Andrew Critchlow of Dow Jones Newswires reports that CNBC is examining opening a bureau in Bahrain.
Critchlow writes, “The new bureau will produce regular English-language business programming on the region, where CNBC has a local franchise Arabic service, the people said. The business network is following the example of Time Warner Inc.’s CNN, which recently opened a new regional hub in Abu Dhabi, United Arab Emirates.
“‘CNBC continually looks at opportunities to expand its editorial presence around the world,’ said a spokesman for CNBC, who declined to comment further on any specific plans.
“CNBC’s push in the Middle East comes as NBC Universal and Comcast Corp. seek regulatory approval for a proposed $30 billion tie-up.
“Luring the broadcaster would be a victory for Bahrain, which has struggled to capture international business and investment ahead of neighboring Gulf locations like Dubai. The emirate has traditionally been the regional centre for media investment.”
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