Yahoo to close Dubai office

Internet giant to complete Middle East withdrawal in April 2016

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Yahoo to close Dubai office Yahoo opened the Dubai office in 2009, when it bought over online portal Maktoob. (Getty Images)
By  Manda Banda Published  December 17, 2015

Internet firm Yahoo is set to close its Dubai office in April to complete its withdrawal from the region.

The company shut down its Cairo and Amman offices in the past few years and had been using Dubai as its Middle East headquarters.

Yahoo opened the Dubai office in 2009, when it bought over the online portal Maktoob.

A spokesman for Yahoo said: "We informed our Dubai-based employees that we've made the difficult decision to close the office by the end of April as a part of Yahoo's effort to streamline our business and set the company up for long-term growth.

"We are incredibly grateful for our employees' hard work and contributions. We will continue to provide our suite of consumer services in Arabic and English and our advertising inventory through Yahoo marketplaces and other advertising exchanges."

Worldwide Yahoo had 724m visitors last year, compared to Google's figure of 1.2bn, according to internet analytics firm ComScore.

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