Martin Newland is giving up the editorship of The National, the daily paper based in Abu Dhabi that he launched in April last year.
He is to take up a new role as editorial director for the paper's publishers, the Mubadala investment company, which is owned by the Abu Dhabi government and its royal family.
His deputy, Hassan Fattah, a former New York Times reporter, is to replace him in the editor's chair.
A source within the paper said: "It was always understood that Martin would move on quite soon after launch. There is nothing sinister in the decision."
Newland is quoted in today's issue of The National as saying: "I've done this for a long time, paid my dues editing, and have always been intrigued by the more business side of things. It's what I'd like to get under my belt and move into before I hit 50." [He is 47]
Mohammed Khalaf Al Mazrouei, the publishers' chairman, said: "We are delighted that Martin will now focus his efforts on the next phase of brand expansion across our digital and broadcast spaces, enabling us to pioneer a new era of regionally relevant, on-demand content to reveal the multiple platform approach of global news brands."
There has been previous speculation that Newland was not as compliant over editorial content as the UAE authorities would have wished. My source counters: "There are plenty of journalists here who think he has been too compliant."
In fact, Newland has been walking a tightrope throughout his editorship because the UAE is unused to the kind of press freedom enjoyed in western countries. Its National Media Council, though masquerading as a progressive supporter of press freedom, is largely viewed as a censorship body.
I wrote in June last year about the way in which Newland's paper was making waves. I also wrote recently about complaints by foreign journalists working in Dubai.
Before The National was launched, Newland recruited a staff of 200 from papers around the world, including the Daily Telegraph, the paper that he edited for almost two years until 2005.
Newland was embarrassed in March this year when the salaries of The National's entire journalistic staff were leaked on to the web. It suggested that he was being paid £320,000 a year, tax-free.
Sources: AP/Forbes/The National/personal emails