Qatar Development Bank offers training, support for small business

As part of its advanced training program, Qatar Development Bank held a three-day event for 30 entrepreneurs aiming to improve their industrial productivity.The training provided details about the latest strategies and applications to raise efficiency. Experts gave a detailed explanation about support available to help entrepreneurs either launch or improve their projects. Read More »

Muslim travel industry projected to grow to $200 billion by 2020

The Muslim population is rapidly increasing, and is expected to grow to 26.5 percent of the global population by 2030. This population segment offers one of the fastest-growing economies in the world. Gulf News Journal spoke with Anas Kasak, chief marketing officer at CrescentRating, to find out more about the Muslim travel industry and its potential for the Gulf region. Read More »

Three-bedroom apartment available in The Wave Muscat

A unique corner apartment is available on the ground floor of the Almeria North building in the complex known as The Wave Muscat. The 2,152-square-foot apartment offers three bedrooms with ensuite bathrooms and built-in wardrobes. The master suite includes a walk-in closet and bathroom, separate shower and double vanity unit. A bidet and water closet are also featured. Read More »

One-bedroom apartment available in Lakeside Tower D

An opportunity to live in Dubai’s International Media Production Zone is here. Engel and Voelkers has listed a vacant one-bedroom, two-bath apartment on a lower level of Tower D. This 676-square-foot apartment is situated on a lower level and is available for just $182,413. Large windows bring in lots of light, while an extremely open floor plan allows for easy movement. Read More »

Dominovas Energy, Al-Rushaid Technologies enter strategic alliance

Dominovas Energy Corp. has signed a memorandum of understanding with Al-Rushaid Technologies to pursue common business interests, strategies and approaches for establishing a profitable working relationship concerning their collective business mandates. Opportunities initially identified by the companies to develop include power companies, oil companies and vehicle financing. Read More »

Sotheby's International Realty to expand luxury brand presence in the Middle East

Sotheby's International Realty Affiliates LLC announced Tuesday its plans for the brand's expansion into five additional Gulf countries, complementing its existing presence in the United Arab Emirates. Within the next year, the brand's affiliate brokerage in the region, Gulf Sotheby's International Realty, is expected to enter Bahrain, Kuwait, Oman, Qatar and Saudi Arabia. Read More »

Dubai Islamic Economy Development Center finalizes plans for Islamic economy portal

The board of directors of the Dubai Islamic Economy Development Center (DIEDC) plans to launch a digital Islamic economy portal, which is a first-of-its-kind initiative for the Islamic economy: the portal is being designed to serve as a global reference for the burgeoning Shariah-compliant economic sector; the center plans to develop the portal with Thomson Reuters. Read More »

Omani banks come together to finance Muscat tourism project

Saraya Bandar Jissah, the company developing Oman`s luxurious Integrated Tourism Complex in Muscat, is teaming with Bank Muscat and BankDhofar to finance building the ITC property. The $275 million deal is one of Oman's largest real estate transactions in recent years. Under the terms, funding for the first phase of the ITC development will be financed to Saraya Bandar Jissah. Read More »

Dubai’s Nakheel and UK’s Premier Inn sign deal for a new Dragon City hotel

Nakheel, the Dubai-based master developer, signed a second management agreement with UK-based Premier Inn for a 250- room hotel at the Dragon City mixed-use master development on Sept. 10. The Premier Inn-managed hotel, which will be one of two hotels at Dragon City, is expected to open in 2018. Nakheel is planning nine hotels across Dubai over the next five years. Read More »

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