Circulation will begin with 85,000 copies, but the Abu Dhabi-based National Publisher plans to expand to other markets.

“With the UAE emerging as the commercial and financial hub of the Gulf, there is a growing demand among the country's business community for in-depth market news and analysis that transcends daily newspaper reportage,” said Georges Chehwane, CEO of Group Plus, which has been hired to represent the publication.

“As the UAE's first Arabic weekly financial newspaper, Al Mal will seek to cater to the information needs of this reader segment and provide the country's development stakeholders with a comprehensive perspective on trends and developments in the financial market,” he said, according to AME Info.

Al Mal's official launch date was June 23.