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Mon 16 Jul 2018 03:00 PM

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Business TV giant CNBC plans new studio at Nasdaq Dubai

TV network will use the new base at MarketSite, part of Nasdaq Dubai's new offices in the Dubai International Financial Centre

Business TV giant CNBC plans new studio at Nasdaq Dubai

CNBC, the world's number one business and financial news network, has announced the expansion of its Middle East operations with a new studio set to open in October at Nasdaq Dubai.

The network will use the new base at MarketSite, part of Nasdaq Dubai’s new offices in the Dubai International Financial Centre (DIFC), to further enhance its editorial presence across the region.

Hamed Ali, chief executive of Nasdaq Dubai, said: “Hosting CNBC at our MarketSite studio is an important step forward in Nasdaq Dubai’s mission to promote understanding and thought leadership in capital markets and business, among market participants as well as the general public.

"As Nasdaq Dubai’s own markets as well as others grow in size and sophistication, accurate information and insight are critical to successful investing, business decision-making and the region’s links with other areas of the world.”

KC Sullivan, president and managing director of CNBC International, added: “Nasdaq Dubai is at the epicenter of Dubai’s business community making it the ideal location to deepen our focus on telling the regional business story to our global audience. This new studio will quickly become an integral part of our daily business news programming around the word.”

CNBC currently broadcasts its morning show Capital Connection, fronted by its Anchor Hadley Gamble, from its headquarters at Abu Dhabi Global Market. The network’s new Dubai studio will work in concert with programming across Abu Dhabi, Singapore and London aiming to broaden its regional footprint.

DIFC is home to more than 2,000 active registered companies, with a combined workforce of over 22,000 professionals.

MarketSite will open soon as part of an office move by Nasdaq Dubai to larger premises within DIFC in a new building named The Exchange.