Power electronic systems provider AEG Power Solutions will showcase its latest products, the Uninterruptible Power Supply and Industrial chargers, Nov. 9 to Nov. 12 at the Abu Dhabi International Petroleum Exhibition & Conference. They will also showcase their Protect 8 UPS system, which was created to provide consistent power in the face of the most-challenging environments. Read More »

If relaxation is your aim, the one bedroom villa in the Cove Rotana beach resort is a perfect option. The Ras Al Khaimah neighborhood is a popular place for families, visitors and those who are seeking a getaway. The private two-story villa features a sea view just off the patio. Unfurnished, the villa also offers residents an opportunity to create their own luxurious getaway. Read More »

With its recent acquisition, Aster DM Healthcare now has a 97 percent stake in Sanad Hospital in Riyadh, Saudi Arabia. Sanad has 250 patient beds, more than 100 physicians and surgeons as well as 800 employees. Aster DM Healthcare upped their ownership stake in Sanad Hospital by 57 percent earlier this month in an investment worth $245 million, giving it interests in six hospitals. Read More »

SinoGulf Investments integrated Yardi Voyager® into its real estate asset and property management operations. Yardi Voyager provides its clients with a real estate platform to upgrade business processes. SinoGulf currently oversees $500 million in assets throughout the Middle East, North Africa. Neal Gemassmer, Yardi International VP, said his company enjoyed servicing the region. Read More »

Bahrain’s Ministry of Works will kick off phase 2 of its plan to convert the Gulf nation’s traffic lights to modern LED traffic signals in November. Kadhim Abdul Latif, acting roads assistant undersecretary at the Ministry of Works, said phase two of Bahrain’s LED Traffic Signals Project will replace traffic lights at 115 interchanges and pedestrian signals with newer LED lights. Read More »

The Qatar Leadership Centre’s (QLC) Rising Leaders Program participants recently traveled to South Korea to learn from the nation's success with small and medium enterprises (SMEs). The visit was the latest of Qatar Leadership Centre educational trips where Rising Leaders Program participants travel to learn from the experience of established business leaders. Read More »

Global remittance company UAE Exchange celebrated its 35th anniversary in business Friday. The firm, based in Abu Dhabi, now handles $26 billion annually -- 25.4 million transactions -- making them the world's largest global remittance company. There are 800 UAE Exchange branches in five continents. Manghat said the company's growth could also be attributed to technology.  Read More »

The First Arab Microfinance Investment Symposium will take place in Dubai on Nov. 30. The event will be under the patronage of Princess Haya Bint Al Hussein, Mohammed Bin Rashid Al Maktoum's wife, vice president and prime minister of the United Arab Emirates and the Ruler of Dubai. More than 100 investors, financial experts and representatives are expected to attend. Read More »

Kuwait’s largest mobile telecommunications company, Zain Kuwait, struck a new deal with the China-based ICT giant Huawei Monday to build up Zain’s virtualized network capabilities. Virtualized network technologies combine traditional network infrastructure with groundbreaking cloud-based IT capabilities. The result is a more powerful, flexible and efficient mobile network. Read More »

Construction risk management firm Hill International named Simon Longley senior vice president of Hill's Construction Claims Group Wednesday. Longley will work from Hill's Dubai, United Arab Emirates, office and brings with him more than three decades of experience in construction consulting. He has worked as regional managing director with Project Advisors International. Read More »

Cayan Homes Real Estate Broker LLC recently listed a large one bedroom apartment in the Cayan Cantara complex in the Dubiotech Park area. The one bedroom, two bathroom apartment offers 842 square feet of living space, covered parking, 24-hour security and a concierge to assist residents when necessary. Recreational facilities, schools and health centers are along Umm Suqueim Road. Read More »

Carlson Rezidor recently added the Hormuz Grand Hotel in Muscat, Oman, to the company’s luxury Quorvus Collection line of hotels. The Hormuz Grand boasts 231 guest rooms with iconic architecture and elegant amenities. Carlson Rezidor’s Quorvus Collection is the company’s new generation of “curated” luxury hotels, which must be opulent and inspired by the modern sensibilities. Read More »

Dubai-based online grocery store Trolley.ae recently established a virtual store service at Dubai Metro stations. Through the virtual store, commuters can grocery shop while waiting for their transportation. This is done with a small 3D touch screen in which shoppers select items from virtual shelves, check out and choose the time and location for their items to be delivered.  Read More »

A high-level delegation from Ooredoo Kuwait was on hand for the GSM Association’s Mobile 360 Middle East conference in Dubai last week, where the group networked with major global players in the telecom sector. Ooredoo Kuwait is part of the Ooredoo Group, which is one of the Middle East’s largest mobile telecommunication and ICT providers as well as a sponsor of the conference. Read More »

Non-intrusive sensing systems developer Augusta Industries Inc. registered with the Oman Joint Supplier Registration System Tuesday through the company’s wholly owned subsidiary FOX TEK Canada Inc. Fox Tek registered with Oman’s Joint Supplier Registration System (JSRS) to open up the possibility of working with prospective oil and gas clients in the Gulf nation. Read More »

Yale University Law School is the subject of recent criticism after founding a Sharia center focused on the Islamic law system using funds received from a Saudi Arabian billionaire with ties to Al Qeada. The Abdallah S. Kamel Center for the Study of Islamic Law and Civilization is being founded using a $10 million donation made by Saudi Arabian banker Abdullah S. Kamel. Read More »

The Qatar-based mobile telecommunication company Ooredoo took home a whopping 29 trophies from the 2015 International Business Awards – also known as "the Stevies." Ooredoo’s 29 awards added up to make it the most recognized brand at the International Business Awards, earning the company the Grand Stevie Award. The Grand Stevie goes to the company that racks up the most wins. Read More »

The inaugural Maritime Academic Conference & Expo (MARACAD) is set to open November 9 at the Dubai World Trade Centre. MARACAD's purpose is to highlight the growing importance and international profile of the growing maritime sector in the United Arab Emirates. The two-day event will gather international maritime industry leaders to hear from top experts in the field. Read More »

The World Federation of Exchanges' (WFE) 55th General Assembly and Annual Meeting took place Oct. 21 in Doha, Qatar. Representatives from more than 60 countries attended the three-day gathering, which was hosted by the Qatar Stock Exchange (QSE). WFE Chairman and CEO Juan Pablo Cordoba closed the meeting and invited Qatar to attend the 56th General Assembly and Annual Meeting. Read More »

The Central Bank of Bahrain (CBB) offered the public the opportunity to buy a wholly uncut sheet of Bahraini 5 dinar banknotes Thursday. The uncut sheet of 5 dinar banknotes comes from the fourth issue of the Bahraini currency, which was released in March of 2008. They are still in circulation. CBB offered up to 500 sheets for sale and costs approximately $600. Read More »