Kuwait has suffered in the wake of falling oil prices, but is capable of recovering from a period of slow growth, the executive board of the International Monetary Fund said. The executive board said a Nov. 25 Article IV discussion with Kuwait and IMF staff showed that recovery is possible with significant financial buffers as well as a good amount of open borrowing power. Read More »

Two Rixos hotels are the first in the United Arab Emirates to launch virtual hotel tours on Google’s Street View platform. The Dubai-based hotel chain partnered with Google to create online walkthroughs of Rixos The Palm Dubai and Rixos Bab Al Bahr in Ras Al Khaimah. Potential guests can search the hotels and use Google Street View to get an in-depth look at the entire resort. Read More »

The Dubai Chamber of Commerce and Industry’s international office in Baku, Azerbaijan, recently hosted its annual networking event which attracted more than 180 business leaders from the UAE and Azerbaijan. Azeri businesses were presented with the numerous benefits offered by investing in Dubai’s industrial sectors. Azeri and UAE businesses representatives also discussed joint investment ideas. Read More »

The Central Bank of Kuwait has released new commemorative coins celebrating Kuwaiti leader and Emir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah’s recognition by the United Nations as Humanitarian Leader of 2014. In celebration of the anniversary, three coins will be released with the Kuwaiti leader’s likeness and an inscription memorializing the U.N. recognition in both Arabic and English. Read More »

An off-plan studio apartment is available for $178,816 at Soho Square residences. Listed by Master House Properties, the 459-square-foot studio apartment includes a single bathroom, built-in wardrobes and a walk-in closet. Residents will enjoy the central air conditioning, views of the water and nearby landmarks from the apartment’s balcony, and the convenience of covered parking. Read More »

Bahrain-based Zain Group launched its fifth annual Zain Technology Conference (ZTC), "Transforming Our World," on Tuesday. More than 700 people attended the opening ceremonies for the three-day conference, which features exhibits from more than 65 technology providers and 95 breakout sessions that focused on different areas of the technology sector. Read More »

Samsung Electronics Co., Ltd. is among the participants in Mostra Convegno Expocomfort Saudi 2015, an exhibition focused on residential and industrial installations of air conditioning and renewable energy systems that is running through Wednesday. Samsung is an educational sponsor for the event being held in Riyadh, Saudi Arabia. Air conditioning is big business in Saudi Arabia. Read More »

Saudi and Bahraini business leaders are looking into ways to increase investments on Saudi Arabia’s east coast. A group of business leaders from the Saudi-Bahraini Business Council (SBBC) were recently in Dammam to look into new business opportunities across a number of the region’s sectors. Dammam is the closest major Saudi city to the Kingdom of Bahrain. Read More »

The Al Barza Health Innovation Discussion in Dubai brought together some of the United Arab Emirate's most innovative minds, high-level officials and members of the public to discuss creative ways to make life better for UAE citizens. The discussion took place over a week at the Health Innovation Village. The Dubai Health Authority organized the events to celebrate UAE Innovation Week. Read More »

Telecommunications provider Vodaphone Qater named Ian Gray to be the new CEO of the Doha company on Tuesday. Gray comes to the Qatar location from Vodaphone Egypt, where he served as chairman of the board for more than 14 years. "I and the entire board of Vodafone Qatar are delighted to welcome Ian to Qatar," Vodaphone Qatar Chairman Sheikh Khalid Bin Thani Al-Thani said. Read More »

Egypt’s Port Said will soon be able to allow vessels 24-hour access to its container terminal thanks to the recent approval of a new access channel that will allow vessels to bypass traffic waiting to pass through the Suez Canal. Vice Admiral Mohab Mamish, head of the Suez Canal Authority, approved plans to construct a new 5-mile channel into Port Said East. Read More »

Baalbaki Chemical Industries (BCI), one of the Middle East’s leading polyurethane systems, polyester polyol, and adhesives manufacturers, has opened a new manufacturing plant in the United Arab Emirates' Hamriyah Free Zone in Sharjah. The move expands BCI’s footprint in the GCC region while also making it easier to serve the Indian and South-East Asian markets more effectively. Read More »

During the recent 15th annual Industrialist's Conference in Kuwait, Kuwaiti Minister of Commerce and Industry Yousef Al-Ali recognized the major role the Kuwait Finance House (KFH) has played in the country's overall economy. KFH, which Al-Ali lauded for its willingness to work with companies across the Gulf Cooperation Council (GCC), was a diamond sponsor for the conference. Read More »

Officials from the Qatar Chamber of Commerce said recently that the organization intends to have a presence at the third annual International Exhibition for Transport and Logistics (Trans4), which is set for May 24-26, 2016, at the Doha Exhibition and Conference Center. The exhibition will feature exhibitors from the Gulf region's transportation, shipping and logistics sectors. Read More »

Some of the hottest trends in fashion were on display last weekend at Muscat Fashion Weekend in City Centre Muscat, Oman's largest shopping mall. Fashions featured in the show were from retailers in the mall that included Max, Splash, Cotton On, Forever 21, Koton, Mango, Nayomi, Origem, Promod, New Look, Desigual, Hanayan, Marks and Spencer, BabyShop, Okaidi and Tape a l’oeil. Read More »

Located in the Imperial Residence in Dubai's sought-after Jumeirah Village Triangle, this stylish apartment features an open floor plan with 1,111 square feet of living space and includes inviting combination living and dining areas. There is also a tasteful modern kitchen and two generously sized bedrooms. The apartment has central air conditioning and a private balcony. Read More »

United Arab Emirates (UAE) automotive rental provider Najd Rent-a-Car is expanding its presence in Dubai through the addition of more luxury branded cars. Read More »

Telecommunications operator Zain Bahrain has entered into an agreement with the British School of Bahrain to provide its faculty members and students access to high-speed Internet. Read More »

The Citi Prestige credit card was recently introduced to the United Arab Emirates (UAE) and is being aimed at the country's wealthy residents. Read More »

Oman Air recently held a global conference for airport service managers at the Golden Tulip Hotel in Muscat. Read More »