CNBC Rings Market-Opening Bell at Nasdaq Dubai to Celebrate Launch of Studio

• Studio strengthens network’s coverage of Middle East business and finance
• Media activity and thought leadership are core elements of Nasdaq Dubai MarketSite

Dubai, November 7, 2018 – KC Sullivan, President and Managing Director of CNBC International, rang the market-opening bell at Nasdaq Dubai today to celebrate the launch of the network’s new studio at the exchange.

CNBC broadcasts key interviews from the studio as well as insights on the Middle East financial markets and economy to a global audience. Business leaders interviewed since broadcasting began last week include DAMAC chairman Hussain Sajwani and Careem’s CEO and co-founder Mudassir Sheikha.

The studio is located at MarketSite in Nasdaq Dubai’s premises in the Dubai International Financial Centre (DIFC).

KC Sullivan, President and Managing Director of CNBC International, said: “Our new home at Nasdaq Dubai is already playing an important role in delivering a deeper focus on the Middle East business story to our global audience. We aim to further enhance our editorial presence across the region.”                                                                                                                         

His Excellency Essa Kazim, Governor of DIFC, said: “The CNBC International studio is a valuable addition to the media and communications landscape in Dubai. Its launch underlines DIFC’s commitment to further developing its role as the region’s international financial hub through vibrant discourse and information sharing.”

The CNBC studio at Nasdaq Dubai MarketSite contributes to the network’s international programming, including its morning show Capital Connection, fronted by Hadley Gamble in Abu Dhabi and Nancy Hungerford in Singapore.

Abdul Wahed Al Fahim, Chairman of Nasdaq Dubai, said: “CNBC’s arrival makes an important contribution to Dubai’s role as a communications gateway between the Middle East and other regions of the world. The media plays a vital part in promoting accurate understanding and informed decision-making.” 

Hamed Ali, Chief Executive of Nasdaq Dubai, said: “High quality journalism is a crucial element of the knowledge exchange that drives the success of financial services and other businesses, for the benefit of their customers and the wider economy. CNBC’s presence at Nasdaq Dubai MarketSite underlines the exchange’s role in promoting the development of the capital markets in the region and internationally.”

Nasdaq Dubai hosts a range of thought leadership and financial markets activities at MarketSite as well as market-opening bell-ringings for issuers and other companies.

DIFC is home to more than 2,000 active registered companies, with a combined workforce of over 22,000 professionals. Dubai hosts the Middle East headquarters of many leading international businesses as well as its own prominent enterprises.  

For more information contact:

Lee Thompson, Head of Communications, CNBC International

[email protected] / +44 (0)20 7653 9398

Mark Fisher, Senior Vice President - Head of Corporate Communications & Marketing, Nasdaq Dubai

[email protected] / +971 50 624 5805   

 

About CNBC  

CNBC is the leading global broadcaster of live business and financial news and information, reporting directly from the major financial markets around the globe with regional headquarters Singapore, Abu Dhabi, London and New York. The TV channel is available in more than 410 million homes worldwide.

CNBC.com is the preeminent financial news source on the web, featuring an unprecedented amount of video, real-time market analysis, web-exclusive live video and analytical financial tools.

CNBC is a division of NBCUniversal. For more information, visit www.cnbc.com.

 

About Nasdaq Dubai

Nasdaq Dubai is the international financial exchange serving the region between Western Europe and East Asia. It welcomes regional as well as global issuers that seek regional and international investment. The exchange currently lists shares, derivatives, Sukuk (Islamic bonds), conventional bonds and Real Estate Investment Trusts (REITS). The majority shareholder of Nasdaq Dubai is Dubai Financial Market with a two-thirds stake.  Borse Dubai owns one third of the shares. The regulator of Nasdaq Dubai is the Dubai Financial Services Authority (DFSA). Nasdaq Dubai is located in the Dubai International Financial Centre (DIFC).