Oman's Ministry of Gas and Oil recently became the Dubai Mercantile Exchange's (DME) first customer. DME is a brand-new auction system based in the Middle East. Through this platform, the Oman Ministry will be able to sell more spot exports of the sultanate's crude oil. Currently, Oman uses the DME Oman crude oil contract to set the official selling prices for its oil. Read More »

Dulsco, the Dubai-based human resource and waste management solutions company, celebrated 80 years in business this year with a special event featuring motivational speaker Brian Tracy. Tracy is one of the world’s most influential speakers and writers on leadership, business success and achieving goals. Read More »

Royal Jet, the Abu Dhabi-based airline, recently signed a contract with the United Arab Emirates Armed Forces to provide various technical and operational training services for Air Force staff. “This is an honor to Royal Jet, to be able to provide this specialized training to the next generation of personnel of the Air Force,” Royal Jet Interim President and CEO Patrick Gordon said. Read More »

The second annual Cityscape Kuwait for the real estate investment and development sector will be held Dec. 9-11 at the Kuwait International Fairgrounds. Attendees will include investors, developers, architects, designers, government officials and real estate executives. More than 70 exhibitors are expected, including Murabahat Real Estate, Al Mazaya and Sharjah Oasis Real Estate. Read More »

A one bedroom apartment on the ground floor of the Al Reef Downtown building is listed by Skyland Middle East Properties for $266,808. This rare apartment has 1,158 square feet of space with one bedroom, a study and two bathrooms. The apartment includes a walk-in closet and balcony, and maid service gives residents one less thing to worry about. Read More »

A new study analyzing Gulf investment in Africa done by the Dubai Chamber of Commerce and Industry found that East Africa is the most sought-after region for noncommodity investment by Gulf investors. The findings of the study, titled “Beyond Commodities: Gulf Investors and the new Africa,” were unveiled during the Third African Global Business Forum hosted by the chamber. Read More »

STME, an information technology solutions provider and systems integrator (SI) based in Dubai, said it has experienced steady growth in the Saudi Arabian market. "Our growth in Saudi Arabia is due to a combination of our strengths, which include three decades of experience in the Middle East region and our good reliable partner products," STME CEO Ayman Al Bayaa said. Read More »

Global remittance and foreign exchange leader UAE Exchange said recently that its information security management team has earned recertification through the most recent ISO/IEC 27001:2013 standard. ISO 27001:2013 is the most current version of the International Standard for Information Security Management and means detection of any security breaches would be immediate. Read More »

AXA Gulf, the Gulf region’s arm of the French multinational insurance agency, said it is expanding its services in Qatar to include yacht and pleasure craft insurance. AXA Gulf said the decision comes after years of steady growth in Qatar. AXA Gulf plans to open two offices in the Doha neighborhoods of the Pearl and Barwa City to meet the demand for maritime insurance. Read More »

The Dubai Chamber of Commerce and Industry recently held a workshop on the various structures and technicalities surrounding Islamic financial practice. Dubai’s leadership is pushing numerous initiatives intended to build Emirates up into the center of the global Islamic economy, and one of the biggest components of that goal is growing the Shariah-compliant financial sector. Read More »

The United Arab Emirates’ Etihad will begin a third daily flight between the airline’s hub in Abu Dhabi and Jeddah in the Kingdom of Saudi Arabia Dec. 10. The carrier's flights to Jeddah have been some of the airline’s most popular regional connections since the route first launched in 2006. The new flights link the UAE’s political capital with Saudi Arabia’s commercial capital.  Read More »

The Ajman Tourism Development Department entered a strategic partnership with Ajman Department of Economic Development Wednesday to boost the Emirate’s economic opportunities. The Ajman Department of Economic Development (Ajman DED) and the Ajman Tourism Development Department (ATDD) will determine and implement the most effective best practices to raise Ajman’s global profile. Read More »

The assessment of participants for the first category of the Abu Dhabi Awards for Excellence in Government Performance has been completed, and winners will be announced and honored during a Nov. 17 ceremony. Overseen by the Abu Dhabi Excellence Program (ADEP), the awards had more than 300 applications from 51 entities. The awards are open to both individuals and institutions.  Read More »

MEED Events is organizing the 11th annual Kuwait Projects Conference. The focus of this year's event will be Kuwait's $230 billion pipeline project in addition to other projects in healthcare, housing, power and water. Kuwait is now the fourth largest projects market, with about $137 billion worth of projects in pre-execution and more than $230 billion in pipeline projects. Read More »

Emirates Group, which includes Emirates airline and dnata, recently partnered with Carnegie Mellon University to form the CMU-Emirates Silicon Valley Innovation Lab. The lab aims to make Emirates and dnata the leading technology-enabled travel experience companies. The lab will focus on all areas of service and will also be used as a clearinghouse for ideas and new technology. Read More »

Located in the Bahar 2 Tower of the sought-after Jumeirah Beach Residence development, this spacious two-bedroom apartment boasts an open-floor plan and city and ocean views. The apartment has a large combination living and dining room and a tasteful kitchen with dark countertops and handsome cabinetry. There are also two generously sized bedrooms and three modern baths. Read More »

Imdaad recently presented its budget for 2016 at its Budget Day. The session also saw the company's officials discuss new strategies for 2016. Highlights for 2015 for Imdaad were the company's new strategic partnership with WMS Metal Industries of the United Arab Emirates and a three-year comprehensive maintenance and repair contract for Emirates Transport’s vehicles and equipment. Read More »

Emirates opened up a fourth route to Italy Tuesday with daily flights available from the airline’s hub in Dubai, United Arab Emirates, to Bologna. The new route was celebrated with a traditional firehose shower as the first Emirates flight landed in Bologna, whose standing as a provincial capital is one of the world’s best-preserved medieval centers makes it a popular destination. Read More »

An event for Indian businessmen, organized by Abu Dhabi Ports and the Indian Business and Professional Council (IBPC), took place Oct. 20 in Abu Dhabi. The theme for the event was “Opportunities in Abu Dhabi: A Global Trade, Manufacturing and Logistics Hub." During the event, Abu Dhabi Ports gave a presentation about the company's Khalifa Industrial Zone Abu Dhabi and Khalifa Port. Read More »

Coldwell Banker UAE has opened its fourth office in the Gulf nation. The new location at Jumeirah Village Circle in Dubai comes as the company makes moves to expand business operations in the region. Hesham Elfar said the company aims to grow its presence in the UAE as the Dubai property market continues to explode with new real estate opportunities despite a recent slowdown. Read More »