With 132 new gTLD applications in receipt of their Initial Evaluation results, the first to fail has been revealed.
The failed application was for العلیان., an Arabic dot-brand filed by Olayan Investments Company, a 65-year-old privately held Saudi conglomerate.
It failed IE on financial grounds, according to its published results (pdf).
To pass the financial portion of the evaluations, applicants must score a minimum of eight points, scoring at least one point on each of the six questions.
While Olayan did score eight, it scored a zero on question 45, “Demonstration of Financial Capability”, which asks applicants to file audited or unaudited financial statements.
It appears that the applicant in this case did not provide enough information to be evaluated either during the application itself or in response to ICANN’s “clarifying questions”.
The application is now categorized as “Eligible for Extended Evaluation” by ICANN, meaning Olayan can provide extra information in an attempt to pass the failed question.
There’s no fee to do so in this case, but there would be a delay.
ICANN has so far delivered IE results for 132 applications for applications with priority queue numbers up to 149. Every other result to date has been a “pass”.