Saudi, British business council leaders discuss plan for economic growth

Council of Saudi Chambers Chairperson Abdulrahman Al Zamil met with Saudi-British Joint Business Council Co-chair Elizabeth Symons to discuss mutual relations between Saudi Arabia and Britain and to develop ideas on how to better collaborative efforts between the two countries. Cooperation in developing programs aimed to better education, health and training was also discussed. Read More »

Al Sawari, Uniform Italia form company to manufacture uniforms in Qatar

Al Sawari for Industries and Uniform Italia signed a memorandum of understanding last week to form a joint venture to initiate a factory in Qatar to manufacture uniforms for a variety of industries. Al Sawari Holding Chairman Sheikh Turki bin Faisal Al Thani and Uniform Italia CEO Arnaldo Usai signed the memorandum to invest $35 million in the joint venture.  Read More »

AbbVie, Benchmark Middle East partner to raise awareness of painful skin condition

Biopharmaceutical company AbbVie recently teamed up with Benchmark Middle East in organizing an advertising competition in Dubai to increase awareness of the rare skin disease hidradenitis suppurativa. The Young Lynx Print Competition in Dubai called upon advertising executives under the age of 30 to come up with a creative solution to raise awareness of this health condition. Read More »

Conares adding 12-inch pipe mill to increase annual steel production

Conares, the UAE’s second largest private steel manufacturer, has started installation of a 12-inch pipe mill at its Jebel Ali Free Zone facility as it works toward increasing its annual steel production to 1 million tons. “We are enhancing our pipe manufacturing facilities and the new size range of the product will be from 4 inches to 12 inches,” Conares CEO Bharat Bhatia said. Read More »

Qatar Mobility Innovations Center launches Internet of Things platform

Qatar Mobility Innovations Center (QMIC) recently launched Labeeb IoT, the first Internet of Things (IoT) platform ever developed in the region. Labeeb IoT, paired with extensive sets of development kits, will enable creation of new services and applications across different vertical markets. It initially will target research centers and startups in the region. Read More »

Kuwait Finance House named Best Islamic Bank in Kuwait

Islamic Finance News magazine recently honored Kuwait Finance House ( KFH ) with awards as "Best Islamic Bank in Kuwait 2015" and awards for Kuwait deal of the year and Turkey deal of the year. KFH Deputy General Manager of Private Banking Abdullah AlMejhem said KFH ' has been a leader in Islamic banking and highlighted the bank's efforts in expanding in varied markets. Read More »

BCCI supports Bahraini women, businesswomen's exhibition

The Bahrain Chamber of Commerce and Industry (BCCI) reaffirmed its support of businesswomen at a news conference held by the Bahrain Businesswomen’s Society to promote the B to B International Businesswomen’s Exhibition. The conference includes workshops, lectures and discussion panels to emphasize the important issues that challenge solutions and businesswomen. Read More »

Saudi business leaders to host visit by India's prime minister

Leaders in the Saudi business and economy sectors are looking forward to hosting a visit from India Prime Minister Narendra Modi, as the meeting will improve the investment and bilateral trade relations between Saudi Arabia and India. Economic relations is crucial to both countries because India depends on Saudi Arabia for more than 20 percent of its national oil imports. Read More »

What You Can Buy

This beautiful apartment in Dubai's Golden Mile, Palm Jumeirah development offers a lovely view of the park. The apartment has a spacious floor plan with 1,787 square feet of living space and includes inviting living and dining areas and a well-appointed modern kitchen. There are also two generous bedrooms with build-in wardrobes, a maid's room and three baths. Read More »

Dubai chamber evaluates UAE’s economic landscape at Diplomatic Circle Dinner

The Dubai Chamber of Commerce and Industry recently hosted its annual Diplomatic Circle Dinner in Dubai to discuss its future direction and current achievements in the United Arab Emirates’ economic landscape. The dinner is part of the chamber's efforts to keep its partners and members up to date about the area’s economic landscape to emphasize its growth. Read More »

Top