Following the recent announcement that well-established Saudi-Arabian news channel, Al-Arab has ceased operations, another channel in the region has been on the brink of closure leading to a change of ownership. Dubai-based English language television channel, City 7 TV formerly part of BinHendi Enterprises, will now operate under the umbrella of WeTel-TV, a TV platform for global educational news and current affairs. The new acquisition will be headed by President and Editor-in-Chief of WeTel-TV, Adil Matin and will also see City 7 TV continue operations, but as a new educational TV in the UAE.
Saudi Arabian-based news channel, Al-Arab has announced the closure of its news channel after two years of operation. Launched in 2015 by Al-Waleed Bin Talal, Al-Arab will cease operations with immediate effect after being shut down from its headquarters in Bahrain.