US business news channel CNBC says it is to cooperate with stock exchange Nasdaq Dubai to expand its operation in Dubai. CNBC has broadcast from Abu Dhabi, the capital city of the UAE.
CNBC says it 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. With MarketSite at the heart of Dubai’s financial hub, CNBC will speak to the business and government leaders helping shape the region’s economic future. MarketSite will host a range of thought leadership and capital markets activities.
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.”
CNBC currently broadcasts its morning show Capital Connection, fronted by its Anchor Hadley Gamble, from its headquarters at Abu Dhabi’s 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.
CNBC launched its Middle East Headquarters in Abu Dhabi’s International Financial Centre, Abu Dhabi Global Market, in April 2018, co-anchoring its daily Capital Connections show from both Abu Dhabi and the CNBC Asia Headquarters in Singapore.