Ooredoo and Huawei have decided to team up to open a next-generation innovations lab in Qatar. A Memorandum of Understanding agreement was signed by Waleed Al Sayed, CEO of Ooredoo Qatar, and Eric Xu, rotating CEO of Huawei. Read More »

Karolinska Development's portfolio company, Dilaforette, recently entered into an collaboration agreement with Arabian Gulf University (AGU) for phase-two clinical development of sevuparin for sickle cell disease. Read More »

Etihad Airways signed Citi as its international cash management bank partner this week. The airline will be able to obtain better control of its cash management operations, while reducing costs, through the automated treasury tools offered by Citi's financial technology. Read More »

Kuwait's top-performing service providers for 2015 were recently announced by Service Hero. Service Hero is the only completely consumer-powered customer satisfaction index in the Arab world. Read More »

The Oman Racing Team recently announced a new commercial partnership with Omantel specifically geared toward the countdown to racing champion Ahmad Al Harthy’s 2016 racing season. The announcement recognizes one of two of the new partners backing the Aston Martin Middle East and North Africa Ambassador this year. “It is such an honor to be partnering with Omantel,” Al Harthy said. Read More »

Hunt and Harris Rentals is offering a great investment for those who are looking for rental income - a two-bedroom apartment in the Al Ramth area of Dubailand for $234,144. The unfurnished apartment offers 1,009 square feet of living space with an open-plan kitchen, built-in wardrobes and a view of the Al Ramth area. There is parking allotted for a single vehicle. Read More »

The Ajman Tourism Development Department (ATDD) launched “Sincerely Emirati,” the slogan of the emirate’s new destination brand, at the recent ITB Berlin travel trade show. Several top hotels in the hospitality industry will partner with ATDD General Manager Faisal Al Nuaimi to lead the brand including Ajman Saray, Fairmont Ajman, Kempinski Hotel Ajman and The Ajman Palace Hotel. Read More »

A furnished, stand alone villa available for purchase in the Al Thumama neighborhood of Doha is being listed by Sharq Assets Management and Real Estate for $2.41 million. The villa features more than half a dozen bedrooms with en suite bathrooms, multiple kitchens, a majlis and a living room. There’s plenty of space for entertaining in this 7,534-square-foot home.  Read More »

In recognition of its endeavors for human resource management excellence, DHL Middle East won the Top Employer Global 2016 certificate awarded by the Top Employers Institute to organisations that achieve the highest standards of excellence in employee conditions. DHL Middle East won this honor for the second straight year thanks to its human resource management programs. Read More »

Oberthur Technologies (OT), a leading French digital security company, recently was selected by Kuwait’s Boubyan Bank to offer its first contactless payment cards. OT’s contactless payment system is a non-cash payment transaction that does not require a physical connection between the consumer payment device and the physical point-of-sale (POS) terminal.. Read More »

The most recent stage of the successful United Arab Emirates-Pacific Partnership Fund (UAE-PPF) involved completing a solar power project in Vanuatu in the South Pacific. This is the sixth Pacific project that is designed to improve local energy security as well as economic growth. The initiative is under the management of Masdar, a renewable energy company based in Abu Dhabi. Read More »

The Dubai Chamber of Commerce and Industry partnered with the Economist Intelligence Unit to publish “A Common Wealth: Building Gulf-CIS Ties” to emphasize investment opportunities in trade relations between the Gulf region and the Commonwealth of Independent States (CIS). The chamber has a significant role in providing investors with data and information for the private sector. Read More »

The Dubai International Arbitration Centre (DIAC) recently released its important provisions and action plan for the next several months. The DIAC board discussed details about implementing the Islamic arbitration window in order to meet the growing demand of the Islamic economy. The initiative would also encourage efforts to make Dubai the worldwide capital of the Islamic economy. Read More »

Mubadala Development Company Managing Director and Group CEO Khaldoon Al Mubarak addressed the Global Aerospace Summit in Abu Dhabi last week and said that although the Gulf region faces ongoing economic tests, the UAE will not diverge from its long-term plan to expand business. Al Mubarak said the UAE is an “oasis of security in this region” at the summit hosted by Mubadala. Read More »

Saudi Arabia saw softwood lumber imports increase 24 percent between 2014 and 2015, Woodstat, a statistics firm that tracks changes in the forestry and lumber industries around the world, recently reported. Organizers of the Dubai WoodShow 2016, the Middle East’s biggest trade fair for wood products, attribute the rise to the increase in demand for wood furniture and construction. Read More »

In order to mitigate mounting cybersecurity challenges in the Middle East, DarkMatter, based in the Unite Arab Emirates (UAE), recently partnered in the introduction of an advanced voice and chat application to facilitate a highly secure communication environment for government agencies and commercial entities in the region. Read More »

The Qatar Tourism Authority estimates that the Qatar tourism industry will reach $7.2 billion by 2025, based on the country seeing 3 million visitors in 2015 and expecting 4 million by 2020. The growing industry is expected to increase tourism's GDP contribution in the next 10 years. Experts also expect significant investments for hotel pipeline, rail network and leisure facilities. Read More »

Grandstream Networks, which offers SIP unified communication solutions, recently partnered with Baud Telecom, the leading supplier for integrated solutions in Saudi Arabia, to expand Grandstream’s footprint in Saudi Arabia. Installers, resellers and integrators in Saudi Arabia can use Grandstream and Baud Telecom as their local source for SIP unified communications solutions. Read More »

Space and aviation industry leaders in Saudi Arabia and India said their industries are good opportunities for foreign direct investment projects. "For those people who have cash in their pockets, this is the time to move into the kingdom," Abdulmohsen Aynousah, director of technical sales and marketing for Saudi Aerospace Engineering Industries, said. Read More »

Your dream home may be in Lusail City, north of Doha’s West Bay Lagoon. A two-bedroom luxury apartment in the Burj DAMAC Waterfront apartment complex is being listed by DAMAC Properties for $858,172. The furnished apartment offers views of the sea from two separate balconies. Residents will be able to take advantage of concierge and reception services, 24 hours a day. Read More »