Dubai: The new international news channel owned by Prince Al Waleed Bin Talal and set for a launch next year has got itself an identity: Alarab.

The location of Alarab's headquarters and main broadcast centre has not yet been announced, although Manama, Doha, Dubai, Abu Dhabi and Beirut are among the cities being considered.

The news channel is independent from the Kingdom Holding Company and the Rotana group and privately owned by Al Waleed.

A leading Saudi journalist, Jamal Ahmad Khashoggi, will manage the 24-hour channel which will target Arabic-speaking viewers across the region and beyond.

Tie-up with Bloomberg

Al Waleed has also entered into an agreement in which Bloomberg will provide support in the creation of five hours of financial and economic news programming.

Bloomberg-branded business reports will air within Alarab's daily coverage with reports from the Mena markets as well as a weekly round-up of global financial news.

A team from Bloomberg will help with the production of the business-based coverage.