CNBC unveiled plans Tuesday for a Middle East headquarters in Abu Dhabi, the capital of the United Arab Emirates, where it will hire 10 staffers.
The network will begin broadcasting from a new studio at Abu Dhabi Global Market in the first quarter of 2018.
The network plans to anchor one of its daily global business news programs from its new Abu Dhabi base while establishing a stronger editorial presence across the region.
Expansion of both the CNBC feature franchise “Access Middle East” and the network’s regional event coverage are also planned.
“Abu Dhabi offers an excellent base for CNBC in the Middle East,’ said KC Sullivan, president and managing director of CNBC International, in a statement. “It is home to many of the region’s key businesses and decision-makers as well as being a major financial services hub.”
Earlier in 2017, CNBC began broadcasting regular Middle East business updates live from Abu Dhabi using Middle East anchor Hadley Gamble.
