Qatar's United Development Company amends corporate rules

United Development Company, a Qatari public shareholding company and master developer of the Pearl-Qatar, amended its governance code and approved changing the percentage of non-Qatari ownership at a recent board meeting. The company passed an amendment of the Company’s Articles of Association and increased the percentage of non-Qatari ownership in the company. Read More »

Qatar Airways planning expansion in Australia, transpacific and South America markets

Qatar Airways Chief Officer Cargo Ulrich Ogiermann said Qatar Airways plans to become a significant force in the Australian, transpacific and South American markets at the Air Cargo China 2016 event in Shanghai. Qatar Airways is the third biggest international cargo carrier in the world. Adding the new markets to its portfolio will be a major step forward. Read More »

Most Qatar workers receiving pay under new wage protection system guidelines

Seven months since the implementation of a new salary payment system, most of the workers in Qatar now receive their salaries under the state’s Wage Protection System (WPS), according to Dr Issa Saad al-Juffali al-Nuaimi, minister for administrative development and labor and social affairs. The WPS requires companies to transfer pay electronically to employees’ bank accounts. Read More »

MIT Enterprise Forum Pan Arab launches contest to find solutions for refugee crisis

The MIT Enterprise Forum Pan Arab (MITEF Pan Arab), in a partnership that includes Kuwait based Zain Group, launched the Innovate for Refugees competition for solutions to problems facing refugees. The partnership also includes MBC Hope, the corporate social responsibility arm of Dubai's Middle East Broadcasting Center, and the United Nations High Commissioner For Refugees. Read More »

UAE Ministry of Interior, Khalifa University collaborating to promote innovation

UAE Deputy Prime Minister of Interior Sheikh Saif bin Zayed Al Nahyan recently signed a memorandum of understanding (MoU) with Khalifa University that will promote future collaboration and cooperation between the two organizations in the field of innovation. The university and ministry will work to share knowledge with each other through workshops, conferences and other events. Read More »

Jordanian ambassador, Council of Saudi Chambers hold economic relations talks

Secretary General of the Council of Saudi Chambers Omar Bahlaiwa recently met with Jordanian Ambassador to Saudi Arabia Jamal Al Shamayleh to discuss new approaches for improving the economic cooperation between the two countries. Al Shamalyeh emphasized that there have been positive outcomes from the discussions between King Abdullah II and King Salman. Read More »

Bahrain chamber, labor ministry committee looking ahead to Bahraini Women Day

The Ministry of Labor and Social Development sector of the Bahrain Chamber of Commerce and Industry met last week in Bait Tijar to discuss hosting an exhibition for local, productive families, as well as planning an event to celebrate Bahraini Women Day in December. The joint committee also used the meeting to invite residents to attend Gergaoon, a mid-Ramadan night's celebration. Read More »

Saudis relationship with U.S. will ‘continue to flourish,’ Saudi Foreign Minister says

Saudi Foreign Minister Adel bin Ahmed Al-Jubeir spoke on the strong ties and mutual efforts between the U.S. and Saudi Arabia during a news conference at the Saudi Embassy in Washington following President Barack Obama’s meeting with Deputy Crown Prince Mohammed bin Salman at the White House. During his first visit to the U.S., bin Salman also met with members of Congress. Read More »

Sustainable science and technology focus of Saudi minister trip to King Abdulaziz City for Science and Technology

Saudi Arabia Minister of Energy, Industry and Mineral Resources Khalid Al-Falih met recently with King Abdulaziz City for Science and Technology (KACST) President Turki bin Saud bin Mohammed Al Saud at KACST headquarters in Riyadh. Al Saud and several of KACST’s top ranking officials and researchers met with Al-Falih to review some of the most important research projects by KACST. Read More »

Board of beleaguered Mohammad Al-Mojil Group resigns

The entire board of Saudi construction services firm Mohammad Al-Mojil Group resigned Sunday. The board said its decision is, in part, due to concerns about the unlimited director and executive liabilities in Saudi Arabia. The resignations come shortly after a decision to fine the company after its chairman and his son were sentenced for misrepresenting the company's value.   Read More »

Cluttons names new head of Dubai real estate office

Murray Strang, head of Cluttons commercial investment and agency team in the United Arab Emirates, was recently chosen to lead the real estate consulting firm's Dubai business. Services provided by Cluttons include residential sales, residential and commercial investment and property and facilities management. Its consultancy offerings include lease advisory and project management. Read More »

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