Bahrain welcomes Saudi Arabia-Russian Federation talks on oil industry

The Bahrain Ministry of Foreign Affairs said Bahrain welcomes the recent talks between Saudi Arabia and Russian Federation officials who met privately to discuss the oil industry during the recent Group of 20 (G20) meeting. Bahrain is pleased with the outcome of the consultations and commits itself to the agreement that will act as a strategic step in creating a balance in oil markets. Read More »

Egypt wrestling with soaring inflation

Headlines from Cairo suggest that Egypt's inflation is now at an eight year high, challenging a government that has already been looking at central bank action and has taken out a $12 billion loan from the International Monetary Fund. A Sept. 8 Reuters article shows inflation in Egypt at 15.5 percent, up from recent months and towering far below what most national economies handle. Read More »

Khalifa University's expanded campus to feature large fitness facility

Khalifa University's newly expanded campus will be featuring a four-story gymnasium, which will be one of the largest fitness facilities in the United Arab Emirates located in an academic institution. Managed by fitness professionals and personal trainers, the gym will have separate facilities for men and women and will feature cardiovascular and weight lighting equipment. Read More »

Two-bedroom apartments available in Doha

A two-bedroom apartment with maid's room is now available in the Zig Zag Tower in West Bay, Doha, for $591,854. The apartment, which offers gorgeous views of the West Bay Lagoon and the golf club, features a fully-equipped kitchen, built-in wardrobes and central air and heating. The two bedrooms have en suite bathrooms, and one of the bedrooms features floor-to-ceiling windows. Read More »

Qatar Airways, Vueling Airlines sign codeshare agreement

Qatar Airways has entered into a codeshare agreement with Barcelona-based Vueling Airlines that will provide passengers with more travel options to European destinations. Codeshare flights will be launched between the airlines' two common gateways of Barcelona and Rome and destinations across Europe including France, Germany, Italy, the Netherlands, Portugal and Spain. Read More »

Come home to Umm Salal Ali

A seven-bedroom villa in Umm Salal Ali, Qatar, is listed for $1.31 million. The 5,920-square-foot villa has three separate levels and an outdoor kitchen. On the ground floor, you'll find the living and dining areas and a majlis. There are also two bedrooms, each with their own bathroom. The first floor has a master bedroom with an en suite bathroom and three other bedrooms. Read More »

Mezzan Holding has a new group chief financial officer

Kuwait-based food and beverage company Mezzan Holding has named Fares Hammami as new group chief financial officer. Hammami served as the investment banking director at NBK Capital, the investment banking arm of National Bank of Kuwait, for the past decade. "Although Fares is a new member to the management team, he is no stranger to Mezzan Holding," Mezzan Holding CEO Garry Walsh said. Read More »

UAE Ministry of Finance hosts forum to celebrate Emirati Women’s Day

As part of the national celebration of Emirati Women’s Day, the UAE Ministry of Finance held a “Women and Innovation” forum at its Dubai office. The forum highlighted the Ministry of Finance's efforts to promote women’s empowerment concerns leading to the launch of a number of projects and programs to develop legislative and regulatory frameworks to support women in business. Read More »

Khalifa University launching international robotics challenge

Khalifa University is organizing the first Mohamed Bin Zayed International Robotics Challenge which include top universities and organizations from around the world. "The challenge aims at taking the advanced science and technology to new levels in order to push forward the innovation to new horizons," Khalifa University Executive Vice President Arif Al Hammadi said. Read More »

GE 2016 Global Innovation Barometer reveals expanding innovation ecosystem in Saudi Arabia

The GE 2016 Global Innovation Barometer from Saudi Arabia unraveled the emerging and vibrant innovation ecosystem in the kingdom that is significantly contributing to the economic growth and diversification of the country’s economy. The research covered about 200 C-level business executives and informed members of the public who have a presence in the innovation ecosystem. Read More »

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