Adams Offshore will bring its products and services to this year's Gulf Industry Fair being held Feb 9-11 at the Bahrain International Exhibition and Convention Centre. "We have chosen Gulf Industry Fair 2016 as our platform to celebrate our reputation as the Middle East's global operator in the offshore industry," Adams Offshore Bahrain General Manager R. Rajeev Kumar said. Read More »

Shell Oman said Mohammed Mahmood Al Balushi has been appointed managing director. Al Balushi, who will replace Adil Ismail Abdullah Al-Raisi, brings more than two decades of finance and management experience to the job, including 12 years with Shell, most recently working as a country manager for retail operations. Al Balushi also will represent Shell shareholder Shell Gas BV. Read More »

A recent seminar hosted by the Abu Dhabi Chamber of Commerce and Industry addressed the nation's new property laws and the challenges brokerage firms will face as they adjust practices to adhere to those laws. Read More »

On Feb. 17 and 18, business owners and representatives from across the region will converge upon Dubai for the inaugural Commonwealth of Independent States Global Business Forum. Read More »

The Saudi Food and Drug Authority (SFDA) recently awarded its Medical Device Marketing Authorization license to Varian Medical Systems' ProBeam proton therapy, making it the first system to receive this authorization. Read More »

Educating participants on ways to use technology to enhance the effectiveness of public safety services was one of the main topics of the recent Global Forum on Emergency Telecommunications, which took place Jan. 26-28 in Kuwait. Read More »

Qatar Foundation International (QFI) will pay for 13 U.S. high school students to attend this year's Arabic Summer Academy at Green Mountain College in Poultney, Vermont. Read More »

UAE's telecom, IT and health care sectors are seeing job growth, a recent study by job-search engine Monster.com indicates. Read More »

U.S. solar-panel company First Solar and Al Watania Agricultural Company recently completed a pilot project to evaluate the use of solar energy to power farm-irrigation systems. Read More »

The Oman Chamber of Commerce and Industry held a meeting Tuesday in Muscat with the Ministry of Agriculture and Fisheries and the Capital Market Authority to discuss a national program for agricultural insurance. Read More »

King Abdulaziz University Hospital recently began treating cancer patients with a new high-tech radiation therapy that promises faster, more accurate treatment. The hospital in Jeddah, Saudi Arabia has treated 70 patients with the Elekta Versa HD system since Nov 2. Read More »

The Dubai Mercantile Exchange announced Wednesday that it has set a record for open interest in Oman Crude Oil Futures. Read More »

Organizers of the retail and cultural exhibition Shop Bahrain announced Wednesday that the 30-day event generated nearly $30 million in sales. The event ran from Dec. 24 to Jan. 23 and offered a variety of shopping promotions, cultural activities, and entertainment experiences at several locations throughout Bahrain. More than 60,000 people attended some part of the event. Read More »

Medstar announced last week that it has opened the UAE's largest day surgery center. The 20,000-square-foot facility offers surgical and non-surgical treatments that don't require patients to remain overnight. The so-called day surgery is followed up by outpatient visits instead of a protracted hospital stay. Read More »

The Saudi economy experienced major growth in tech related jobs last year, according to a report recently released by the online job search site Monster.com. Marketing and advertising jobs grew by approximately 40 percent, followed by near 25 percent growth in software, IT, and telecom jobs. The engineering field also grew by 20 percent. Read More »

Omantel officials said Wednesday that the company's sukuk offering is attracting substantial interest. Omantel is looking to raise capital by issuing nearly $130 million in both American and Omani currencies, a first for any Omani company Read More »

Hamad General Hospital in Qatar will be the first medical facility in the Middle East to impelment a robotic medication dispensing system, following an agreement with Omincell announced Wednesday. The Omincell system is touted for the speed at which it assembles and dispenses patient orders, its space-efficient design, and high storage capacity. Read More »

Hydrocarbon Finder will take over exploration and production in Oman's Block 7 oil fields, according to the terms of a new agreement signed Thursday in Muscat by the Ministry of Oil and Gas. Block 7 is a 900-square-mile tract in the Al-Wasta area of Oman. It contains three oil fields that are currently being managed by Petrogras, and will continue to be until that agreement expires in April. Read More »

Baker Hughes Inc. released its fourth quarter and yearly numbers Thursday. The company posted fourth-quarter revenue of $3.4 billion and $15.7 billion for the year, an $8.8 billion drop from full-year revenue in 2014. Company executives said the oilfield services business was hit hard by falling oil prices, which have slipped by more than 60 percent since 2014. Read More »

Qatar National Bank recently received a 2015 J.P. Morgan Elite Quality Recognition Award for its processing of two types of credit transfers. Read More »