Nautilus Minerals recently welcomed the arrival in Oman of three seafloor production tools (SPTs) that will be used in a Solwara 1 Joint Venture project exploring copper and gold deposits in the Bismarck Sea near Papua New Guinea. The tools arrived at Duqm Port, where they will be subjected to wet testing by  United Engineering Services and Soil Machine Dynamics. Read More »

South Africa and Saudi Arabia officially launched the Bokpoort Concentrated Solar Power Project in the Northern Cape Province. Led by Saudi Arabia-based energy developer ACWA Power, the project will have one of the highest solar radiation footprints in the world. The plant will have the thermal storage capacity to provide power to more than 200,000 South African homes. Read More »

Oman Air recently entered into a cooperation agreement with international car rental and mobility service company Sixt that is expected to be advantageous for customers of both companies. Under the deal, Oman Air customers enrolled in the airline's Sindbad loyalty program will have access to discounts and bonus miles when renting Sixt vehicles through Oman Air. Read More »

Mubadala Development Company and Boeing agreed to work together in an effort to establish innovative research and development (R&D) projects to advance aerospace manufacturing capabilities in the UAE. The five-year agreement between the Abu Dhabi based investment and development company and Boeing ensures that Boeing will have access to Mubadala 's existing R&D ecosystem. Read More »

Detecon Al Saudia Co. Ltd. (Detasad) re-signed and extended its contract with communications satellite services provider Intelsat S.A. for Ku-ban services to supply broadband and Internet access to business networks operating in and near Saudi Arabia. The multiyear agreement allows Detasad to ensure customers have access to the best performing broadband connectivity available. Read More »

The board of directors for Saudi Aramco and Dow Chemical Co. visited the Sadara Chemical Company complex to view the progress of the mega project in Saudi Arabia’s Eastern Province. The chemicals and plastics complex, based in Jubail, is 98 percent finished. The joint venture was first approved four years ago, and experts estimate that it will be fully operational by 2017. Read More »

Ray White International has listed a studio apartment in Dubai Investment Park for $130,683. The 561-square-foot apartment features a built-in wardrobe and a fully outfitted kitchen and offers great views of the community. Residents can take advantage of shared amenities that include a barbecue area, gym, swimming pool and children’s play area. Read More »

Oasys Water, a global leader in developing innovative and sustainable solutions for transforming abused wastewater in industrial markets around the world, recently opened a new office in Dubai to foster industrial water treatment innovations in the Middle East. Read More »

KAMCO Investment Company KSCP, Gulf Bank KSCP and Watani Investment Company KSCC (NBK Capital) have partnered as the joint lead managers for the compliant bonds from Burgan Bank, worth over $332 million. Read More »

The Emirates Intellectual Property Association (EIPA) recently met with the Brand Owners’ Protection Group for the GCC & Yemen (BPG) and signed a Memorandum of Understanding (MOU) about the Intellectual Property Rights (IPR) of the United Arab Emirates (UAE). Read More »

UL, along with the Saudi Arabian Standards Organization (SAS), recently stated that it has made an agreement to encourage UL Standards for Safety usage as Saudi Arabia continues to develop its own national safety standards. Read More »

QNB, a financial institution serving the Middle East and Africa, has recently named the "Best Local Trade Finance Bank in Qatar" by 'Global Trade Review.' Read More »

Gulf International Bank (GIB) U.K. was recently presented with two awards at the 2015 edition of the Global Investor/ISF MENA Capital Markets Summit and Awards ceremony. Read More »

The first shipment of the HL40 display was launched March 15 as part of a three-year distribution agreement between Provision Interactive Technologies Inc. and AOTEX SARL. Read More »

The Dubai Chamber of Commerce and Industry organized the Slovak Investment Seminar that took place on Tuesday, March 15. Read More »

First Bahrain Real Estate Development Company has announced its intention to participate in the Gulf Property Show by debuting El Mercado Janabiya, its neighborhood retail center. Read More »

Promise Technology, along with its distribution partner Business Automation and Security Systems, is showcasing its video surveillance storage solutions this week at the International Exhibition for National Security and Resilience Abu Dhabi. Read More »

The Abu Dhabi Chamber of Commerce and Industry has signed an agreement with the Dubai Chamber of Commerce and Industry to approve certificates of origin issued by the Abu Dhabi Chamber that would allow it to use the World Chambers Federation international label. Read More »

The Dubai Association Center (DAC) has planned an interactive seminar called Going Global: Prospects for Growth as part of its promotion of Dubai as a worldwide association hub. Read More »

The Dubai Chamber of Commerce and Industry has teamed up with the Smart Dubai Office to launch a competition for young entrepreneurs interested in turning Dubai into a smart city. Read More »