Islamic Corporation for the Development of the Private Sector adds to sukuk listings

Islamic Corporation for the Development of the Private Sector (ICD) CEO Khaled Al Aboodi marked the listing of a $300 million sukuk on the Nasdaq Dubai by ringing the opening bell for the market on April 25. ICD functions as the private branch for Islamic Development Bank (IDB) Group, which currently holds seven additional sukuk worth approximately $8.05 billion. Read More »

Impact Estate, Impact Interiors displays dazzle at Bahrain exhibition

Bahrain's Impact Estate and Impact Interiors displayed a rich selection of furniture and accessories complementing the firms’ distinctive architecture at the 2016 Gulf Property Show at Bahrain’s International Exhibition and Convention Center. "We are excited to offer new projects in the best district of Bahrain to our clients,” Impact Estate General Manager Oksana A.K. said. Read More »

Coral Muscat Hotel and Apartments celebrates its opening in Oman

Coral Muscat Hotel and Apartments, owned by Mustafa Sultan Enterprises, recently celebrated its official opening in Qurum during a ceremony that included Oman’s leading dignitaries and business executives. “We are truly proud to announce the opening of Coral Muscat Hotel and  Apartments,” Mustafa Sultan Enterprises Managing Director Abdulredha Mustafa Sultan said. Read More »

Saudi Arabia's Chemsbro signs distribution deal for water treatment product

Saudi Arabian specialty chemical consultant and provider Chemsbro signed an agreement with PWT, a subsidiary of H2O Innovation, for the distribution of its SpectraGuard antiscalant product. Chemsbro supplies will be utilized by seawater desalination facilities. "Chemsbro is delighted to establish a unique relationship with PWT,” Chemsbro CEO Nizar Kammourie said. Read More »

Qatar to host energy, sustainability summit for Gulf nations

Qatar has been chosen to host the Clean Energy & Sustainability Summit in November, sponsored by the Gulf Organization for Industrial Consulting, in association with the Abdullah Bin Hamad Al-Attiyah Foundation for Energy and Sustainable Development, a Qatar-based think tank dedicated to curbing the rise in energy consumption. The convention will be held Nov. 14-15 in Doha. Read More »

What You Can Buy

This lovely villa backs to a pool and park in Dubai's sought-after The Springs residential development. The villa features a spacious floor plan with 2,456 square feet of living space and includes a sizable entrance area, an elegant combination living and dining room and a tasteful kitchen with a breakfast bar. The villa has decorative upgrades throughout.Add Teaser here Read More »

Tejar Dubai Youth Council has new chairman

Saif Ali Al Shafar was appointed as chairman of the Tejar Dubai Youth Council, one of the 46 business councils operating under the umbrella of Dubai Chamber of Commerce and Industry. The council, which aims to unify the voices of entrepreneurs while helping them grow and develop, was launched last year with the support of the Tejar Dubai entrepreneurship development program. Read More »

Ajman Palace Hotel posts strong first quarter, but future of Gulf tourism may not be rosy

The Ajman Palace Hotel in the UAEs showed strong first-quarter revenues for the hotel, but in comments on the region’s tourism industry, some are questioning whether that rosy outlook will continue. Thomas Lippman, an author and journalist specializing in Middle Eastern affairs, believes the tourism business in the general region faces some headwinds. Read More »

Abu Dhabi Businesswomen Council's second entrepreneurship awareness campaign underway

The Abu Dhabi Business Women Council (ADBWC) has begun its second entrepreneurship awareness campaign aimed at encouraging innovation in Abu Dhabi. The campaign, which began April 21 and runs through October under the title "Creativity and Innovation in Business Sustainability in Abu Dhabi," focuses on promoting a culture of entrepreneurship among UAE women. Read More »

National Bank of Kuwait applauds Clean Fuels Project

National Bank of Kuwait (NBK) CEO Salah Al Fulaij said the Kuwait National Petroleum Company's Clean Fuels Project is a boost for the local economy and elevates Kuwait's global standing. Al Fulaij said that NBK’s noteworthy reputation, professionalism and credibility are confirmed through the company’s involvement with the project during a signing ceremony for project financing. Read More »

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