Maisarah Islamic Banking Services to fund construction of Muscat hotel

In keeping with its strategic growth plan and efforts to fund large-scale projects throughout Oman, Maisarah Islamic Banking Services signed an agreement with Shaza Oman to fund the construction of its five-star hotel in Muscat. The agreement was signed by BankDhofar's acting CEO Abdul Hakeem Al Ojaili; Al Madina CEO Abdul Rahman Ba Omar; and GLOREI CEO Mohammad Al Ghassani. Read More »

Siemens extends deal to service Dolphin Energy gas turbine trains

Siemens has signed an 18-year contract extension with Abu Dhabi-based Dolphin Energy Ltd. to service aero-derivative gas turbine trains operating at the Dolphin Gas Project in Qatar. Under the agreement, Siemens will provide service and maintenance for nine industrial Trent 60 aero-derivative gas turbines with nine Dresser-Rand DATUM centrifugal compressors. Read More »

Hamriyah Free Zone installs air quality monitoring stations

The Hamriyah Free Zone Authority recently completed installation of continuous and portable ambient air quality monitoring stations that are in line with international and United Arab Emirates environmental standards. "The system assesses the extent of pollution, evaluates authority's control options and provides data for air quality modeling," Saud Salim Al Mazrouei said. Read More »

Ooredoo signs agreement with Nokia to expand network services

Qatari telecommunications company Ooredoo has signed a major framework agreement with Nokia to support Ooredoo's long-term development strategy in the Middle East, North Africa and Southeast Asia. Under the five-year contract, Nokia will provide advanced mobile broadband technologies and professional services to help Ooredoo Group support better 2G, 3G, 4G and LTE-A networks. Read More »

Beechwood Bermuda International launches UAE subsidiary

Beechwood Bermuda International, Ltd. has launched a subsidiary in United Arab Emirates (UAE), Beechwood Bermuda Middle East (BBME). The Beechwood companies provide investment products to clients and life, annuity and long-term care reinsurance to primary insurance companies. BBME will market and distribute Beechwood's Bermuda International investment products throughout the Middle East. Read More »

Amira Nature Foods selects KeHE as new U.S. distributor

Amira Nature Foods Ltd, one of the world’s leading providers of specialty Indian rice, has entered into an agreement with KeHE Distributors LLC in order to distribute Amira products throughout the United States; KeHE brings natural, organic, specialty and fresh products to a number of markets in the U.S., including natural food stores, chain grocery stores, independent grocers and other specialty product retailers. Read More »

Global Islamic Economy Summit 2015 draws 2,000 to Dubai

More than 2,000 people, including policy makers and business leaders from the United Arab Emirates, attended the Global Islamic Economy Summit 2015 at the Madinat Jumeirah in Dubai. The second edition of the event was themed "Driving Innovation, Unlocking Potential," and was promoted by DIEDC in collaboration with the Dubai Chamber of Commerce and Industry and Thomson Reuters. Read More »

Etihad Airways selects IBM as technology service provider

Etihad Airways has struck a 10-year, $700-billion deal to make IBM the airline’s technology services provider, a move that will allow the airline to enhance its guest online experience, develop world-class infrastructure and security, as well as to improve efficiency; this tech services deal with IBM marks one of the most important strategic collaborations Etihad Airways has entered. Read More »

Top