Yahoo Middle East Company announced plans to close its office located in the city of Dubai in the United Arab Emirates in the next year, leaving up to 50 employees without jobs, the company had informed its trading partners ordered the closure of the office.
She pointed to the US Yahoo Inc. that it will close its office located in Dubai Internet City in by April 2016, after the presence lasted about six years, in an attempt to simplify the company's multinational operations
The company has opened its office in 2009, at which time it acquired in exchange for $ 164 million, in writing dot com Maktoob.com, which was the largest social network in the Arab region and have 19 million users.
The company announced in January for reducing the number of employees in the UAE office by half, Yahoo said in the wake of the reduction as determined to keep open the Dubai office.
Yahoo has been closed by its offices in the Middle East, which was found in the Jordanian capital of Amman and the Egyptian capital Cairo, the company has 400 employees in the Arab region, as well as 65 million users.
The decision comes with the passage of the company experienced difficult times with her own business selling digital ads on the Internet and advertising-related searches on the Internet, which is also suffering from low prices and the direction of marketers to choose phones.
A spokesman for Yahoo "Today we informed our employees in the Dubai office we have taken this difficult decision to close the office by the end of April, as part of Yahoo's effort to streamline its business."
The spokesman added: "We are extremely grateful to our employees for doing their job to the fullest and contributions in the face of difficulties, and the company will continue to offer a range of consumer services in Arabic and English."
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