Following a detailed review of IFRS 15, the property development, investment and management company’s board adopted new standards retroactive from Jan. 1 of this year. This decision may alter the profile of revenue and profit recognition for the company. Read More »

Luxury hotel Oryx Rotana celebrated its fifth anniversary at an stylish event attended by the hotel’s general manager, senior executives and staff. This year the hotel has received several prestigious local and international awards. Read More »

Using Vuclip’s Dynamic Adaptive Transcoding Technology, Ooredoo Kuwait will offer millions of viewers the opportunity to enjoy unbuffered videos, optimized for network variability, across all mobile devices for a launch rate of just 66 cents per day. Read More »

Samsung C&T announced its participation in the Facility D Independent Water and Power Project in Qatar. The company received the award for the Engineering, Procurement & Construction of a 2,500-megawatt combined cycle power plant from Umm Al Houl Power. Read More »

Fourteen high-profile Omani exporters recently participated in a four-day Ithraa-led trade delegation to Delhi and Mumbai, India. In New Delhi, the group took part in a business seminar and B2B meetings with Indian importers, agents and manufacturers. Read More »

World Tourism Organization said tourism in the region grew 2 percent in 2014 while revenue from tourism has gone up by as much as 10.4 percent so far this year. With that growth has come a rush of eco-friendly resorts, shopping malls and 5-star hotels. Read More »

Grand Millennium Dubai hosted the monthly meeting of Les Clefs d’Or UAE, the regional chapter of the Union Internationale Des Concierges d’Hotels, Monday as members discussed the hottest hospitality issues and updated concierges on industry trends. Read More »

The Pakistani property website Zameen.com has signed a memorandum of understanding with Defense Housing Authority Lahore that defines the property website as the one responsible to organize the DHA Property Festival, which is set for Aug. 29-30. Read More »

Bukamal Conglomerate has announced that the company will invest in Sage’s CRM. The company successfully installed Sage CRM with the help of Fakhroo IT Services after seeing the need for automated sales processes for its customer relationship projects. Read More »

Oman Air Cargolux has announced the addition of Chennai to its network, expanding its air freight services from Oman to India. The cooperation established will allow Cargolux to use Oman Air's experience of flying to a range of global destinations. Read More »

Emirates announced its sixth daily service to Australia and second daily service to Singapore with the upgrade of its service between Dubai and Melbourne via Singapore. The flights will be available starting March 1, 2016, in the Emirates flagship A380. Read More »

This amazing and dynamic villa comes complete with a rooftop terrace, private swimming pool, barbecue area, air conditioning, study room and maid's room. Read More »

AdZouk announced its official partnership to exclusively distribute native advertising technology across the MENA region. The partnership will allow advertisers to tap into the native advertising ecosystem to buy premium placements via real-time bidding. Read More »

Musafir.com, the United Arab Emirates' first premium experience travel website, recently announced a partnership with Dubai Tourism to promote Dubai to Indian travelers. Gulf News Journal spoke with Sachin Gadoyah, managing director of Musafir.com. Read More »

UAE-based JunkBot joins 85 companies that have been chosen out of more than 1,800 applications by Start-up Chile. Read More »

The world’s first online interactive tour Dubai 360 recently added more than 140 nighttime panoramas of the city and skyline to their already robust site. Read More »

As part of the United Arab Emirate's plan to reducing energy by 30 percent by 2030, Honeywell has customized it VisionPRO 8000 thermostat to better serve the large spaces of mosques and the need for better ventilation during five daily prayer times. Read More »

Citi and MasterCard have come together to sign a 10-year agreement, extending the two companies’ relationship in the Middle East region. Read More »

Ijmal LLC, a rising real estate investment firm in Saudi Arabia, has hired Shariyah Review Bureau (SRB) to help the company be Shariah-compliant in all of its business activities. Read More »

Middle East and North Africa region’s largest integrated waste and resource management company will use California company's cloud-based software designed to optimize an organization’s cash, manage its risk and make the most efficient use of capital. Read More »