Aiana Hotels plans open its first Saudi Arabia hotel in Mecca

Qatar-based hotel management company Aiana Hotels & Resorts said this week that its first Aiana hotel in Saudi Arabia will open later this year in Mecca, providing direct access to the Masjid Al Haram. "Kingdom of Saudi Arabia is a key market for Aiana Hotels & Resorts and we are honored to open our first property in the Holy City of Mecca," Aiana Hotels & Resorts CEO Amruda Nair said. Read More »

Saudi, British business council leaders discuss plan for economic growth

Council of Saudi Chambers Chairperson Abdulrahman Al Zamil met with Saudi-British Joint Business Council Co-chair Elizabeth Symons to discuss mutual relations between Saudi Arabia and Britain and to develop ideas on how to better collaborative efforts between the two countries. Cooperation in developing programs aimed to better education, health and training was also discussed. Read More »

Al Sawari, Uniform Italia form company to manufacture uniforms in Qatar

Al Sawari for Industries and Uniform Italia signed a memorandum of understanding last week to form a joint venture to initiate a factory in Qatar to manufacture uniforms for a variety of industries. Al Sawari Holding Chairman Sheikh Turki bin Faisal Al Thani and Uniform Italia CEO Arnaldo Usai signed the memorandum to invest $35 million in the joint venture.  Read More »

AbbVie, Benchmark Middle East partner to raise awareness of painful skin condition

Biopharmaceutical company AbbVie recently teamed up with Benchmark Middle East in organizing an advertising competition in Dubai to increase awareness of the rare skin disease hidradenitis suppurativa. The Young Lynx Print Competition in Dubai called upon advertising executives under the age of 30 to come up with a creative solution to raise awareness of this health condition. Read More »

Conares adding 12-inch pipe mill to increase annual steel production

Conares, the UAE’s second largest private steel manufacturer, has started installation of a 12-inch pipe mill at its Jebel Ali Free Zone facility as it works toward increasing its annual steel production to 1 million tons. “We are enhancing our pipe manufacturing facilities and the new size range of the product will be from 4 inches to 12 inches,” Conares CEO Bharat Bhatia said. Read More »

Qatar Mobility Innovations Center launches Internet of Things platform

Qatar Mobility Innovations Center (QMIC) recently launched Labeeb IoT, the first Internet of Things (IoT) platform ever developed in the region. Labeeb IoT, paired with extensive sets of development kits, will enable creation of new services and applications across different vertical markets. It initially will target research centers and startups in the region. Read More »

Kuwait Finance House named Best Islamic Bank in Kuwait

Islamic Finance News magazine recently honored Kuwait Finance House ( KFH ) with awards as "Best Islamic Bank in Kuwait 2015" and awards for Kuwait deal of the year and Turkey deal of the year. KFH Deputy General Manager of Private Banking Abdullah AlMejhem said KFH ' has been a leader in Islamic banking and highlighted the bank's efforts in expanding in varied markets. Read More »

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