Using Statistics in Business and Financial News in the Arabian Gulf: Between Normative Journalistic Professional Aspirations and ‘Real’ Practice

Abstract

In this article, we consider the use of statistics in financial and business journalism in the Arabian Gulf, an area which remains under-researched. In doing so, we explore how reporters in two countriesthe Kingdom of Saudi Arabia (KSA) and United Arab Emirates (UAE)engage with, and use, statistics and numbers to articulate business and financial news as we assess how this reflects upon professional practice. Our study is based on empirical research in these two countries, which was carried out by triangulating content analysis and semi-structured interviews with journalists. Our data suggests that, journalists tend to use valid statistics, rely on reliable statistical sources and provide a degree of interpretation of the statistical data they present. However, as we also argue, when engaging with statistics, most of these journalists seem mainly 'to be ticking the boxes of professionalism' rather than using them to achieve a high level of journalistic professionalism and autonomy. In other words, they aspire to follow the procedures set by the canons of professionalisation but without really exercising critical scrutiny of the subject in a way that would achieve a high level of professionalism while pushing the boundaries around them. We attribute this to external causes, such as the context in which they operate, but also to internal elements such as the lack of training.

Path to Improve the Professional Quality of Students Majoring in Financial News: Micro Evidence from 300 Questionnaires from Three Universities

“…This model is prevalent in financial universities. It is worth acknowledging that these financial universities have taken advantage of their economic and management disciplines to set up financial journalism majors, providing critical support for cultivating professional talents in financial news media (Alaqil & Lugo-Ocando, 2023).…”