Saudi Arabia to allow private radio stations

July 27, 2007 at 12:32 pm Leave a comment

Saudi Arabia will soon allow private radio stations with the Government completing a study on how much investments can be allowed into the sector. The study was carried out by the Ministry of Culture and Information in association with the Saudi Arabian General Investment Authority.”We are now in the final stage of announcing how such investments can be made, especially in radio stations,” Culture and Information Minister Iyad Madani said. “The ministry will set out a regulatory framework for private participation,” Madani said.

(Times of India)

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Entry filed under: Asia, radio.

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