Forbes announced the signing of an agreement to launch Forbes Middle East in partnership with Arab Publisher House.
The magazine, Forbes’ latest international edition, will be based in Dubai, and the first issue slated to be published in October.
Forbes Middle East will have an initial circulation of 25,000, eventually rising to 30,000. The initial edition will be printed in Arabic, but an English version will be launched in 2011.
Arab Publisher House is a newly formed joint venture of influential Saudi Arabian investors with its head office in Dubai Media City; it plans to bring to the region a number of other key publications, including ForbesWoman, ForbesLife and other magazines.
There are also Forbes licensee editions in China, Croatia, India, Indonesia, Israel, Korea, Latvia, Poland, Romania, Russia, Slovakia and Turkey. According to published reports, the previous Forbes edition in the Middle East shut down in 2009 after its partner went out of business.
