默多克转向投资中东地区

"Throughout my life, I have endured my share of blistering newspaper attacks."

Rupert Murdoch there acknowledging he has taken many hits throughout his career when he was speaking at the Abu Dhabi Media Summit last year in a video they've now posted on YouTube. And during that speech, he announced major investment here in the region. So as his UK entities face legal and ethical questions, let me show you three reasons the Middle East is stable for him.

Reason number one is right next to me. This man, Saudi Prince Al-Waleed bin Talal, he is a billionaire. And his Kingdom Holding investment company is the second largest shareholder within News Corp. Now when he was asked about this controversy surrounding the company, he told Al Rabia that there will be (quote) "No change. My investment is strategic, not thinking of selling anything. The crisis does not make Kingdom Holding blink at all. It makes our partnership stronger. We have to put this issue behind us".

Take a look at example number two. This is Sky News Arabia, an Arabic language news channel, set to launch in the spring of next year that could reach 50 million households. This is a video they posted on their official website of what the set will look like. Now this is a joint partnership between Abu Dhabi Media Investment Corporation and BSkyB. And even though Rupert Murdoch gave up his takeover bid for BSkyB, News Corp still owns 39 percent of the company. They tell us plans to launch this channel remain unaffected because of the controversy.

Now behind me is reason number three. The Middle East is still a safety bet for Rupert Murdoch. This is Farsi1. It is a Farsi language entertainment channel of which News Corp has 50 percent ownership and it will be one of three Farsi language channels that Rupert Murdoch will own partly. So, UK controversy aside, there is still a lot of potential for growth in the Middle East for Rupert Murdoch's empire.

Errol Barnett, cnn, Abu Dhabi, UAE.