Saudi news channels have been instructed to begin transferring their operations from Dubai to Riyadh as part of a drive by Crown Prince Mohammed Bin Salman to turn the Saudi capital into a major business hub to rival the UAE. Staff at Al Arabiya and Al Hadath, two prominent Saudi news channels, which operate under the same media umbrella, were told on Monday to move their headquarters out of the Dubai Media City, home to global and local media companies, to Riyadh. The move is expected to happen in stages over a period of six months. Saudi owned MBC Group, the largest broadcaster in the Middle East and North Africa, has also said that its plan announced last year to set up a new headquarters in Riyadh … Continue reading In a blow to Dubai, Saudi Arabia instructs news channels to transfer headquarters to Riyadh