Arab Media Group, the largest media group in the UAE, has announced the launch of Emirates Business 24/7, the Middle East's first English language daily dedicated to business and economic news.

The new publication will be on the stands from Sunday, December 9. It will focus on business related local, regional and international news, matching editorial best practices from across the world.

Abdullatif Al Sayegh, CEO of AMG, said: 'The current economic boom in the region, especially in the UAE, has resulted in an exponential increase in readers' interest about latest business developments. Moreover, decision makers and opinion makers today are looking for a source of in-depth analysis, thought-provoking editorials and objective information across all sectors.'

Emirates Business 24/7 will focus on sectors and industries such as oil and gas, banking and finance, real-estate, technology, telecommunications and travel and tourism.

Al Sayegh added: 'The growth of Dubai into one of the leading global financial centres calls for its clear manifestation in the media world. With recent developments in Dubai's financial markets, the UAE has joined the big league of global centres, alongside New York, London and Tokyo.

'Since the media, especially a daily newspaper focusing on business and finance, will play a key role in channeling information on everyday developments regionally and globally, the launch of Emirates Business 24/7 will place the Arab Media Group one step ahead in accomplishing our overall strategy of creating a comprehensive media platform'

Leading the publication as Editor-in-Chief is Riyad Mickdady, a seasoned journalist with over 21 years experience. Mickdady will be responsible for accelerating AMG's continuous drive towards objective journalism, providing a realistic view of business from within and outside the region.

Mickdady said: 'Emirates Business 24/7 will be a must read for anyone seeking insights into the latest regional business and economic trends. We will profile industry and sector leaders who are driving the development of the region. We will also look beyond the headlines, and complement in-depth coverage of the key business stories with analysis, features and forecasts that will enable readers to understand fully the impact and importance of the news we are reporting.'

Assisting Mickdady will be Frank Kane as Editor and Mustafa Al Rawi as Managing Editor.