Qatar to host energy, sustainability summit for Gulf nations

Qatar has been chosen to host the Clean Energy & Sustainability Summit in November, sponsored by the Gulf Organization for Industrial Consulting, in association with the Abdullah Bin Hamad Al-Attiyah Foundation for Energy and Sustainable Development, a Qatar-based think tank dedicated to curbing the rise in energy consumption. The convention will be held Nov. 14-15 in Doha. Read More »

Saudi Arabia's Chemsbro signs distribution deal for water treatment product

Saudi Arabian specialty chemical consultant and provider Chemsbro signed an agreement with PWT, a subsidiary of H2O Innovation, for the distribution of its SpectraGuard antiscalant product. Chemsbro supplies will be utilized by seawater desalination facilities. "Chemsbro is delighted to establish a unique relationship with PWT,” Chemsbro CEO Nizar Kammourie said. Read More »

Coral Muscat Hotel and Apartments celebrates its opening in Oman

Coral Muscat Hotel and Apartments, owned by Mustafa Sultan Enterprises, recently celebrated its official opening in Qurum during a ceremony that included Oman’s leading dignitaries and business executives. “We are truly proud to announce the opening of Coral Muscat Hotel and  Apartments,” Mustafa Sultan Enterprises Managing Director Abdulredha Mustafa Sultan said. Read More »

Impact Estate, Impact Interiors displays dazzle at Bahrain exhibition

Bahrain's Impact Estate and Impact Interiors displayed a rich selection of furniture and accessories complementing the firms’ distinctive architecture at the 2016 Gulf Property Show at Bahrain’s International Exhibition and Convention Center. "We are excited to offer new projects in the best district of Bahrain to our clients,” Impact Estate General Manager Oksana A.K. said. Read More »

Survey finds Qataris spend more on luxury than rest of region

 A recent study by American Express Middle East involving five Gulf Cooperation Council countries found that residents of Qatar spend approximately $4,000 a month, or about 12 percent of their average household income, on luxury items.The findings indicate Qataris spend more money on luxury goods than the rest of the region. The survey was conducted by Gfk.  Read More »

Islamic Corporation for the Development of the Private Sector adds to sukuk listings

Islamic Corporation for the Development of the Private Sector (ICD) CEO Khaled Al Aboodi marked the listing of a $300 million sukuk on the Nasdaq Dubai by ringing the opening bell for the market on April 25. ICD functions as the private branch for Islamic Development Bank (IDB) Group, which currently holds seven additional sukuk worth approximately $8.05 billion. Read More »

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