Under the pressure of historically low oil prices, Gulf countries are turning to the bond market and borrowing to keep deficits under control. A Morningstar report, and other financial releases, shows the extent of borrowing by countries such as Oman, Saudi Arabia and Qatar as officials in those countries weigh the long-term impact of cheaper oil. Read More »

A new villa in Azaiba, Muscat, is being listed by Engel and Volkers for $780,437. The ground floor of this gorgeous, luxurious villa features a large majlis, a dining room and a fully outfitted kitchen, complete with high-end appliances and finishes. The kitchen also has an abundance of cabinets for storing household necessities. Read More »

As practicing Muslims ended the Ramadan holiday at Eid al-Fitr, communities around the world enjoyed feast days and celebrations and started the process of getting things back to normal after the fast season. At the same time, the emirate of Ras al-Khaimah (RAK) saw amazing growth in visitor traffic and hospitality demand during Eid al-Fitr. Read More »

The United Arab Emirates Telecommunications Regulatory Authority (TRA) recently announced academic membership in the International Telecommunication Union (ITU) for Ajman University of Science and Technology (AUST). ITU is a specialized agency of the United Nations that focuses on information and communication technology issues. Read More »

Bahrain Institute for Public Administration (BIPA) Director-General Raed Mohammed Bin Shams recently announced endeavors to help Bahraini women develop tools to grow into positions of leadership, a strategy that falls in line with the goals of the Reform Plan of His Majesty King Hamad bin Isa Al-Khalifa of Bahrain. Read More »

McDermott International Inc. (MDR) and Nakilat-Keppel Offshore Marine (N-KOM) said they have an exclusive cooperation agreement to pursue offshore engineering, procurement, construction and installation projects within Qatari waters. The agreement calls for collaboration on projects that utilize McDermott’s experience in offshore projects and N-KOM’s ship repair facility in Qatar. Read More »

Hill International has been awarded a contract from Health Assurance Hospitals Company (Dhaman) to provide project and construction management services for two new hospitals being built in Kuwait. The three year contract is worth approximately $13.1 million.Each hospital, to be built in Al Ahmadi and Al Jahra,  will have 300 beds, staff accommodation buildings and parking facilities. Read More »

Finding a job can be hard all over the world - now, a leading advertising company in the UAE has created an online platform that can make life a lot easier for job applicants in that nation. With dubizzle’s new applicant dashboard, those who are applying for jobs can monitor their efforts and stay more knowledgeable about how their resumes and cover letters have been received. Read More »

Qatar has come under fire with criticism from human rights groups about its labor laws in general and the policies of the national Qatar Airways airline in particular. Documents released from the U.N. International Labor Organization (ILO) are telling the story in a bit of a more detailed way. A document released earlier this year analyzes the behaviors of the Qatar government. Read More »

Tregoning Property has listed a three-bedroom, three-bathroom villa in the Al Manara area of Dubai for $2.45 million. The 15,000-square-foot villa has built-in wardrobes in the bedrooms. There is covered parking, a private garden and a view of the water. Pets are allowed in this gorgeous property. Residents will appreciate the walk-in closet in the master bedroom. Read More »

In association with the Dubai Chamber of Commerce and Industry Sustainability Network, Dulsco, a leading provider of human resource solutions and waste management services in the UAE, recently organized the Open Source Circular Economy Days forum. Dubai took the opportunity to host the forum, becoming the only city in the Middle East to be part of OSCE Days among 70 other global cities. Read More »

Deputy Ruler of Dubai and Dubai International Financial Center (DIFC) President Maktoum bin Mohammed recently chaired an official meeting of the higher board of directors of the DIFC, the financial hub for the Middle East, Africa and south Asia. Read More »

The Saudi Electric Company (SEC) offers customers tips along with methods and techniques for optimal use of electricity through its company website and Alkahraba application on social media.  Read More »

Kuwait Qatar Insurance Company recently announced the launch of Insurance-On-Call, a new service from its retail arm, QIC Insured.  Read More »

Abu Dhabi National Exhibitions Company has announced the launch of the annual Internal Excellence Awards, part of its strategy to promote healthy competition, elevating department excellence and improving overall organizational efficiency. Read More »

King Faisal Specialist Hospital & Research Center in Riyadh recently announced that a research team has succeeded in identifying 35 new genes related to children’s mental disorders. Read More »

The Dubai Islamic Economy Development Center and Dubai Chamber of Commerce and Industry have announced that the third Global Islamic Economy Summit (GIES) will take place Oct. 11-12, with Thomson Reuters acting as strategic partner.  Read More »

Qatar Petroleum has announced that, as part of its strategy to concentrate on its core business in the oil and gas industry, it will hand over operations of some of its areas in the Mesaieed Industrial City to the Economic Zones Company, Manateq. Read More »

The Saudi Electric Company (SEC) recently announced a direct commercial financing agreement worth $1.5 billion for industry and commerce. Read More »

Qatar Airways showed the world two new luxury aircraft from its Qatar Executive fleet at the Farnborough International Airshow in the United Kingdom last month. Read More »