Gulf News has seen the number of readers rise in the first half of the year, despite job cuts prompting an exodus of English speaking expats from the country, its editor in chief said on Monday.
"We have noticed an increase in readers and subscription rates. Some papers are less affected [by the downturn] than others," Abdul Hamid Ahmad told a conference in Dubai.
Asked to elaborate, he said: "We didn't lose readers. We sustained the readers plus, in my opinion, I think that the result will also show an increase."
UAE newspapers are facing headwinds amid falling advertising revenue and a wave of layoffs in the counrty's real estate, construction and financial sectors.
Advertising revenue in the UAE fell by 14 percent in the first quarter of the year, according to data from the Pan Arab Research Centre.
Advertising in English and Arabic language newspapers fell by 23 percent and 26 percent, respectively, while magazine advertising fell by 4 percent.
According to the Gulf News website, a BPA Worldwide audit from September 2007 to March 2008 showed the newspaper to have an average daily circulation of 115,366 copies on weekdays.
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