Spafinder Wellness 365 will be associated in setting up a dedicated Wellness & Spa Lounge at Arabian Travel Market (ATM) 2016, which will be held April 25-26 at Dubai's World Trade Center. Described by the ATM as “the hub for spa and wellness travel professionals,” the lounge underscores the growing importance of the wellness tourism sector at ATM and across the globe. Read More »

Biopharmaceutical company AbbVie recently teamed up with Benchmark Middle East in organizing an advertising competition in Dubai to increase awareness of the rare skin disease hidradenitis suppurativa. The Young Lynx Print Competition in Dubai called upon advertising executives under the age of 30 to come up with a creative solution to raise awareness of this health condition. Read More »

UAE-based telecommunications service provider du's subsidiary, datamena, revealed its association with Epsilon Telecommunications to further extend Epsilon’s cross-border connectivity capabilities to their international clients.This deployment enables Epsilon customers to directly connect with CloudLX, a newly launched on-demand Ethernet connectivity portal. Read More »

The Financial Times reported a few months ago that the Qatar sovereign wealth fund, the Qatar Investment Authority (QIA), had suffered a $12 billion paper loss in the third quarter of 2015.  Read More »

Oasys Water, a global leader in developing innovative and sustainable solutions for transforming abused wastewater in industrial markets around the world, recently opened a new office in Dubai to foster industrial water treatment innovations in the Middle East. Read More »

In order to mitigate mounting cybersecurity challenges in the Middle East, DarkMatter, based in the Unite Arab Emirates (UAE), recently partnered in the introduction of an advanced voice and chat application to facilitate a highly secure communication environment for government agencies and commercial entities in the region. Read More »

Oberthur Technologies (OT), a leading French digital security company, recently was selected by Kuwait’s Boubyan Bank to offer its first contactless payment cards. OT’s contactless payment system is a non-cash payment transaction that does not require a physical connection between the consumer payment device and the physical point-of-sale (POS) terminal.. Read More »

In recognition of its endeavors for human resource management excellence, DHL Middle East won the Top Employer Global 2016 certificate awarded by the Top Employers Institute to organisations that achieve the highest standards of excellence in employee conditions. DHL Middle East won this honor for the second straight year thanks to its human resource management programs. Read More »

Al Forsan Real Estate, the property arm of Abu Dhabi-based Al Forsan Holding, has unveiled an exceptional community living experience in the UAE. Located in the Khalifa City ‘A’ Area, Al Forsan Village is the first active and health focused mixed-use development in the UAE. The project aims to strengthen Abu Dhabi position as a sought after community living destination. Read More »

BECO Capital, a Dubai-based venture capital firm, recently invested in Beirut-based MYKI, a cybersecurity startup that has developed the first advanced password and online identity manager in the region. “They are highly intelligent people who are focused and passionate about the problem and solution,” Amir Farha, BECO Capital's co-founder and managing partner, told Gulf News Journal. Read More »

Rawabi Vallianz Offshore Services, a joint venture between Saudi Arabia-based Rawabi Holding and Vallianz Holdings Limited, issued its first $266.6 million Shariah-compliant sukuk as a private offering. “Given the forecasted growth of the company, sukuk have become a prominent financing product in the world nowadays,” Rawabi Holding Group Chairman Abdulaziz Ali  AlTurki, told Gulf News Journal. Read More »

The World Franchise Forum and Exhibition 2016 was held recently in Dubai with the aim to capitalize on the region’s substantial potential for franchising. “Dubai became the perfect venue for the forum and exhibition as the emirate serves as the focal point of robust business activities across the region,” World Franchise Associates Chief Operating Officer Sary Hamway told Gulf News Journal. Read More »

The Global Women’s Forum Dubai 2016, the first and largest international forum for women in the Middle East-North Africa region, will be held Tuesday and Wednesday in Dubai. The forum provides an international platform for more than 2,000 leading thinkers from around the world to establish a powerful global network to tackle key topical issues concerning the state of women. Read More »

According to a recent report on the real estate sector in Dubai, residential and commercial transaction volume witnessed a fourth-quarter increase — the first of 2015. Read More »

FGB, formerly First Gulf Bank, registered significant growth in 2015 by achieving a record net profit of $1.64 billion. The bank found its total income increase by 6 percent in the year, signifying its 16th successive year of profitability. Read More »

The Dubai Chamber of Commerce and Industry, in collaboration with The Economist Intelligence Unit in the UAE, published a report that looks at Gulf investment into Africa and sheds light on the continent's most promising noncommodity sectors. The findings are based on desk research and interviews, Dubai Chamber of Commerce President and CEO Hamad Buamim told Gulf News Journal. Read More »

Following a report that predicted female representation in the professional and managerial ranks will reach only 40 percent globally in 2025, the Gulf Cooperation Council (GCC) expert for Mercer said ensuring women thrive in the Middle East-North Africa region is critical to the region’s economic and social development.  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 »

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 »

Following the hike in energy costs due to subsidy reforms in many Middle East countries, experts from PA Consulting Group recommend investment in low emission technology to help industry giants make huge savings and considerably reduce their carbon footprint. Read More »