Conde Nast plans to launch Middle East versions of its biggest magazines, increasing the likelihood of regional editions of titles such as Vogue and GQ being published in the UAE. The US-based publisher also says its magazine theme restaurants could be open in the UAE "within two years".
The company will look to operate in the region through partnerships with local media and catering companies, starting with a number of restaurant franchises. "We are looking to start magazines in the UAE in the future," said Jonathan Newhouse, the chairman of Conde Nast International. "Usually GQ, Vogue and Glamour are among the first magazines we bring to [a new] market. Conde Nast Traveller ? is another product that has strong potential in the Emirates market."
This month the company launched a new division, Conde Nast Restaurants, which plans to open its eateries in locations such as Dubai, Singapore and Hong Kong. "You could look at the restaurants as a first step to producing magazines in the local market," Mr Newhouse said. He said Dubai was one of the first target markets for its restaurant launches. "The two that would probably be developed there are Vogue Cafe and GQ Bar. There could be others," he said.
Conde Nast's Dubai restaurants would sell alcohol and therefore would be located at upmarket hotels. "I think alcohol is an important ingredient in the success of a restaurant," said Mr Newhouse. "I'd be very surprised if we didn't have restaurants operating in the UAE within two years and I would certainly hope that in the next few years we have some magazines to go along with our restaurants. But the first step for the Vogue and GQ brands will be restaurants."
Although no negotiations have yet taken place, Mr Newhouse said a medium-term aim was to launch editions of its magazines through partnerships with local publishers. "It is a small market, so we'd work with an established group," he said. "We'd look for a publisher ? that has a good reputation. You really need people who know the market." Mr Newhouse said it was "too soon to know" whether the titles published out of the UAE would be in English, Arabic or both.
In 2007, plans to launch a franchised Arabic edition of Vogue were binned after the publisher reportedly said the Middle East was too unstable to support such a title. Mr Newhouse told Press Gazette at the time that, while there were many potential Vogue readers in the Middle East, "unfortunately they live in the same general region as some of the most militant and violent elements". But he now says his comments were "misinterpreted" and that any launch of Conde Nast titles in the region would take local sensitivities into account.
"We've had very few instances around the world of censorship issues with editorial content," Mr Newhouse said. A publishing presence in the UAE would not necessarily act as a centre for the entire Middle East. "I suspect that the Middle East is quite a variegated market," he said. "The UAE is quite different from Iraq. And Beirut in Lebanon is quite another market." The Dubai-based Motivate Publishing publishes Golf Digest magazine under licence from Conde Nast. Motivate's managing partner Ian Fairservice said the US publisher had not spoken to it about expanding Middle East operations.
Mohan Nambiar, the MENA chief executive of the media planning agency MEC, said the launch of such "credible titles" would be welcomed by the advertising industry. "For us, it would be great news as long as they comply with what they do globally," Mr Nambiar said. Mr Newhouse said the presence of Conde Nast's "core advertisers" such as Christian Dior and Chanel had influenced its plans to launch publications in the UAE.
"They're kind of like the litmus test," he said. "If they are present in the market we can consider it. We look for our key advertisers and they are in the Emirates." But other commentators said the local advertising market was too stretched to support such titles. "Who would want to launch a Middle East version of GQ?" said Ali Jaber, the dean of the Mohammed Bin Rashid School of Communications at the American University of Dubai and a consultant to Dubai Media Incorporated.
