During his keynote speech at the 1st International Media Forum Abu-Ghazaleh Calls on Arab Media Institutions to be Innovative in their Performance

AMMAN - The Arab economist and business expert, HE Dr. Talal Abu-Ghazaleh, founder and chairman of Talal Abu-Ghazaleh Global (TAG.Global), called on all Arab media institutions to stay away from imitating Western media outlets and embrace innovation in their digital media performance instead, for the benefit of the Arab societies, noting that the world has reached advanced stages of Internet utilization. 

 Dr. Abu-Ghazaleh’s was a key speaker at the First International Media Forum held under the auspices of HE Sheikh Dr. Saeed bin Tahnun Al Nahyan with the Honorary Presidency of HRH Princess Hind bint Abdulrahman Al-Saud. The conference was organized in the United Arab Emirates under the theme: ‘New Media Outlook 2021’.

During his speech, Dr. Abu-Ghazaleh affirmed that the world’s five giant corporations are knowledge-based companies, though, digital companies do not fall within the jurisdiction of the World Trade Organization (WTO), noting that major corporations rely in marketing their digital products on media institutions which have started to fiercely compete with media channels in offering media content all over the world. 

He also underlined the need to add the so-called ‘Knowledge Product’ to the Agreement on Trade-Related Aspects of Intellectual Property Right (TRIPS) with the World Intellectual Property Organization (WIPO).

For his part, Sheikh Saeed bin Tahnun Al Nahyan stated that the new technological advancement has forced all sectors of society to keep up with the modern developments in the media sector, noting that using modern means of communication and developed techniques has become an integral part of the New Media in order to be able to compete in providing the best content based on credibility, transparency and keenness on broadcasting events easily and as they happen.  

Regarding Internet governance, Sheikh Dr. Saeed stressed the need for verifying the authenticity of any information or news before broadcasting, praising the efforts of the International Media Forum in organizing the Forum which tackled issues related to the New Media and digital challenges. 

The Honorary President of the First International Media Forum, HRH Princess Hind bint Abdulrahman Al-Saud, expressed her pleasure in participating in the Forum in its first edition. 

The Princess affirmed that her participation in the gathering aims to learn more about the media and the challenges it faces in light of the current conditions we are experiencing. HRH further  noted that "by joining our forces, we will achieve many of our aspired goals".

 The 1st International Media Forum discussed the vision of the new media and its impact regionally and globally with the participation of a host of distinguished media leaders and experts.