Omantel, Xtera join effort to build Gulf to Africa cable system

Omantel and Xtera Communications Inc. announced a supply agreement that will result in the construction of the Gulf to Africa (G2A) system, a new submarine cable system connecting Oman, Puntland and Somaliland. Omantel and Xtera Communications said the G2A system will better the connectivity costs in Africa and add capacity to an underserved and quickly expanding region. Read More »

Dubai chamber's report highlights opportunities in Africa for Gulf investors

The Dubai Chamber of Commerce and Industry, in collaboration with The Economist Intelligence Unit in the UAE, published a report that looks at Gulf investment into Africa and sheds light on the continent's most promising noncommodity sectors. The findings are based on desk research and interviews, Dubai Chamber of Commerce President and CEO Hamad Buamim told Gulf News Journal. Read More »

BP, Oman reach gas field development agreement

BP said it has reached an agreement with Oman Oil and the government of Oman that would facilitate further development of the Khazzan gas field. “I am delighted to see BP taking additional acreage that will result in realizing more gas reserves and more production of gas that our country needs to support our energy planning and requirements,” Oman Minister of Oil and Gas Mohammed Al Rumhy said. Read More »

Properties available in Muscat, Madinat Al Sultan Qaboos and Durrat Al Bahrain

A Tombazis villa in The Wave is a great option for those seeking privacy and space.The villa, listed by Better Homes LLC for $922,317, features large, open living spaces and a fully glazed atrium. The villa also has a fully fitted kitchen with modern appliances. Upstairs, there are three bedrooms. The master has walk-in wardrobes, an en suite bathroom and a large balcony. Read More »

Council of Saudi Chambers discusses trade relations with Albania mayor

Council of Saudi Chambers Secretary General Khalid Al Otaiby met with Mayor Erion Veliaj of Tirana, Albania, to discuss areas of economic collaboration between the two countries. The two leaders sought to emphasize the important relations that unite Albania and Saudi Arabia. The goal of the meeting was to sustain and build on these relations with ongoing delegation exchanges. Read More »

Dubai International Arbitration Center welcomes Kazakhstan minister

The Dubai International Arbitration Center (DIAC) welcomed Kazakhstan Minister of Justice Berik Imashev to Dubai to discuss trade dispute settlements and to facilitate cooperation, the Dubai Chamber of Commerce and Industry said this week. The DIAC, part of the chamber, specializes in offering alternatives to court settlements to regional and international businesses. Read More »

Medtronic unveils Valleylab energy platform in Dubai

Medtronic unveiled its Valleylab FT10 energy platform aimed at helping surgeons increase their efficiency when performing critical patient procedures during the Arab Health Exhibition and Congress in Dubai. The platform can determine and precisely deliver the level of energy required during delicate surgical techniques. The platform is expected to be available in Kuwait next month. Read More »

Commemorative stamps mark Dubai chamber's 50th anniversary

The Emirates Post Group is celebrating the 50th anniversary of the Dubai Chamber of Commerce and Industry's creation with the release of commemorative stamps. “This launch not only marks the golden jubilee of the chamber but reflects on its role as a leading business facilitator and contributor to the emirate’s remarkable growth," Dubai Chamber President and CEO Hamad Buamim said. Read More »

Dilaforette, Arabian Gulf University partner for clinical trial of sickle cell disease treatment

Swedish biotech company Dilaforette AB will partner with Arabian Gulf University (AGU) in Bahrain to conduct a Phase 2 clinical trial of sevuparin, a medication for patients with sickle cell disease (SCD) experiencing acute vaso-occlusive crisis. “Our collaboration with Dilaforette is a landmark moment for both parties,” AGU President Khalid bin Abdul Rahman Al-Ohaly said. Read More »

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