GE Energy Management presented new smart grid capabilities at the Saudi Arabia Smart Grid 2015 conference and exhibition in Jeddah this week. "The outdated, one-way, linear, passive approach in power delivery is now evolving toward an open, interactive, interconnected model," GE Saudi Arabia and Bahrain President and CEO Hisham Al Bahkali said. Read More »

National Aluminium Products Co. (NAPCO), an aluminum manufacturer based in Oman, will work in tandem with aluminum system designing company ProfilsSystemes Gulf FZCO on a major mixed-use development in Oman. NAPCO will be working with ProfilsSystemes, a French company headquartered in Dubai, on the Saraya Bandar Jissah development that will boast resort-style living. Read More »

ADNOC Distribution, a United Arab Emirates-based chain of service stations and car care centers, is giving away more than $1 million in prizes during a promotional campaign that began last week. The campaign will run through March 1. For every $50 an ADNOC customer spends at a lube change branch, he or she will receive a raffle coupon to be entered into a drawing for prizes. Read More »

Dubai Chamber of Commerce and Industry CEO and President Hamad Buamim thanked Dubai Chamber International Offices Director Omar Khan and his staff for supporting the Dubai chamber's new investments, projects and initiatives aimed at improving connections to other chambers in the Gulf Cooperation Council, Commonwealth of Independent States and Africa. Read More »

Strengthening its economic connections to Brazil, Saudi Arabia recently inked an agreement after a nearly three-year hiatus to open up trade channels between the two nations once again for beef exports. Read More »

In an effort to increase trade opportunities between the United Arab Emirates (UAE) and Greece, officials from the Abu Dhabi Chamber of Commerce and Industry recently met with a Greek trade delegation. Read More »

Story CopyTwo years after his death, the memory of Kuwaiti physician Dr. Abdulrahman Al-Sumait, a dedicated humanitarian who dedicated his life to helping Africa's poor, is being kept alive through a national initiative aimed at boosting the continent's efforts in the areas of food safety and sustainability. Read More »

The Dubai Chamber of Commerce and Industry is committed to recognizing businesses that incorporate social responsibility and sustainable practices into their operations. To that end, the chamber hosted a ceremony on Dec. 8 to honor 10 of its member businesses with the Corporate Social Responsibility (CSR) Label award. Read More »

The Mannai Heavy Equipment Group (HEG) hosted a regional after sales conference in Qatar, bringing together dealers of DAF Trucks from across the Middle East and Africa in November. Read More »

The Dubai Electricity and Water Authority (DEWA) will be serving as a strategic partner for the International Women’s Forum Dubai, which will be held in February. This forum will be focused on innovation: DEWA intends to showcase developments in sustainable energy in the UAE. Read More »

Ooredoo Group, a Qatar-based communications company specializing in mobile, fixed, broadband and Internet services, and France-based Alcatel-Lucent, a company providing IP networking, ultra-broadband access and cloud technology services, have entered into a frame supply agreement. Read More »

Al Riwaq's Art Space is hosting The Nest 2015 exhibition from Dec. 10 to Jan. 9. The Nest 2015 focuses on the theme of repetition. The exhibition is an exciting and vibrant part of the showcase of the latest talents from Bahrain and the surrounding region. Read More »

Bank Nizwa was named the "Best Performing Islamic Bank in Oman" during the 22nd Annual World Islamic Banking Conference (WIBC) held earlier this month. The award recognized the bank for achieving excellence in financial stability, financial performance, governance and social responsibility. Read More »

Representatives from Microsoft used this year's E-Government Forum (EGOV3) in Kuwait as a chance to show potential customers how Microsoft products could help them with services like cloud computing, analytics and increased mobility. Read More »

EMEA Finance named the National Bank of Fujairah (NBF) the UAE’s top local bank at the magazine's Middle East Banking Awards. NBF won the Best Local Bank UAE award because of the financial institution’s firm standing as a regional business bank, the magazine said. The annual banking awards ceremony is held by EMEA Finance, a regional financial magazine. Read More »

Qatar Fuel marked a milestone recently with the opening of its 30th service station. The new station in Doha's Al Rayyan area features a Sidra convenience store and Kenar shop. On hand for opening festivities was Qatar Fuel CEO Ibrahim Jaham al-Kuwari. The new station is the seventh opened this year by the company. By 2020, company officials hope to have opened 100 stations. Read More »

Dubai-based real estate investment and development company Azizi Developments aimed at drawing in more investors from Kuwait at last week's Cityscape Kuwait real estate event and exhibition. Azizi Developments highlighted a number of its major projects at the Kuwaiti exhibition, where more than 70 real estate exhibitors from around the region showcased investment opportunities. Read More »

The United Arab Emirates has entered into a new agreement to collaborate on sustainable agricultural and animal-raising initiatives with the Palestinian Authority. The deal came in the form of a memorandum of understanding between UAE Minister of Environment and Water Rashid Ahmed Bin Fahad and Palestinian Authority Minister of Agriculture Sufian Sultan Al-Tamimi. Read More »

More than 600 banking and finance executives were in Doha recently to discuss the diversification of Qatar’s economy at the Euromoney Qatar Conference 2015. Speakers highlighted a number of ways Qatari leaders are pushing the nation toward a more stable, successful and diversified economy that doesn’t depend on a massive inflow of oil money to remain liquid. Read More »

Atbahrain, a business offering custom tourism packages for visitors to Bahrain, said it is taking part in the second annual Shop Bahrain shopping festival, set for Dec. 24 to Jan. 23. Atbahrain plans to unveil new packages for the festival, which is aimed at bringing people to Bahrain's varied retail shops and luxury shopping malls for the 30-day event. Read More »