UAE's Digital Rock Physics Project takes a close look at how to improve oil flow

The Digital Rock Physics (DRP) Project, undertaken as part of a partnership between the Masdar Institute of Science and Technology in the United Arab Emirates, the Abu Dhabi National Oil Company (ADNOC), the Petroleum Institute and a number of other organizations, hopes to change energy exploration by making the collection of raw materials much more efficient. Read More »

Bahrain chamber initiative to reward students for innovative business ideas

A new initiative from the Entrepreneurs Committee of the Bahrain Chamber of Commerce and Industry will offer cash awards for the top business ideas submitted by Bahrain Polytechnic students. The students whose ideas are chosen will be recognized during the first edition of the Future Entrepreneurs Award, which will concentrate on the IT and electronics industries. Read More »

Oman's Bank Nizwa celebrates milestone year

Bank Nizwa, Oman’s first dedicated Islamic bank, told its shareholders at its recent annual general meeting that 2015 was a milestone year and the bank reached a break-even point in addition to growing its financing portfolio by 99 percent compared to the prior year. Bank Nizwa Chairman Sayyid Amjad bin Mohammed Al Busaidi presented the financial performance for 2015 at the meetin Read More »