Qatar Financial Centre Authority names chief economic adviser

The Qatar Financial Centre (QFC) Authority recently named Haitham Al-Salama to its newly created position of chief economic adviser. Al-Salama will work with in the QFC Authority's CEO's office and be responsible for developing business and financial economic strategy for the QFC, a platform that allows firms to capitalize on opportunities in Qatar and the wider region. Read More »

Dubai planning for 13% annual growth in medical sector until 2021

In a region that's quickly modernizing, one of the Gulf area's primary cosmopolitan cities, Dubai, is determined to grow its health care system to the point where it offers medical tourism to the global community. Dubai authorities are announcing that with an investment of over $272.2 million last year, they expect to welcome around 1.3 million medical tourists within the next five years. Read More »

Oman imposes hefty hike in tobacco tax

Reports from Oman indicate the government has hiked tobacco taxes up to double the previous amount – after a tax freeze on tobacco products lasting 17 years. A Sept. 21 press release said some form of a tax increase on tobacco has been in the works for six years, but in November 2015, various Gulf leaders acted decisively to approve the outsized tax on cigarettes and other tobacco products. Read More »

Qatar Chamber looks to strengthen Economic relationships with EU

Economic relationships between Qatar and the EU was the focus of a meeting recently held at Qatar Chamber of Commerce and Industry (QCCI) headquarters. First Secretary for Trade and Economic Affairs of the Delegation of the European Union in GCC Lucie Berger and QCCI Vice Chairman Mohammed bin Ahmed bin Tawar met to discuss bringing together businessmen from the two sides. Read More »

Eid al-Adha celebrated by Muslims all over the world

You might not have know it from observing most American communities Sept. 11-15, but this period included an important holiday celebrated by millions of people around the world –  Eid al-Adha, a major Islamic holiday. The theme of Eid al-Adha is one of sacrifice – the holiday derives from the story of Abraham and his son, who, in Judeo-Christian lore is Isaac and in the Islamic world, Ishmael. Read More »