The Accounting and Auditing Organization for Islamic Financial Institutions and the World Bank said they will host the 10th annual AAOIFI - World Bank Conference on Islamic Banking and Finance on Dec. 6-7 in Bahrain. More than 300 global financial industry experts are expected to attend the conference, which is being organized in cooperation with the Central Bank of Bahrain.  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 »

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 »

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 »

The Qatargas Contractor Forum in Qatar brought the company’s main contractors and suppliers together to develop strategies to grow their businesses and the local market. Participants in the forum, held at the Qatar National Convention Centre, discussed “Partnering for Sustainable Growth.” Qatargas, a subsidiary of Qatar Petroleum, is the world’s largest liquefied natural gas company. 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 »

Greens Real Estate, LLC is offering a large, unfurnished three-bedroom apartment in Falcon Tower in downtown Ajman for $185,127.20. The 2,008-square-foot apartment has three bedrooms and three bathrooms as well as a hall for entertaining. The kitchen is fully equipped with state of the art appliances. A balcony offers fantastic views of the sea. Read More »

General Automotive Company, Oman’s official distributor for Mitsubishi products, recently launched two new Mitsubishi FUSO Trucks in the Gulf nation – the FUSO FA/FI and the FUSO FJ. The latest models to come to Oman feature cutting-edge engineering to give the trucks top-notch reliability and a flexibility that allows the trucks to tackle a multitude of tasks. 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 »

The U.S.-based Sabin Vaccine Institute Product Development Partnership (Sabin PDP) has agreed to work with King Saud University to develop better vaccine research and development abilities in the Middle East. The agreement establishes a high-tech vaccine research institute in Saudi Arabia, which Sabin PDP will support by providing the necessary training and technical help to get the research center off the ground. Read More »

Qatar Airways’ corporate jet division, Qatar Executive, is the Middle East’s first charter business jet operator to receive the Third-Country Operator Safety Certificate from the European Aviation Safety Agency (EASA). The third-country operator (TCO) safety certificate will allow Qatar Executive flights to enter all European Union (EU) nations. Read More »

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 »

The GCC-India Forum is underway in Saudi Arabia’s commercial hub of Jeddah, bringing together business leaders from both regions. This year, an Omani delegation joins the forum. The two-day forum is organized to bring together key players from Gulf zone and Indian companies to network and learn about upcoming business and investment opportunities. Read More »

The goal of a new partnership struck between Philips SLC and Saudi Basic Industries Corp. (SABIC) is to introduce customers in the Middle East and the Kingdom of Saudi Arabia to more eco-friendly and sustainable solutions. To that end, SABIC, a global provider of diversified chemicals, and lighting solutions manufacturer Philips SLC have teamed up to launch the Home of Innovation initiative, where Philips will display its most cutting-edge LED lighting systems and solutions. Read More »

KAMCO, the Kuwaiti investment and asset management firm, recently hosted a job shadowing day to let students interested in business get a taste of what it’s like to work at a major financial institution. The program was part of a partnership with Injaz-Kuwait, an NGO dedicated to developing the students who will become Kuwait’s future business leaders. Read More »

The Qatar Ministry of Transport recently launched its new service-based website, developed in partnership with IT solutions provider Gulf Business Machines (GBM). The new website explains the various functions of and services offered by the Ministry of Transport. It also has an interactive map of Qatar that gives information on the Gulf nation’s transportation networks. Read More »

The Islamic Research and Training Institute and Thomson Reuters will release a set of new studies and reports on the global Islamic finance sector at the World Islamic Banking Conference next month in Bahrain. The conference aims to explore investment opportunities in high-growth emerging Islamic financial markets in Central Asia, North Africa and the Americas. Read More »

The Dubai International Financial Center (DIFC) won the Small Energy Projects category at the 2015 Emirates Energy Awards for its energy-saving initiatives at the company’s truck tunnel. The Emirates Energy Awards honor public and private sector environmental efforts and best practices. Organizations win awards for developing sustainable energy efficiency initiatives. Read More »

The American Chamber of Commerce Abu Dhabi joined the United States-UAE Business Council recently for an exclusive breakfast event for the United Arab Emirates’ (UAE) American business community. The event brought representatives from both organizations together at the St. Regis Abu Dhabi Hotel, where guests were honored with appearances by U.S. Ambassador Barbara Leaf and keynote speaker Virginia Gov. Terry McAuliffe. Read More »

During the fourth annual Gulf Cooperation Council (GCC) forum, which was held Nov. 18 and 19, Ali Hamed Al-Mulla, assistant secretary general for the industrial projects sector of the Gulf Organization for Industrial Consulting (GOIC), headed a session titled "Indian and GCC Exports Challenges." Read More »