EQUATE Petrochemical Company, which sponsored Kuwait Oil & Gas Summit 2016, said further development in connection with other regions is needed to take advantage of the Middle East’s 40 percent share of global gas reserves. The summit boasts participation from Kuwait Petroleum Corporation as well as other international oil, gas, petrochemical, scientific and academic entities. Read More »

Plans to launch the College for Business and Entrepreneurship at King Abdullah Economic City (KAEC), a flagship program aimed at raising the bar for prospective Saudi Arabian business leaders, were announced last week in Riyadh. The College for Business and Entrepreneurship is the brainchild of Babson Global, Lockheed Martin, the Saudi Arabia Economic Offset Program and KAEC. Read More »

Abdulhakeem Al Shemeri, a member of the Bahrain Chamber of Commerce and Industry (BCCI) Executive Committee who heads the Bahraini-Saudi Joint Business Council, and Hasan Kamal, who heads the BCCI's real estate committee, recently discussed sending a delegation from Bahrain’s real estate sector to Saudi Arabia in an effort to stimulate business transactions between the countries. Read More »

Leminar Air Conditioning Company WLL of Kuwait, a distributor of HVAC and plumbing products, has signed a distribution agreement with Georg Fischer Piping Systems of Switzerland to distribute its piping systems in Kuwait. The agreement will expand the portfolio of international brands for Leminar while providing Georg Fischer with Leminar's comprehensive distribution network. Read More »

Australia Ambassador to Saudi Arabia Ralph Peter King recently met with Council of Saudi Chambers (CSC) Chairperson Abdulrahman Al Zamil to discuss potential trade development between the two nations. Increased mutual economic development appears feasible in the near future as the two officials discussed strategies for joint ventures and potential partnerships. Read More »

Bahrain's Tamkeen and the U.K.'s Mowgli Foundation have teamed up to launch an entrepreneurial mentoring program for Bahraini entrepreneurs. A workshop, already underway, marks the beginning of the program. The mentoring relationships formed will provide entrepreneurs with mentors for an entire year, giving them better chances of succeeding in their entrepreneurial endeavors. Read More »

The Dubai Chamber of Commerce and Industry claimed the Best Result for the Customer Satisfaction award and the Innovative Idea award at the 19th session of the Dubai Government Excellence Program at the Dubai World Trade Center. The Dubai chamber was first in Customer Satisfaction, with a score of 95.9 percent, the highest score ever recorded in the category. Read More »

Located in Dubai's sought-after Springs 2 residential development, near the Springs Town Centre, this stunning villa boasts a spacious floor plan with 1,690 square feet of living space and stylish upgrades throughout. The villa has an open floor plan on the ground floor that includes a sizable family room, a private study and an open gourmet kitchen. Read More »

The Dubai International Arbitration Centre (DIAC), an initiative of the Dubai Chamber of Commerce and Industry, recently sponsored a seminar titled “The Role of Arbitration in Settling Disputes” for Kuwaiti lawyers at Dubai’s Millennium Plaza Hotel. The training session emphasized commercial arbitration on a global scale and its impact on resolving trade disagreements. Read More »

The Arab Petroleum Investments Corporation (APICORP) said Tuesday that it has acquired a controlling interest in Ashtead Technology, a global provider of underwater equipment and services to the offshore oil and gas industry. APICORP, which made the transaction in collaboration with Buckthorn Partners, said the acquisition aligns with its diversification objectives Read More »

Four Seasons Hotel and Resorts recently named Todd Cilano as its new regional vice president and general manager to oversee the Four Seasons Hotel Doha and supervise operations in Mauritius, Seychelles and Johannesburg and the Serengeti Lodge in Tanzania. Cilano previously was regional vice president and general manager of Four Seasons Resort Mauritius. Read More »

In a major step to develop programs for the protection of intellectual property and consumer rights in the UAE, Souq.com recently signed a memorandum of understanding (MOU) with the Commercial Compliance & Consumer Protection (CCCP) sector in the Department of Economic Development (DED) in Dubai. Read More »

Ericsson hosted the first LTE Towards 5G Forum for the Public Sector last week in Doha where the telecommunications company highlighted how advanced technology can address the critical and diverse needs of the public sector in Qatar. The forum was a networking platform for the various participants, which included Qatar Rail, Ministry of Interior and the Qatar Foundation. Read More »

As a handful of American universities and colleges continue to operate branches in Qatar, some are now asking if American institutions are educating extremists. Justin Pulliam, a Texas A&M graduate, has called for the immediate closing of the Texas A&M branch in Qatar. Pulliam is concerned his university is educating radical extremists. Read More »

Waseela, a global information and communication technology (ICT) company headquartered in Amman, Jordan, said it recently completed a long-term network management job for Samsung in Saudi Arabia, a project that was five years in the making and covered over 2,000 sites. The company’s premier large-scale contract, the WiMAX/LTE project, wrapped up on schedule. Read More »

Ithmaar Bank said it has added an automated teller machine (ATM) to the roundabout in Hamad Town next to Kanoo Mosque, bringing the total number of the Bahrain-based Islamic retail bank's  ATMs to 47 in Bahrain. The newest ATM added by Ithmaar Bank is the third one in Hamad Town. It was installed to meet customer demand. Read More »

To mark the 10th anniversary of the U.S.-Bahrain Free Trade Agreement (FTA), Bahraini leaders held a celebration event called “10 Years of FTA, Lessons Learnt & the Way Ahead” hosted by the Enterprise Initiative Center of the Bahrain Chamber of Commerce and Industry (BCCI) in collaboration with the U.S. embassy in Bahrain. The event focused on the benefits offered through the FTA. Read More »

Oman’s Tourism Ministry and the Oman Convention and Exhibition Centre (OCEC) of Muscat announced the planned openings in August of a new center and a convention bureau. "Oman is quickly gaining a reputation as one of the world's most exciting meeting, convention and exhibition destinations with the catalyst being ... the OCEC,” Ministry of Tourism Undersecretary Maitha Al Mahrouqi said. Read More »

Medcare has opened its first clinic in Sharjah, the first clinic of its kind in the area. Medcare, the primary care provider of Aster DM Healthcare, said the clinic's opening will provide employment opportunities for health care professionals as well as giving residents another source of medical care. The state-of-the-art clinic is at the Al Jawhar Building on Al Taawun Street. Read More »

Smart Real Estate has listed a new villa in Zallaq for $1.06 million. The villa is furnished with new appliances and fixtures and has an open feel to it. Large windows draw in lots of light and the bedrooms are large. With 24/7 security, a private swimming pool and internet connection, this is the perfect place for a family to call home. Read More »