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May 05, 2012

Arab Spring proves expensive for news agency AFP

TheNational :: The French news agency Agence France-Presse (AFP) says it incurred "substantial additional costs" from covering the Arab Spring protests last year. AFP, which approved its financial statements for last year on Wednesday, said sales were €281.4 million last year, a slight increase on 2010. Its margins remained similar last year, despite the high costs of covering events in the Middle East and North Africa, AFP said.

Continue to read Ben Flanagan, www.thenational.ae

May 05, 2012 at 10:59 PM |

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