Adding more diversity and capacity to the communication traffic on the route between Asia and Europe, Omantel successfully laid the Asia Africa Europe-1 submarine cable system in Marseille, France. With the deployment of this project, which took a year and a half to complete, Omantel becomes the first GCC telecommunication provider to lay a submarine cable system in mainland Europe. Read More »

Situated in one of Dubai's most prestigious residential development, this stylish villa has a bright and airy open floor plan with 2,650 square feet of living space and beautiful details throughout. The villa's ground floor includes inviting living and dining areas as well as a tasteful eat-in kitchen, a maid's room and a private study. Read More »

Electric cars will become increasingly commonplace in Dubai as the Dubai Electricity and Water Authority's Green Charger initiative, begun in 2014, continues to fall into place, with charging stations planned at strategic locations throughout the UAE. The authority plans to convert to electric cars, stay on point as technology further evolves and encourage sustainable transportation. Read More »

Thumbay Labs, a mainstay of the UAE’s lab industry that accounts for approximately one-fifth of the entire national market share, recently said it plans to open advanced testing facilities, widen its portfolio and further increase its production this year. The company’s strategy will focus on targeting specialized areas such as genetics, women’s health and children’s health. Read More »

Members of the tourism committee of Asharqia Chamber of Saudi Arabia met with Bahrain Chamber of Commerce and Industry Chairman Khalid Al Moayed to discuss ways of boosting tourism and improving the economies of the two countries. The meeting concentrated on the tourism committees of both chambers collaborating their efforts to boost tourism between Saudi Arabia and Bahrain. Read More »

The Dubai Chamber of Commerce and Industry and IBM, under the umbrella of the Dubai Smart City initiative, recently launched the DubaiStartupHub, an online platform on IBM Cloud to support Dubai’s technology and startup ecosystem and provide integrated services and information. It offers a comprehensive search portal with a database and profile of Dubai-based tech startups and investors. Read More »

Fisch Asset Management says changes to bond ratings in Saudi Arabia and around the Gulf could portend greater financial disaster in the region. In a press release last week, Fisch said the top takeaways were that Middle East credit ratings are likely to come under further pressure due to low oil prices and an increase in primary issuance will support market liquidity. Read More »

As part of its strategy to reach out to promising markets, the Dubai Chamber of Commerce and Industry has opened a new international office in Mozambique's capital, Maputo. The new office, which is the fifth international office set up under Dubai chamber’s international expansion strategy, offers an outpost for UAE companies wishing to expand in sub-Saharan Africa. Read More »

Oman Air, known for its cultural stewardship, recently accepted an invitation from Muscat-based College of Banking and Financial Studies (CBFS) to jointly develop entrepreneurship among young Omanis as a gesture of support for aspiring businesses. The airline agreed to act as a strategic partner during the school’s recent Youth Entrepreneurship Competition. Read More »

Bahraini members of the Bahrain Chamber of Commerce and Industry's Bahraini-Turkish Joint Business Council, headed by Ahmed Bin Hindi, recently welcomed stakeholders from the Investment Support and Promotion Agency of Turkey (ISPAT) at the Bait Al Tijjar building in Riyadh. Guests included Turkish Ambassador to Bahrain Hatun Demrir and ISPAT Senior Adviser Mustafa Goksu. Read More »

Omantel has been named among the world's top wholesale operators at the 2016 Mobile Virtual Network Operators (MVNO) World Congress last month.Omantel ranked second in the category of Best Wholesale Operator, behind UK provider EE (part of British Telecom Group). This recognition is the most recent addition to a number of awards and accolades received by Omantel. Read More »

The Dubai Chamber of Commerce and Industry and London-based Clyde & Co. LLP held a professional seminar in the chamber’s auditorium recently to illuminate details behind three recent UAE ministerial decrees. Titled “Latest Developments in the UAE Labor Law,” the event sought to educate constituents about how the decrees can affect private sector employment. Read More »

The Economic Sustainability Forums 2016 aim to bolster the cooperation between the UAE Ministry of Interior's services and the UAE business community to help the country attract more investments. Major General Nasser Lakhrebani Al Nuaimi, secretary general of the Office of Deputy Prime Minister and Minister of Interior, said the forums provide insights into the future of business. Read More »

Located in Dubai's sought-after Golf Tours development, this colorful low floor apartment features a flowing floor plan with 1,418 square feet of living space and beautiful canal views. The gracious living and dining areas feature a bold color scheme and are attached to a tasteful kitchen with striking countertops, handsome cabinetry and built-in appliances. Read More »

A luxury villa in Janabiyah, Manama is listed for $4.7 million. The five-bedroom villa features three bedrooms with en suite bathrooms, including two master bedrooms with en suite bathrooms and dressing areas. The villa's approximately 53,754 square feet of living space includes a large living room space that flows into the dining area and a fully equipped kitchen. Read More »

A first shipment of crude oil, approximately 300,000 barrels, has been completed by Oman Oil Company Exploration and Production LLC (OOCEP).  Read More »

The Islamic Development Bank Group’s IRTI — Islamic Research and Training Institute — is preparing to assess the feasibility of matching United Nations-established sustainability goals as it organizes a May 16 global seminar in Jakarta, Indonesia. Read More »

Dynamic U.S. marketing expert Paul Rand recently addressed over 200 diverse business stakeholders at Sheikh Faisal Center for Entrepreneurship in the Middle East in Doha as part of its entrepreneurship and business development initiative. Read More »

Omanis need only look within to find beauty — within their own country, that is — as the sultanate turns its attention to domestic tourism this year in an effort to appeal to residents with local experiences. Read More »

Placing trust in their new chairman, Bahrain’s First Energy Bank (FEB) board members voted unanimously to appoint experienced banking professional Khaleefa Omair to fill the position following the previous manager’s departure. Read More »