London/Manama – CNBC announced at the Bahrain Grand Prix that it will create a regional editorial hub in Bahrain to cover the Middle East. The facility is expected to be operational in the second quarter of the year. The hub will coordinate and produce business and financial newsgathering from the Middle East, with a studio and production facility linked to CNBC’s global network. CNBC is in the process of recruiting an on-air presenter, reporters and production staff in the region. The hub will contribute to CNBC’s pan-regional programme Capital Connection, which will become tri-anchored live from London, Bahrain and Singapore, four days a week. The show’s remit will be to help global viewers understand the impact of market movements across European, Asian and Middle Eastern borders – on their portfolios, investment strategies and business decisions. The new Capital Connection will broadcast from London, Bahrain and Singapore Monday to Thursdays airing between 06.00 – 07.00 (CET); 08.00 – 09.00 (AST); 12.00 – 13.00 (HK/Sing) and on Fridays will be co-anchored from London and Singapore. The new programme’s launch date will be announced in due course.