Leaders on the General Council for Islamic Banks and Financial Institutions (CIBAFI), the worldwide umbrella covering Islamic financial institutions, held their second roundtable meeting in Saudi Arabia. The meeting brought together leaders from the Islamic Development Bank to resolve difficulties for financing for the Islamic micro and small and medium sized enterprises. Read More »

India Ambassador to Saudi Arabia Ahmed Javed and the leaders from the Council of Saudi Chambers (CSC) recently discussed developing approaches to improve and strengthen the trade relations between the two nations. CSC Chairperson Abdulrahman Al Zamil began the meeting by emphasizing that the two nations have distinguished strategic relations that unite them. Read More »

The Qatar Chamber is building on the success of the first edition of the "Made in China" exhibition in Doha with a second edition, scheduled for Nov. 15-18, that will feature more space and more participating Chinese companies. The Qatar Chamber, in collaboration with the Embassy of Qatar in China, has begun a promotional campaign in Beijing for the second edition of exhibition. Read More »

A recent meeting between leaders of the tourism sector committee of the Bahrain Chamber of Commerce and Industry (BCCI) and the Asharqia Chamber of Saudi Arabia aimed to expand tourism in both kingdoms. Sufyan Al Moayyed, head of the BCCI tourism committee, visited the Asharqia Chamber to discuss ways of stimulating tourism. During the visit, the committee explored different projects., Read More »

Located in Dubai's Palmera Community Arabian Ranches development, this spacious and well-appointed villa features a flowing floor plan with 2,936 square feet of living space and stylish, high-end finishes throughout. The villa has inviting living and dining areas, a tasteful kitchen with striking countertops and handsome cabinetry and three generously sized bedrooms. Read More »

The Dubai Chamber of Commerce and Industry kicked off the fifth Dubai-Hamburg Business Forum on Tuesday with a slate of speakers holding four discussion panels to inform people about public sector solutions in the logistics, smart urban living, energy and health industries. The forum is a joint initiative of the Dubai chamber and the Hamburg Chamber. Read More »

The UAE Ministry of Interior and the Abu Dhabi Police General Headquarters signed a series of contracts amounting to well over $272 million at the recent International Exhibition for National Security and Resilience (ISNR Abu Dhabi 2016), a platform dedicated to homeland security, safety and national resilience held in Abu Dhabi. Read More »

Winners of the 2016 Oman Air Media Awards were honored during ITB Berlin,the world’s leading travel trade show. The awards recognize exceptional work among the German and Switzerland media pertaining to travel-related writing about Oman Air and the Oman area. "We would like to offer our sincere congratulations to each of the four winners," Oman Air CEO Paul Gregorowitsch said. Read More »

Gulf Sotheby’s International Realty has listed a corner unit apartment in Sky Court Towers on Al Reem Island for $541,647. Originally constructed as a two-bedroom apartment, this 1,338-square-foot unit has been converted into a single bedroom apartment. If the contemporary design and open living space don’t draw you in, the views of the Persian Gulf and Abu Dhabi will. Read More »

Telecom company Zain Bahrain presented micropreneurs participating in the second edition of "Kun Muntijan" with voice and data packages and support hardware tailor-made for startups with low cash flow. Zain Bahrain recently revamped its corporate social sustainability program and participates in events like "Kun Muntijan" to carry on its commitment to youth empowerment and innovation. Read More »

Manthan, a business intelligence and big data analytics solutions company, is strengthening its reach in the Middle East by partnering with Kuwait Application Service Provider (KASP). Manthan hopes to take a portion of the big data market in the Middle East, which is projected to reach $12.3 billion by 2020. KASP has a presence in a variety of industries, making a strong partner for Manthan. Read More »

Nationwide Middle East Properties has listed a three-bedroom, five- bathroom apartment, perfect for a growing family, in the Sham’s Gate District on Al Reem Island for $598,965. The 1,580-square-foot apartment, located in Gate Towers, has stunning views of the ocean and marina, an open-plan living with a dining room and a fully equipped modern kitchen. Read More »

Guinea President Alpha Conde and his delegation met with members of the Saudi business sector at the Council of Saudi Chambers to discuss economic cooperation between the two countries. Conde encouraged Saudi investors to explore opportunities in Guinea to create partnerships in agriculture, mining, manufacturing and tourism, pointing out incentives Guinea offers to foreign investors. Read More »

Siemens outlined the use of technology to decrease production and operational costs in the Oman oil and gas sector at the Oil & Gas West Asia Exhibition and Conference in Muscat. The company detailed its ongoing efforts within the sultanate to be more accepting of the use of advanced technologies in the oil and gas industry and how it can help companies endure current oil prices. Read More »

The Mohammed bin Rashid Space Centre (MBRSC), based in the United Arab Emirates, placed an order this week for Mitsubishi Heavy Industries Ltd. (MHI) H-IIA launch services for the launch of the Emirates Mars Mission’s Hope spacecraft. Hope is slated for launch in 2020 on MHI's H-IIA launch vehicle and is expected to arrive at Mars in 2021. Read More »

UAE-based telecommunications service provider du's subsidiary, datamena, revealed its association with Epsilon Telecommunications to further extend Epsilon’s cross-border connectivity capabilities to their international clients.This deployment enables Epsilon customers to directly connect with CloudLX, a newly launched on-demand Ethernet connectivity portal. Read More »

Here’s your chance to live on Amwaj Island; a large villa is now available for $955,033. The four-bedroom, five-bathroom villa offers breathtaking sea views from the spacious living room. The open, fully equipped kitchen is great for entertaining. Each of the four bedrooms has its own bathroom. The apartment is decorated in neutral tones. Read More »

A lack of what Ambareen Musa, founder of Souqalmal.com, calls financial literacy in Saudi Arabia has sparked the company to focus on educating the general public about retail banking and personal finance. Read More »

The law firm of Clifford Chance will be advising the Kuwait National Petroleum Company (KNPC) on its Clean Fuels Project (CFP), the first time that KNPC has looked to access debt markets.The CFP is intended to upgrade Kuwait’s refineries at Mina Abdulla and Mina Al-Ahmadi. The CFP will see the two refineries transformed into an assimilated commercial refining complex. Read More »

The Oman Ministry of Tourism launched a mobile tourist vehicle project at Port of Salalah in an effort to develop small and medium businesses that add to the growth of tourist sites. The project will involve two vehicles selling traditional craft projects, two vehicles selling Omani foods, two vehicles selling fruit juices and one vehicle providing information and tourism services. Read More »