Indian water infrastructure company Electrosteel Castings has set up a warehouse in Bahrain. The $6.6 million facility will serve as a regional hub for sales and distribution activities related to water projects in northern Middle East markets. Electrosteel, which produces ductile iron pipes and ancillary products, received support from the Bahrain Economic Development Board. Read More »

Research and publishing firm The Business Year (TBY) recently appointed Betul Cakaloglu as the new managing director for its Middle East operations. She will be tasked with overseeing its operations in Abu Dhabi, Dubai, Kuwait, Oman, Saudi Arabia, Sharjah and Qatar. This includes managing TBY's government and partner relations, as well as expanding its coverage of the region. Read More »

Ohood Al Roumi, director general of the UAE prime minister’s office, welcomed the participation of the Dubai Chamber of Commerce and Industry at this week's fourth World Government Summit. Al Roumi acknowledged that the chamber characterizes the solid relationship between the public and private and that the chamber backs the UAE as an international epicenter for trade and finance. Read More »

A one-bedroom apartment in the Azizi Residences at Al Furjan offers 820 square feet of living space, a study, a balcony with unique views, central air and a private garden. We Buy Your Property has listed the apartment for $225,703. Residents will enjoy the fact that this building is networked and that pets are allowed. There also is a shared pool and covered parking. Read More »

Located in Dubai's sought-after The Lofts development, this stunning duplex apartment boasts a spacious open floor plan with 1,413 square feet of living space, stylish architectural details and contemporary furnishings. The apartment features a large balcony, spacious living and dining areas and a tasteful modern kitchen with plentiful counter and cabinet storage space. Read More »

With the United Arab Emirates' (UAE) declaring 2016 as the "Year of Reading," Zayed University recently signed an agreement with Diglossia meant to strengthen its ongoing commitment to student success. Read More »

Oman-based telecommunications operator Omantel recently unveiled a new Internet protocol-based home broadcast service called Omantel TV+. The service will initially be available in areas that already offer fiber-optic coverage. Subscribers will be able to access more than 450 television channels from around the world, more than 1,100 movies and more than 3,500 TV series. Read More »

Kuwait-based Boubyan Bank said it will soon provide contactless payment cards to its customers through a deal with Oberthur Technologies, a provider of embedded security software products, services and solutions for connection, authentication and payment purposes. The contactless payment cards will give bank customers a secure, quicker and more convenient shopping experience. Read More »

PA Resources AB agreed to sell its North Sea assets to Oman-based Petrogas E&P. The assets, which make up 24 percent of PA Resources’ interest in license 12/06 based in Denmark, include the company’s exploration licenses for the UK, the Netherlands and Germany and the Broder Tuck and Lille John discoveries. The transaction is estimated to officially close in the first quarter. Read More »

Elian, which specializes in corporate and fund services and international finance, recently agreed to purchase SFM Europe, a top supplier of corporate services that has trillions of dollars worth of assets. The move will significantly broaden Elian’s basis in Europe. In addition, Bahrain's Two Seas Trust has rebranded itself as Elian Middle East. Read More »

Saudi Foreign Minister Adel bin Ahmed Al-Jubeir and U.S. Secretary of State John Kerry met recently in Washington to talk about regional issues involving Syria’s conflict, the military coalition led by Saudi Arabia in Yemen and joint counterterrorism work. Al-Jubeir emphasized that Saudi Arabia is a leader for security, peace and stability in the area. Read More »

The Qatar Ministry of Finance recently chose to initiate a new website to improve market transparency by announcing all of the future tenders that are part of the government. Links Group, one of the top suppliers of commercial facilitation and advisory services to Qatar, said the website will also assist with the public procurement process. The website will be operational in June. Read More »

The desire to enhance the tactical relationship between the American University of Sharjah and the UAE Ministry of Environment and Water led to the two parties signing a memorandum of understanding. Ministry Underecretary Abdulrahman Al Hamadi and AUS Chancellor Bjorn Kjerfve signed the memorandum with hopes of building a plan to promote environmental consciousness among students. Read More »

The Iran nuclear deal and overall improved ties with the Western world has caused many nations in the Middle East -- including Qatar -- to re-evaluate their relationships with other countries in the conflict-ridden region. David Weinberg, senior fellow for the Foundation for Defense of Democracies, recently discussed Qatar and Iran's complicated relationship with the Gulf News Journal. Read More »

Turkish Prime Minister Ahmet Davutoglu recently encouraged a group of Saudi business leaders to consider opportunities to enhance trade and economic collaboration between the two countries. Davutoglu noted Saudi’s position as an important trade partner to Turkey in addition to the cultural ties that bind the two countries as reasons to strengthen economic cooperation. Read More »

A studio apartment in the Binghatti Views area of Dubai Silicon Oasis is being listed by Crystal Palace Real Estate for $115,706. The apartment offers 465 square feet of living space and will be available in August. The apartment features a balcony with a view of the water, built in wardrobes and a walk-in closet. Residents can enjoy shared amenities that include a spa and pool. Read More »

Interactive workshops to ignite interest and encourage technical solutions in drones and robotics among university students in the United Arab Emirates were organized by The Assembly, a Dubai-based smart lab initiative, and held during the UAE Drones for Good Award and UAE AI & Robotics Award for Good events Feb. 4-6 at Dubai Internet City. Read More »

Organizers of IHS Energy CERAWeek said Saudi Arabian Minister of Petroleum and Mineral Resources Ali bin Ibrahim Al-Naimi will deliver a special address on oil at the gathering in late February in the U.S. Al-Naimi is expected to address the instability during a period of low oil prices. CERAWeek is considered a top forum that sheds light on the future of energy. Read More »

Elaf Group is highly optimistic about the growth in Saudi Arabia's hospitality sector. “The Saudi Commission for Tourism and Antiquities has an ambitious strategy to host 45.3 million tourists each year by 2020,” Elaf Group CEO Ziyad Bin Mahfouz told Gulf News Journal. “This, in my opinion, is one of the major reasons to be optimistic for the KSA’s hospitality sector." Read More »

The Dubai Chamber of Commerce and Industry will host the first Commonwealth of Independent States Global Business Forum Feb. 17 and 18 in Dubai. Read More »