Dubai move mooted for Al-Hayat


Issue 1016 - 03 Jun 2016 | 1 minute read

Saudi-backed Al-Hayat Publishing is planning to leave London, where it has been registered and headquartered since the Arabic daily Al-Hayat’s purchase by Prince Khalid Bin Sultan in 1988. Its parent company Media Communications Group plc (MCG) – which itself is owned by British Virgin Islands-registered Reference Investments Inc – is planning to decamp to Dubai. A formal decision is expected to be announced later this year.

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