Featured
Thai bizman buys Fortune magazine for $150 million
U.S. media company Meredith Corp (MDP.N) said on Friday it would sell Fortune magazine for $150 million in cash to Thai businessman Chatchaval Jiaravanon, the second time the influential business magazine has changed hands this year.
Best known for the “Fortune 500” list, the magazine was acquired by Meredith as part of its acquisition of Time Inc in January for $1.84 billion.
In September, the company announced the sale of Time magazine to Salesforce.com Inc (CRM.N) founder and co-Chief Executive Officer Marc Benioff and his wife Lynne Benioff for $190 million in cash.
Meredith said it would use the Fortune sale proceeds to pay down debt, which it expects to reduce by $1 billion during fiscal 2019.
Jiaravanon is best known for his affiliation with Charoen Pokphand Group, or C.P. Group, a business conglomerate with stakes in the Thai telecommunications, food, retail and automotive industries.
Liva Insurance Supports Community Wellness Through “Experience Oman – Muscat Marathon 2026”
A New Platform for SME Growth: Oman Arab Bank Unveils Tumouhi
EXCLUSIVE INTERVIEW: TLS Rebranding Marks Strategic Leap Toward Innovation, Sustainability & Growth
Supporting Community Wellness: Liva Insurance Sponsors Muscat Marathon 2026 with Free Health Checkups
AI Security Conference 2025 Hosted by Securado Highlights the Changing Cybersecurity Landscape
OER, December 2025
Oman Oil Marketing Company Concludes Its Annual Health, Safety, Environment, and Quality Week, Reaffirming People and Safety as a Top Priority
Jamal Ahmed Al Harthy Honoured as ‘Pioneer in Youth Empowerment through Education and Sport’ at CSR Summit & Awards 2025
Prime Minister of India Narendra Modi to Visit the Sultanate of Oman on 17-18 December
Oman’s Net Wealth Reaches $300 Billion in 2024, Poised for Steady Growth
Power And Beyond: The Path To A Low-carbon Future
Al Mouj Muscat unveils Ghadeer Villas
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Renewables are booming, but not fast enough to cap greenhouse emissions
Hospitality Industry in Oman Estimated 90% Growth in 2022
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
Celebrating Infoline’s Remarkable 20-Year Journey
-
Banking & Finance1 month agoOman Oil Marketing Company Concludes Its Annual Health, Safety, Environment, and Quality Week, Reaffirming People and Safety as a Top Priority
-
News2 months agoOIG Appoints New CEO to Lead Its Next Chapter of Excellence
-
News2 months agoReport: How India & The Middle East Are Exploiting Immense Economic Synergies
-
Uncategorized2 months agoOman’s ISWK Cambridge Learners Achieve ‘Top in the World’ and National Honours in June 2025 Cambridge Series
-
Economy2 months agoPrime Minister of India Narendra Modi to Visit the Sultanate of Oman on 17-18 December
-
News1 month agoJamal Ahmed Al Harthy Honoured as ‘Pioneer in Youth Empowerment through Education and Sport’ at CSR Summit & Awards 2025
-
Economy2 months agoOman’s Net Wealth Reaches $300 Billion in 2024, Poised for Steady Growth
-
News2 months agoIHE Launches Eicher Pro League of Trucks & Buses in Oman
You must be logged in to post a comment Login