CNBC, a global business and financial news network, has unveiled plans for a Middle East headquarters in Abu Dhabi, UAE.

The network will begin broadcasting from a new studio at Abu Dhabi Global Market (ADGM), the international financial centre of Abu Dhabi, in the first quarter of 2018, according to news reports.

The network plans to anchor one of its daily global business news programmes from its new Abu Dhabi base at ADGM, while establishing a stronger editorial presence across the region. Expansion of both the CNBC feature franchise ‘Access Middle East’ and the network’s regional event coverage are also planned as per news reports.