GE 2016 Global Innovation Barometer reveals expanding innovation ecosystem in Saudi Arabia

The GE 2016 Global Innovation Barometer from Saudi Arabia unraveled the emerging and vibrant innovation ecosystem in the kingdom that is significantly contributing to the economic growth and diversification of the country’s economy. The research covered about 200 C-level business executives and informed members of the public who have a presence in the innovation ecosystem. Read More »

India's mCarbon enters Middle East telecom arena with hub in Dubai

The telecommunication sector in the Middle East offers lucrative business opportunities, and many companies are vying to gain a substantial market share by introducing innovative technologies. The latest example of this trend is the entry of India’s leading mobile technology service provider, mCarbon, to the Middle East market by establishing its headquarters in Dubai. Read More »

Jordan gearing up for Arab Aviation Summit in December

Jordan has been chosen for the first time as the venue of the 6th edition of the Arab Aviation Summit, which will take place under the patronage of Jordanian Minister of Tourism and Antiquities Lina Annab on Dec. 5 and 6. Known as the voice of the industry, the Arab Aviation Summit has grown to become the most prominent gathering of aviation and tourism executives in the region. Read More »

Evaluations of construction companies in Dubai begin for Taqdeer Award recognizing excellence in labor welfare practices

The management of the Taqdeer Award, the world’s first points-based award program launched by the Dubai government for promoting employee welfare, will start assessing construction companies that have applied to participate in the award. A 32-member team of certified assessors have been assigned to execute this task, which began at the beginning of August. Read More »

Dulsco fostering sustainability efforts in the UAE with Open Source Circular Economy Days

In association with the Dubai Chamber of Commerce and Industry Sustainability Network, Dulsco, a leading provider of human resource solutions and waste management services in the UAE, recently organized the Open Source Circular Economy Days forum. Dubai took the opportunity to host the forum, becoming the only city in the Middle East to be part of OSCE Days among 70 other global cities. Read More »

Beauty, wellness industry bracing for dramatic growth in Middle East, North Africa

Euromonitor International recently reported that the beauty and wellness market in the Middle East and Africa is expected to see a 6.4 percent rise over the next five years, with a total value of $34.7 billion by 2020. “That the region is a fast-growing beauty market is no surprise actually,” Ahmed Pauwels, CEO of Messe Frankfurt Middle East, recently told the Gulf News Journal. Read More »

Al Hamra Real Estate Development garners major awards at the MEED Quality Awards for Projects

Al Hamra Real Estate Development (AHRED), a Ras Al Khaimah-based real estate developer, bagged both the Best Tourism and Leisure Project UAE and Best UAE Residential Property of the Year at the recent MEED Quality Awards for Projects .AHRED won the Best Tourism accolade for its Waldorf Astoria Ras Al Khaimah while its Bayti development garnered the Property of the Year award. Read More »

World Bank conference on Islamic banking to shed light on post-oil economic scenarios

The Accounting and Auditing Organization for Islamic Financial Institutions will host the 11th edition of the World Bank Annual Conference on Islamic Banking and Finance on Nov. 6-7 in Bahrain. Islamic Finance in the Post-Oil Economic Scenario will be the theme of the conference, being held in collaboration with the World Bank and under the auspices of the Central Bank of Bahrain. Read More »