Middle East 5

Financial Times to launch Middle East edition

The UK's Financial Times (FT) is to launch a full Middle Eastern edition of its famous newspaper in Abu Dhabi to be published every Tuesday and Thursda.

"It's a full-edition newspaper," one source said about the newspaper's ambitions in the region. "The paper will have its main office in Abu Dhabi but also an office in Dubai."

Roula Khalaf, currently the Middle East editor of the newspaper, will head the newspaper's regional edition at its main office in Abu Dhabi and Simeon Kerr, the newspaper's Gulf correspondent, will head the office in Dubai.

Lionel Barber, who helms the newspaper in London as its main Editor, will direct the newspaper's launch this week.

The inaugural edition of the newspaper will be launched on Tuesday April 29 at the Emirates Palace with guests including Sheikha Lubna Al Qasimi, minster of foreign trade, Khaldoon Khalifa Al Mubarak, CEO and managing director of Mubadala Development Company and Hussain Al Nowais, vice chairman of Abu Dhabi Basic Industries Corporation.

Representatives from the Financial Times were unavailable for comment on the launch.

The Financial Times' decision to have a Middle East edition comes only weeks after the government of Abu Dhabi launched a major English-language daily newspaper, The National, headed by former Daily Telegraph editor Martin Newland.

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