A Kippreport and the Khaleej Times, report the imminent demise of the print version of Dubai-based business paper Emirates Business 24X7
Emirates Business 24-7's future in doubt
Dubai-based newspaper Emirates Business 24-7 may cease publication at the end of June, according to industry rumors and sources close to the title.
Kippreport News/June 21
Dubai-based newspaper Emirates Business 24-7 may cease publication at the end of June, according to industry rumors and sources close to the title. Although managers at the paper have told staff they don't know what is happening, insiders say editorial staff are uncertain of their future.Four members of staff have been asked to resign over the past month, and more resignations and redundancies are expected before the end of June. From July 1, the future of the paper is unclear. Several scenarios have been circulated within the newspaper and outside. The title could close altogether; it could become an online publication only, either on a permanent basis or as part of a staged shutdown, or it could be relaunched with more of a lifestyle focus, possibly under new management.
Reporters have apparently been asked to shift the focus of their stories away from the pure business angle the paper has taken since it was relaunched in its present guise in December 2007. The paper initially launched as Emirates Today two years before. They have been asked to gear their stories to the website, and some staff have been receiving extra online training. The newspaper's editor-in-chief Riyad Mickdady did not respond to requests for comment.
The daily business title is published by Awraq publishing, a subsidiary of government-owned Dubai Media Incorporated (DMI). Until October last year, it was published by Arab Media Group (AMG).
The Khaleej Times story
Emirates Business 24/7 to become e-paper
Shaikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Chairman of DMI, has ordered converting the print edition of the English daily 'Emirates Business 24/7' into an e-paper.
The new electronic edition will go online from the middle of next month. It will be run by a professional editorial staff, providing quick information and analysis that keeps abreast of local and international news.
The electronic edition of 24/7 will benefit from the infrastructure of Dubai Media Incorporated (DMI) regarding its audio-visual and print product in presenting the developed content in the digital world, which meets the needs of the readers in the country, GCC and the Arab World.
Shaikh Maktoum also ordered the setting up of a team to be chaired by Dhahin Shaheen, CEO of Press Affairs, and Sami Al Riyami and Riyadh Magdadi, Editor-in-Chief and Editor, respectively, of Emirates Business 24/7, as members of the committee.
Ahmed Al Shaikh, Managing Director and Director-General of DMI, said the launch of the new electronic edition of Emirates Business 24/7 will improve the quality in digital media, and demonstrate the local news in a different perspective to the world and, at the same time, "will serve as an interactive forum with the readers and those concerned online".
Emirates Business 24/7 in its new electronic edition will become the source of the news wherever the reader is, he said. "The launch of the edition is in line with the international trend in this field," he said, adding that prestigious media corporations in the Western world have also gone online.