UAE-based newspaper, 7DAYS has announced the closure of its newspaper and online news publication. The news brand will cease operations after 13 years of publishing in the UAE with its final print issue to be published on Thursday, December 22, 2016.
“Whilst it was our stated intention to re-focus and restructure the business for 2017 and beyond, it has since proved not possible to create an acceptable cost base that could deliver a viable and sustainable business,” says Mark Rix, CEO, 7DAYS. “It is therefore with great sadness that we announce the unique 7DAYS news brand will close and thus, cease to inform and entertain the UAE in its refreshing and inimitable way. I have only praise and admiration for the dedicated and talented team that have created such a popular media portfolio over the past 13 years and I wish each of them every future success and happiness.”