News Corp to partner new Arabian news channel

Al-Jazeera is about to get competition for Arab TV viewers. A company run by Saudi Arabian billionaire Prince Alwaleed Bin Talal is planning to launch an Arabic television news channel in partnership with Rupert Murdoch's company News Corporation . The prince, ranked by Forbes magazine as the world's 19th richest person, said the 24-hour news channel will be an "addition and alternative" to the Qatar-based Al-Jazeera and the Saudi-controlled Al-Arabiya . The new channel's chief will be Jamal Khashoggi , the former editor of the Saudi-based Al Watan newspaper. No date for launch has been announced. Source: RBR