Back2Business Oman wraps up third networking event

Business representatives, social media experts, investors and professionals across the Gulf region came together to attend the third Back2Business Oman. Organized by numerous nonprofit business councils, including the Oman American Business Center, Back2Business Oman is the biggest business networking event in the sultanate and attracts companies from a variety of sectors. Read More »

Henyep Group rebrands itself as Henyep Capital Markets Ltd

Henyep Group, an industry leader in capital markets trading, has been rebranded as Henyep Capital Markets Ltd. (HYCM DIFC) to unify its UAE operations and reflect the financial products offered by the company. “HYCM DIFC has now entered its 10th year of successful operations within the DIFC (Dubai International Financial Center),” Senior Executive Officer Roger Bach said. Read More »

Fully furnished penthouse apartment available in Abraj Al Lulu

A two-bedroom fully furnished penthouse apartment in Abraj Al Lulu is being listed at $244,031.The apartment offers 1,399 square feet of living space, a fully equipped kitchen and living and dining spaces. Both bedrooms have en suite bathrooms and there is also a guest bathroom. Each bedroom has built-in wardrobes and the apartment is equipped with centralized air conditioning. Read More »

L&T Capital Markets expands operations in Dubai

L&T Capital Markets Limited (LTCML), which had been functioning as a representative office in the Dubai International Financial Center, said it is opening a wealth management services division in Dubai. The Dubai Financial Services Authority has approved the company's plan to expand its presence in Dubai by elevating LTCML’s license as a representative office to a Category 4 license. Read More »

Azerbaijan, Kazakhstan look to foreign investors in wake of low oil prices

To combat low oil prices, Azerbaijan and Kazakhstan are considering tactical moves to entice foreign investors and increase revenues, representatives of the two countries said at the recent CIS Global Business Forum in Dubai. Azerbaijan Deputy Minister of Economy Sahil Babayev said falling oil prices indicate an opportunistic time for his country to delve into diversification options.  Read More »

Bahrain chamber panel discusses plan to establish Telecom Academy

In its first meeting of the year, the information and communication technology (ICT) committee of the Bahrain Chamber of Commerce and Industry hosted Aisha Murad, chief of scientific research development at the Secretariat General of the Higher Education Council. The committee also discussed involving government agencies in its plan to found a Telecom Academy in Bahrain. Read More »

USFAAF's Jeddah branch launch party discusses U.S. tax laws

During the launch party of the Jeddah branch of the U.S. Financial Advisory and Audit Firm, the company's senior vice president addressed the issue of submitting U.S. tax return documentation by the appropriate date. USFAAF Senior Vice President Jim O'Neill said all Emiratis and GCC nationals having dual citizenship in the U.S. need to submit the information by the due date to avoid legal action. Read More »

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