Al Jazeera to license NYT content for new Arabic-language platform

Al Jazeera is creating an editorial platform for business news called "Reyada" that will include licensed business content from the New York Times.

Why it matters: The platform is meant to serve as a hub for reporting on the Middle East's economic diversification, according to a statement announcing the partnership.

Details: The product will combine Al Jazeera's original coverage with a selection of reporting licensed from the New York Times, per the statement.

• The licensed content will focus on economics, finance and entrepreneurship.
• The content will run alongside Al Jazeera’s business coverage across Al Jazeera’s Arabic-language digital properties and will feature an array of formats including articles, videos and photos.
• Reyada will be run from Al Jazeera's offices in Washington, D.C., and Doha, Qatar.

What they're saying: "We are thrilled to collaborate with The New York Times, an organisation that possesses such high journalistic integrity and a well-earned legacy, to support the launch and coverage of Reyada,” said Yaser Bishr, executive director of digital for Al Jazeera Media Network.

• “We are delighted to participate in Reyada and look forward to providing the in-depth, impactful journalism of The New York Times to Al Jazeera’s business audience the world over,” said Michael Greenspon, the global head of NYT licensing and print innovation, in a statement.