Make your home at Porto Arabia

Pearl Homes Real Estate has listed a large apartment in Porto Arabia’s Tower 31 at The Pearl for $1 million. The two-bedroom, three-bathroom apartment offers more than 2,000 square feet of living space, including a large balcony with full view of the marina. The modern-style kitchen is fully outfitted and includes a pass through window and cabinets around the room. Read More »

What You Can Buy

This spacious apartment is located in Palm Jumeirah's sought-after Shoreline Apartments development and boasts a fabulous floor plan with 2,260 square feet of living space and stunning sea and city views. The apartment has a generously sized combination living and dining room and an open kitchen with striking countertops, handsome cabinetry and tasteful appliances. Read More »

Properties available in Jumeirah Lake Towers, Queue Point and Dubai Sports City

Posto Bello Real Estate has listed a one-bedroom apartment in Lake City Tower at Jumeirah Lake Towers for $340,335. The 900-square-foot apartment is furnished and includes a large balcony with a view. It is located on a high floor of the building and presents an amazing lake view. Shared amenities include a state of the art health club, rooftop cafe and covered parking. Read More »

Adviser aids financing for Oman's Barka water project

Chadbourne & Parke LLC acted as an adviser on the financing related to Barka Independent Water Project in Oman. The group sponsoring the project includes GDF SUEZ, ITOCHU Corporation, Engie Energy International and W.J. Towell & Co. LLC. The project is being developed on a build-own-operate structure in accord with a water purchase agreement with the Oman Power and Water Procurement Company. Read More »

Kuwait Economic Society sponsors economic diversification forum

The Kuwait Economic Society presented updates on the emirate’s developing role in the global economy with industry speakers and several roundtables at its recent eighth Scientific Forum in Kuwait City. Kuwait Economic Society Chairman Faisal Al-Bader detailed the significance of the forum and its potential role in diagnosing the glitches of economic imbalancein the emirate. Read More »

Fitch Ratings deems Saudi bank secure during draft review

Fitch Ratings recently pronounced Saudi Arabia’s banks relatively safe from harm while the kingdom’s Draft Law on the Resolution of Financial Institutions undergoes a standard review. “The Saudi Arabian Monetary Agency, which supervises the banks, has a strong tradition of supporting the banking sector and, to date, no depositors or creditors of banks have lost money,” Fitch said. Read More »

Oman to expand, enhance transportation infrastructure

Oman Transport and Communications Minister Ahmed bin Mohammed bin Salim Al Futaisi said Omani leaders have launched plans to expand the country’s transportation infrastructure to bolster non-oil-based trade activity. Al Futaisi said Oman’s seaside ports, road systems and aviation channels stand to improve measurably with “billions of rials” invested into the respective modes. Read More »

Abu Dhabi aims for ‘culture of excellence’ with institutional work development forum

To encourage partnership among different Abu Dhabi government organizations, the Abu Dhabi police force coordinated a workshop recently for the Abu Dhabi Excellence Program at the Executive Council of Abu Dhabi in Al Buteen. The forum served as a stepping-stone for dissemination of knowledge, skills and resources between 27 different factions of the government.  Read More »

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