Financial Times launching Middle Eastern edition

Posted by Carolyn Lo on April 28, 2008 at 10:47 AM
Pearson is launching a Middle Eastern edition of its business newspaper the Financial Times to meet "increasing reader and advertiser demand for global business news in the Gulf following its emergence as a major international finance and business center," according to Brand Republic. It will be available tomorrow.

"This edition is a further step in our successful global strategy, reflecting the rapidly deepening interface between the region and the international economy," said John Ridding, chief executive of the Financial Times. ""It will provide a further boost to our global circulation and a quality advertising vehicle for businesses seeking to reach senior decision makers in the Middle East."

The staff will consist of Roula Khalaf, Middle East editor in London, and three full-time journalists in Abu Dhabi: Andrew England, Middle East correspondent, James Drummond, Gulf News editor, and Simeon Kerr, Gulf business correspondent. Other journalists will be recruited in Qatar and Saudi Arabia. 

FT already has a network of offices in Cairo, Tehran, Jerusalem and Beirut, and they hope to expand with Kerr based in Dubai.

FT also hopes to gain more coverage on the Middle East on its website, as well as revamp the webpage so that is has more video and audio content.

Former Daily Telegraph editor Martin Newland launched UAE newspaper The National about two weeks ago, thus making the FT's Middle East edition the second national title to launch in the area this month.

Source: Brand Republic

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