Following a report that predicted female representation in the professional and managerial ranks will reach only 40 percent globally in 2025, the Gulf Cooperation Council (GCC) expert for Mercer said ensuring women thrive in the Middle East-North Africa region is critical to the region’s economic and social development.  Read More »

Saudi Electricity Company is once again enlisting the help of General Electric (GE) to meet the increasing demands for fast power in isolated areas of Saudi Arabia's grid. The Saudi Arabia-based electricity utility company has ordered six gas turbine packages for its existing power plants in Jizan and Tabouk. The turbines can serve as emergency generators if a power outage occurs. Read More »

Al Khaliji Commercial Bank won four categories in the 2015 edition of the Banker Middle East Qatar Product Awards. The awards recognize banking products and services that are innovative or have successfully delivered in terms of financials performance. Al Khaliji Bank was awarded Best Call Center, Best Corporate Account, Best Current Account and Best Premium Banking Service. Read More »

Secretary General of the Council of Saudi Chambers Khalid Al Otaiby met with Saudi Ambassador to Korea Riyadh Al Mubaraki to discuss trade relations between Saudi Arabia and Korea. Topics discussed included strategies to boost trade, including information exchanges, more business delegations and emphasizing the use of Saudi products by Korean firms working in Saudi Arabia. Read More »

Qatar Chamber member Adel Abdulrahman al-Mannai received a delegation of Swedish trade officials in Doha.The Swedish delegation included the Swedish Ministry of Foreign Trade Ambassador of Trade and Promotion Max Bjuhr and Ambassador to Qatar Eva Polana. The group discussed how to build on trade relations between Sweden and Qatar, focusing on expanding private sector collaborations. Read More »

Representatives from more than a dozen cities and organizations from the Gulf region, Europe and Asia signed a charter Wednesday, the closing day of the World Government Summit in Dubai, aimed at charting a sustainable course for Dubai's development. The charter looks to forge a coalition of collaborative support to help design and lead a more sustainable course for the city. Read More »

A recent meeting by a portion of the members of the Bahraini-Thai joint Business Council of the Bahrain Chamber of Commerce and Industry was geared toward improving business relations with Thailand. Read More »

Peace and promoting responsible integration of culture were the topics discussed during a recent meeting between Khalid Almoayed, chairman of the Bahrain Chamber of Commerce and Industry, and Nejib Friji, director of International Peace Institute (IPI) for the MENA region. Read More »

The Omani Ministry of Commerce held a meeting Feb. 4 at the Oman Chamber of Commerce and Industry to present new industrial investment opportunities in polyoxymethylene, acetic acid, isocyanates, cold-rolled products and ceramic tiles. Read More »

The Al-Ahsa Chamber of Commerce and Industry in Saudi Arabia, headed by Chairman Saleh Al-Afalek, recently made a sizable economic delegation to the Abu Dhabi Chamber of Commerce and Industry, led by First Deputy Chairman Ibrahim Al-Mahmoud. Read More »

The recent sale of Jordan Kuwait Bank by Burgan Bank Group (BBG) has created more capital for the company and offered opportunity to expand in the coming years. Read More »

Oman Marketing Inc. will act as the think tank for the real estate and tourism sectors of the Oman Tourism Development Company (Omran). Read More »

Construction in Bahrain was the focus of a recent meeting for the Bahrain Chamber of Commerce Quarters. Read More »

Dubai was ranked as the 16th most innovative city by a recent index designed to compare 28 global cities on macroeconomic measures of innovation. Read More »

Qatargas 2, a joint venture between Qatar Petroleum, ExxonMobil and Total, has entered into a deal to provide liquified natural gas (LNG) to Pakistan State Oil (PSO) over the next 15 years. Read More »

In a recent interview with CNBC Arabiya, Kuwait Finance House (KFH) CEO Mazin Al-Nahedh explained that KFH continues to focus on long-lasting profitability and gave financial results from 2015. Read More »

The Middle East Rail event, scheduled to take place March 8 and 9 in Dubai, will feature work by international engineering company Sener. Read More »

The Africa-Arab Partnership recently hosted a three-day event with continuous meetings discussing trade, investment, transport, communication and energy. Read More »

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 »

The Saudi Authority for Accredited Valuers (Taqeem) had an active role in the third forum of organizing religious endowments. Authority Secretary General Issam Al Mubarak was scheduled to deliver "The Valuation Authorities and their Roles in Maintaining Endowments" worksheet on Monday, the second day of the two-day forum being in Riyadh.  Read More »