DUBAI – Daily paper Emirates Business 24/7, part of a company owned by Dubai’s ruler, will shut down at the end of this month, Dubai media reported on Wednesday.
The plan is to turn the newspaper, owned by Arab Media Group, part of the ruler’s sprawling business enterprise, into an online publication by mid July, media reported.
Dubai-based new website Kipp Report said managers at the paper have told staff they do not know what is happening.
Zawya Dow Jones, citing a statement from Dubai Media Office, reported that the emirate’s ruler Sheikh Mohammed bin Rashid al-Maktoum on Wednesday ordered the conversion of the local English-language paper.[Read More]
