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Financial crisis to impact smaller publishing firms
- United Arab Emirates: Tuesday, November 25 - 2008 at 08:40
Chairman of the DCCI Printing and Publishing Group Ahmad Bin Al Shaikh said the regional media sector can expect job losses and the closing of smaller print and publishing outfits as it begins to feel the pinch of the worldwide financial meltdown in the next few months, reported Gulf News. He described the coming repercussions of the crisis as a 'clean-up', in which the sector purges itself of 'non-professional', smaller printing and publishing companies.
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Jeff Florian, Senior ReporterTuesday, November 25 - 2008 at 08:40 UAE local time (GMT+4)
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