Wednesday 25 August 2010

Hi FM's offices get a bit toasty.



Local commercial radio stations, Hi & Hala FM recently suffered a mild set-back.

The news broke yesterday but I've just been too busy. Thankfully the weekend has now arrived!

On Tuesday morning, at roughly 3am, a fire broke out in the offices in Al Khuwair and totally destroyed some of their offices. The studio's were affected indirectly, and appear to be operational (they are still broadcasting).



Some of you may be excited to hear that fortunately the entire back catalogues of Scooter and Hillary Duff was also lost in the fire. Tragic.

In other news, today marks the half-way point for this Rammadhan - all eyes on Eid now!

Meanwhile, this story may be of some interest to those of you who are looking to buy-in to Nawras's upcoming IPO. It seems they want between 700-900 bz per share, and are looking to flog 260 million shares... so that tots up to a lot of capital.

Enjoy the weekend!

le fin.

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