CNBC International, a leading business and financial news network, said that its president and managing director KC Sullivan rang the market-opening bell at Nasdaq Dubai today (November 7) to celebrate the launch of the network’s new studio at the exchange.

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

CNBC broadcasts key interviews from the studio as well as insights on the Middle East financial markets and economy to a global audience, said a statement from the organisation.

Business leaders interviewed since broadcasting began last week include Damac chairman Hussain Sajwani and Careem’s chief executive officer and co-founder Mudassir Sheikha, it said.

On the new venture, Sullivan 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.”
    
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.

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.”

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.

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,” he said.

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,” he added.-TradeArabia News Service