"We have Esquire Middle East - we should see how that's faring. The advertising industry in the Arab world is suffering big time ? the times when advertisers have spare money to try here and there are gone." @Email:bflanagan@thenational.ae
Dubai World Cup Carnival card
6.30pm: UAE 1000 Guineas Trial Conditions (TB) US$100,000 (Dirt) 1,400m
7.05pm: Handicap (TB) $135,000 (Turf) 1,000m
7.40pm: Handicap (TB) $175,000 (D) 1,900m
8.15pm: Meydan Challenge Listed Handicap (TB) $175,000 (T) 1,400m
8.50pm: Dubai Stakes Group 3 (TB) $200,000 (D) 1,200m
9.25pm: Dubai Racing Club Classic Listed Handicap (TB) $175,000 (T) 2,410m
The National selections
6.30pm: Final Song
7.05pm: Pocket Dynamo
7.40pm: Dubai Icon
8.15pm: Dubai Legacy
8.50pm: Drafted
9.25pm: Lucius Tiberius
THE%20SPECS
%3Cp%3EEngine%3A%204.4-litre%20twin-turbo%20V8%20hybrid%0D%3Cbr%3EPower%3A%20653hp%20at%205%2C400rpm%0D%3Cbr%3ETorque%3A%20800Nm%20at%201%2C600-5%2C000rpm%0D%3Cbr%3ETransmission%3A%208-speed%20auto%0D%3Cbr%3E0-100kph%20in%204.3sec%0D%3Cbr%3ETop%20speed%20250kph%0D%3Cbr%3EFuel%20consumption%3A%20NA%0D%3Cbr%3EOn%20sale%3A%20Q2%202023%0D%3Cbr%3EPrice%3A%20From%20Dh750%2C000%0D%3Cbr%3E%3C%2Fp%3E%0A
MATCH INFO
Euro 2020 qualifier
Fixture: Liechtenstein v Italy, Tuesday, 10.45pm (UAE)
TV: Match is shown on BeIN Sports
The specs: 2018 Maserati Ghibli
Price, base / as tested: Dh269,000 / Dh369,000
Engine: 3.0-litre twin-turbocharged V6
Transmission: Eight-speed automatic
Power: 355hp @ 5,500rpm
Torque: 500Nm @ 4,500rpm
Fuel economy, combined: 8.9L / 100km
The biog
Born: Kuwait in 1986
Family: She is the youngest of seven siblings
Time in the UAE: 10 years
Hobbies: audiobooks and fitness: she works out every day, enjoying kickboxing and basketball
UAE currency: the story behind the money in your pockets
Superliminal%20
%3Cp%3EDeveloper%3A%20Pillow%20Castle%20Games%0D%3Cbr%3EPublisher%3A%20Pillow%20Castle%20Games%0D%3Cbr%3EConsole%3A%20PlayStation%204%26amp%3B5%2C%20Xbox%20Series%20One%20%26amp%3B%20X%2FS%2C%20Nintendo%20Switch%2C%20PC%20and%20Mac%0D%3Cbr%3ERating%3A%204%2F5%3C%2Fp%3E%0A
Email sent to Uber team from chief executive Dara Khosrowshahi
From: Dara
To: Team@
Date: March 25, 2019 at 11:45pm PT
Subj: Accelerating in the Middle East
Five years ago, Uber launched in the Middle East. It was the start of an incredible journey, with millions of riders and drivers finding new ways to move and work in a dynamic region that’s become so important to Uber. Now Pakistan is one of our fastest-growing markets in the world, women are driving with Uber across Saudi Arabia, and we chose Cairo to launch our first Uber Bus product late last year.
Today we are taking the next step in this journey—well, it’s more like a leap, and a big one: in a few minutes, we’ll announce that we’ve agreed to acquire Careem. Importantly, we intend to operate Careem independently, under the leadership of co-founder and current CEO Mudassir Sheikha. I’ve gotten to know both co-founders, Mudassir and Magnus Olsson, and what they have built is truly extraordinary. They are first-class entrepreneurs who share our platform vision and, like us, have launched a wide range of products—from digital payments to food delivery—to serve consumers.
I expect many of you will ask how we arrived at this structure, meaning allowing Careem to maintain an independent brand and operate separately. After careful consideration, we decided that this framework has the advantage of letting us build new products and try new ideas across not one, but two, strong brands, with strong operators within each. Over time, by integrating parts of our networks, we can operate more efficiently, achieve even lower wait times, expand new products like high-capacity vehicles and payments, and quicken the already remarkable pace of innovation in the region.
This acquisition is subject to regulatory approval in various countries, which we don’t expect before Q1 2020. Until then, nothing changes. And since both companies will continue to largely operate separately after the acquisition, very little will change in either teams’ day-to-day operations post-close. Today’s news is a testament to the incredible business our team has worked so hard to build.
It’s a great day for the Middle East, for the region’s thriving tech sector, for Careem, and for Uber.
Uber on,
Dara
Expo details
Expo 2020 Dubai will be the first World Expo to be held in the Middle East, Africa and South Asia
The world fair will run for six months from October 20, 2020 to April 10, 2021.
It is expected to attract 25 million visits
Some 70 per cent visitors are projected to come from outside the UAE, the largest proportion of international visitors in the 167-year history of World Expos.
More than 30,000 volunteers are required for Expo 2020
The site covers a total of 4.38 sqkm, including a 2 sqkm gated area
It is located adjacent to Al Maktoum International Airport in Dubai South
Brief scores:
Newcastle United 1
Perez 23'
Wolverhampton Rovers 2
Jota 17', Doherty 90' 4
Red cards: Yedlin 57'
Man of the Match: Diogo Jota (Wolves)
When is VAR used?
• Goals
• Penalty decisions
• Direct red-card incidents
• Mistaken identity