Abu Dhabi Media Company
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Abu Dhabi Media Company
Abu Dhabi Media Network (, also ADMN) is the official media organization of the Emirate of Abu Dhabi#Government, Government of Abu Dhabi. The organization was established in 2007. The company manages over 18 brands in two categories. ADM brands include Abu Dhabi TV, Al Emarat TV, Abu Dhabi Sports Channel, Drama, National Geographic Abu Dhabi, Yas TV, Quran Kareem, Emarat FM, Abu Dhabi FM, Star FM, Abu Dhabi Classic FM, and Kadak FM. It also includes ''Al-Ittihad (Emirati newspaper), Al-Ittihad'', ''Zahrat Al Khaleej'', ''Majid'' TV, and ''National Geographic'' Al Arabiya across the publishing platform. ADM operates websites as well as applications for ''Zahrat Al Khaleej'', ''Majid'', Zayed Digital TV, and Mohtawa. Incorporation The company was created in June 2007 by ''Law No 13 of 2007'' as a joint stock company (wholly owned by the government of Abu Dhabi) from the assets of Emirates Media Incorporated. Crown Prince of Abu Dhabi Mohammad Bin Zayed Al Nahyan, formed the five-me ...
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State-owned Enterprise
A state-owned enterprise (SOE) is a Government, government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn Profit (economics), profit for the Government, government, control monopoly of the Private sector, private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of Profit (economics), financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs ar ...
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