Al Nahayan was quoted in the Dubai-based Khaleej Times as
saying that broadcasting from state-of-the-art studios and production
facilities in Karachi, Islamabad and Lahore, the channel would transmit
live programmes in both Urdu and English from Pakistan's perspective
He also said that new standards of accurate and credible TV journalism
would be set via this channel and that they were looking at hiring
new talent to operate the new television station.
CNBC Pakistan president Zafar Siddiqui was also quoted in the report
as saying that the channel would be a value addition to the Pakistani
media landscape and would utilise the global resources of the CNBC
network to deliver a continuous flow of relevant, engaging news
and information from all of the Pakistani markets and from global
CNBC Pakistan is owned by VNTV - a Pakistani company - and has
access to the CNBC global network and the resources of Dow Jones.
According to the KT report, VNTV, which is a public limited
company with a paid-up capital of $14 million, will offer its shares
to the general public for subscription by the end of year 2005.
A total of four slots - two each at Pas-2 and Pak-Sat have been
booked to air the transmission for the viewers across the globe.