DIT Group, publishers of Forbes Arabia shuts down operations!

More scary recession news, publishing house DIT Group announced the termination of its operations, not a magazine or two, the whole thing is going down, According to a statement by the acting general manager of the group, low advertising sales were not wholly to blame for the firm’s closure and hinted the move was part of a wider shake-up at DIT’s parent firm Dabbagh Group.

40 employees lost their job, and still waiting for the compensation, but will it really compensate them?