms of the transaction were not disclosed.
The agreement was signed by Alexandre Hawari, co-CEO of Mediaquest, who said:
“The acquisition of both the AME Info and SME Info websites are in line with our growth strategy and commitment to strengthening the position of regional publications. We are delighted to have another feather in our business publications cap.”
Founded in the United Arab Emirates in 1993, AME Info offers English and Arabic information in daily news wires, editorial columns, features, reports, video and radio features, including business directory information and event listings.
Powered by AME Info, SME Info is an online English resource of valuable business advice and information, interviews featuring SME role models and business growth research articles.
AME Info and SME Info were previously owned by Top Right Group, a leading B2B media group providing information services, events and subscription content to enable customers worldwide to make better business decisions.
Duncan Painter, CEO, Top Right Group, said:
“The AME Info and SME Info websites are successful, well regarded brands with a loyal, daily following. This sale will enable us to invest back into growth initiatives as we continue to create a platform for growth, particularly internationally. We will continue our growth focus on MEED, our leading subscription content and events business in the Middle East and other fast-growing international territories.”
Mediaquest’s acquisition of the AME Info and SME Info websites follows the launch in 2010 of Dotmena.com, Mediaquest’s premium digital platform, aimed to connect luxury brands and extend their reach to key audiences across the MENA region. Dotmena.com has rapidly established itself as the portfolio of choice for a number of advertisers and publishers. It now represents more than 41 million unique visitors and 1 billion impressions across varied verticals, and includes Kippreport.com, Jeelnar.com, AMDmode.com, MarieClaireArabia.com, among others.
AME Info and SME Info will be re-designed and will re-launch in September 2013.
Mediaquest is one of the leading media groups in the MENA region and for more than 15 years has provided unique insights into the Arab world through its diverse portfolio of more than 20 consumer and trade publications covering business, marketing, communications, women’s interests, lifestyle, entertainment and automotive sectors. Titles include: Gulf Marketing Review, Communicate, Saneou Al Hadath, TRENDS, Policy, Arabies, Marie Claire Arabia and Lower Gulf, Haya, Aficionado and Autocar Middle East. The group publishes in three languages and operates an international network across Algiers, Beirut, Dubai, Jeddah, Riyadh, Kuwait, Egypt and Paris.
Notes to the editor:
About Mediaquest: partner in media, partner in digital, partner in events… partner in success
Founded in 1997, Mediaquest provides unique insights into the Arab world through its diverse range of media. It operates in Algiers, Beirut, Dubai, Jeddah, Riyadh and Paris, and publishes in three languages.
partner in media
With more than 20 consumer and trade titles covering business, marketing, communications, women’s interests, lifestyle, entertainment and automotive, Mediaquest is one of the leading media companies in the Middle East and North Africa.
partner in digital
dotmena.com is fast becoming the premium portfolio of choice for advertisers and publishers to expand their reach in the region. dotmena.com represents more than 41 million unique visitors and 1 billion impressions in the fields of business, marketing, communications, sports, women’s interest, lifestyle and entertainment, allowing us to match the right ad to the right audience at the right time. www.dotmena.com
partner in events
Mediaquest events creates, project manages and delivers successful events, including the GMR Marketing to Women Conference, Effie Mena Awards, SPIA, and Insurex.
About Top Right Group Ltd
Top Right Group is a business-to-business multiplatform media group, providing critical analysis, breaking news, fresh ideas and relevant professional opportunities to customers worldwide. It owns a portfolio of independent operating companies, including: i2i Events Group, a leading exhibitions and large-scale events business; Lions Festivals, the organiser of International Festivals of Creativity globally; 4C Group, a portfolio of world class information services brands; and EMAP, a progressive, brand-led media company delivering paid-for subscription content in print, digitally and at live events. www.topright-group.com