Dubai Chamber promotes food export trade with Azerbaijani, Georgian merchants

Dubai Chamber of Commerce and Industry members recently completed food import trade missions to the capital cities of Baku, Azerbaijan, and Tbilisi, Georgia, to publicize potential export advantages and industry practices for the two locales. The delegation organized two successful food export briefings, attended by over 70 public and private sector representatives in each city, Read More »

Saudi Electric Company seeking developers for two solar photovoltaic power plants

Saudi Electricity Company (SEC) invites expressions of interest regarding potential development of two solar photovoltaic independent power plants, to be located in Al-Jouf and Rafha. SEC will select a developer or developer consortium to develop and operate the sites. The new power plants will support existing conventional power plants in their respective locations. Read More »

Make yourself at home on Al Reem Island, Shams Gate District or Dubai Silicon Oasis

United Gulf Properties has listed a gorgeous studio apartment on Al Reem Island with reserved parking, walk-in closets and a view of the water for $145,655. The 424-square foot apartment shows unique panoramic views of Al Reem Island. Large windows let in lots of light, and the full kitchen is perfect for those who love to cook. Amenities include a shared pool and spa. Read More »

Etihad Airways adds three Emiratis to international management ranks

Etihad Airways recently appointed three Emiratis to management positions in South Korea, Seychelles and Saudi Arabia, increasing the number of UAE nationals on its international management staff to eight. All three designees will serve as airport managers - Fatima Al Hashemi in Incheon, South Korea; Yousuf Mohammed for Medina, Saudi Arabia; and Mansour Hamad to Mahe, Seychelles. Read More »

Dubai International Arbitration Center workshop focuses on constriction industry

Guided by the Dubai Chamber of Commerce and Industry, the Dubai International Arbitration Center (DIAC) along with three affiliated Korean organizations recently led a dispute resolution seminar in Dubai focusing on the construction industry. The seminar emphasized the role of in-house legal counsel and similar associated practitioners in resolving disputes. Read More »

BGR the Burger Joint franchise opens in Kuwait's Promenade Mall

BGR the Burger Joint has opened an international franchise in Kuwait's new Promenade Mall. BGR features a better-burger concept with a menu focused on cooked-to-order burgers over an open flame, as well as food made from the freshest and highest quality ingredients. The chain is owned by Chanticleer Holdings; the franchise is owned by Master Franchise Operator Al Bassamiah. Read More »

Boston Market to bring its casual dining concept to Middle East

Boston Market CEO George Michel signed a deal with Kuwait’s Al-Ghunaim Trading Co. Ltd. to bring the successful eatery to the Middle East with 25 to 30 branches planned initially for Kuwait, Oman, Bahrain, Saudi Arabia, Lebanon, Qatar and Jordan. The company has just passed its 30-year mark in business, dishing up fresh, hormone-free rotisserie chicken among its many selections. Read More »

Gulf Petrochemicals and Chemicals Association has new chairman

Gulf Petrochemicals and Chemicals Association Vice Chairman Yousef Abdullah Al-Benyan recently became the association's chairman. Al-Benyan, who leads the global management team at Saudi Basic Industries Corporation (SABIC) as its CEO and vice chairman. Al-Benyan has held many roles since joining SABIC in 1987, including executive vice president of corporate human resources. Read More »

Bahrain Institute for Banking and Finance joins Middle East Asset Management Forum

To optimize its proficiency level in asset management workforce training, the Bahrain Institute for Banking and Finance (BIBF) participated in the May 30-31 Middle East Asset Management Forum at the Gulf Hotel in Manama. The event, supported by the Central Bank of Bahrain, focused on the importance of training and development for the Bahraini financial workforce. Read More »

E-marine launches world’s newest eco-friendly cable-laying vessel in Dubai

Strengthening its dominance in the sub-sea cable market, E-marine, the Middle East’s principal provider of submarine cable solutions, recently launched its newest cable-laying vessel, the CS Maram, in Dubai. The newest in E-marine’s fleet of five vessels, and the fourth in its cable-laying fleet, CS Maram is considered to be the most modern eco-friendly cable ship ever built. Read More »

InnoVacient launches program to impact economic development capabilities of Saudi Arabia

InnoVacient LLC and Lamarka Consulting have revamped the InspireU Technology and Entrepreneurship Center of Excellence in Riyadh. InspireU aims to advance job creation and economic growth across the kingdom through innovative solutions that will help improve the standard of living in Saudi Arabia and lead the state away from an oil based economy. Read More »

Bahrain chamber discusses Indian Week Exhibition during New Delhi forum

A Bahrain Chamber of Commerce and Industry (BCCI) committee took part in the recent Bahrain-India Forum held in New Delhi and discussed the possibility of hosting an Indian Week Exhibition in Bahrain. The BCCI Promotion, Exhibitions and Conferences committee went to the forum to increase the Bahraini presence in the promotion of and investment in the business environment and events. Read More »

Saudi Electricity Company signs $900 million loan agreement to build power plant

Saudi Electricity Company (SEC) said a $900 million loan agreement with the Export-Import Bank of Korea (KEXIM) and other international banks will finance the construction of the new Shuqaiq power plant. The loan is guaranteed by KEXIM, but is funded by banks that include Deutsche Bank, Santander Bank and the Bank of Tokyo Mitsubishi UFJ for the life of the loan, 13.25 years. Read More »

Dubai Chamber urges B2B e-commerce upgrades with workshops

Two recent Dubai Chamber of Commerce and Industry workshops held at the chamber’s main offices helped to identify and capitalize on the trend away from conventional commerce to that of a cloud-based economy. Sessions led by chamber specialists encouraged participants to prepare for the already apparent shift toward e-commerce in the emirate as well as across many GCC nations. Read More »

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