Located in Dubai's desirable Fox Hill residential development, this stylish, upgraded apartment features a spacious open floor plan with 3,292 square feet of living space and attractive details throughout. Large windows offer stunning views of the Autodrome. The apartment features a large living and dining area, a modern kitchen and three sizable bedrooms. Read More »

Central Bank of Bahrain Governor Rasheed Mohammed Al Maraj issued a decree on property development management, appointing a secretary of real estate development in compliance with a 2014 law for more effective oversight. The resolution pertains to the administration of real estate development escrow accounts and financial agencies involved in future property development projects. Read More »

Heriot-Watt University, a university with campuses in the United Kingdom and Dubai, said it will work with Universities Scotland, Universities UK (UUK) and other universities to influence exit negotiations after the U.K.'s vote to leave the European Union (EU). Heriot-Watt, a global university, noted that nothing will immediately change as a result the referendum decision. Read More »

Oman Air said it will continue to support the Ministry of Social Development’s (MOSD) initiatives and will look to grow programs that support people with special needs and those with low incomes. “As the national airline of the sultanate of Oman, Oman Air is proud of its role in working with the MOSD to improve the life of our nation,” Oman Air CEO Paul Gregorowitsch said. Read More »

Maersk Line CEO Soren Skou has been chosen to head parent company A.P. Moller-Maersk Group, a global conglomerate, which maintains a regional office in Bahrain and operates five core businesses across the shipping, logistics and energy industries. "I am excited about the opportunity to lead A.P. Moller-Maersk into the next phase of our strategic development," Skou said. Read More »

Qatar Chemical Company (Q-Chem) said it recently received the President’s Award for Operational Excellence (OE) in the large petrochemical manufacturing facility category of the 2015 Chevron Phillips Chemical Company LLC award program. Chevron Phillips Chemical presents the annual award to the “best of the best” of its facilities and company affiliates. Read More »

Qatar Islamic Bank (QIB) opened three branches in the evening hours of the second day of Eid for customers’ convenience. Qatar’s leading Islamic bank said The Gate Mall, Dar Al Salam and City Centre branches opened the second day of Eid according to regular banking hours. All 31 branches resumed their normal operating hours in the morning and evening shifts after Eid. Read More »

The Accounting and Auditing Organization for Islamic Financial Institutions will host the 11th edition of the World Bank Annual Conference on Islamic Banking and Finance on Nov. 6-7 in Bahrain. Islamic Finance in the Post-Oil Economic Scenario will be the theme of the conference, being held in collaboration with the World Bank and under the auspices of the Central Bank of Bahrain. Read More »

Gulf Sotheby’s International Realty has listed a luxurious studio apartment in the 29 Burj Boulevard complex in downtown Dubai for $353,972. Located in Tower 2 of the Burj Boulevard development, the apartment has a single bathroom and offers 473 square feet of living space and a balcony with a breathtaking view, a great spot for a cup of coffee to start the day. Read More »

The Bahrain Institute of Banking and Finance (BIBF) took part in the recent Gulf Cooperation Council (GCC) Commission of Banking Institutes and Colleges meeting in Saudi Arabia that focused on the exchange of experience and knowledge between institutes in the Gulf region and the development of ways to support banking and finance education. Read More »

Qatar Computing Research Institute said a report by three academics explained why more and more researchers are headed to Qatar. The report analyzed 77 countries’ research bases to discover how many publications each produces. One finding is that more researchers are coming to Qatar than leaving the country, which suggests that the country is a top destination. Read More »

Boeing said it will source carbon fiber pre-impregnated (prepreg) composite material for the Boeing 777X from a new joint venture in the U.A.E. formed by Abu Dhabi-based Mubadala Development Company and Solvay. Boeing is the first customer for the Mubadala-Solvay joint venture, which will make composite material for the 777X empennage and floor beams. Read More »

Higher Colleges of Technology (HCT) - Dubai Women’s College (DWC) recently held its first award ceremony to recognize faculty and staff for their contributions throughout the 2015-16 academic year. DWC Director Tarifa Al Zaabi oversaw the event and shared a report on the college’s overall achievements. The report preceded updates for the college’s academic and service departments. Read More »

Gulf Cooperation Council nations are planning a radical shift in tax policy, with the U.A.E. and Qatar as early adopters of a new value-added tax (VAT), and Kuwait, Saudi Arabia, Oman and Bahrain planning to implement the tax within two years. The pending tax policy is shaking up the accounting market as businesses scramble to secure the personnel they will need to complete paperwork. Read More »

Abu Dhabi University recognized its faculty and staff during a celebration marking the end of the academic year, praising the staff for its contribution in helping the students and school achieve administrative and academic goals and helping the university achieve accreditation from the Western Association of Schools and Colleges: Senior College and University Commission. Read More »

Qatar Airways said this week it has ordered three more G650ER aircraft from Gulfstream Aerospace Corp. The latest order is a part of a 30-aircraft sales agreement between the two companies made in May 2015 and moves Qatar Executive into the space as the largest G650 operator globally. The three aircraft will be added to a fleet of three other identical G650ERs. Read More »

IMG Worlds of Adventure, set to open Aug. 15 in Dubai, will be the biggest indoor theme park of its kind, with major components that will include Cartoon Network- and Marvel-themed areas and the Lost Valley Dinosaur Adventure. DigiPhoto Entertainment Imaging (DEI) has won a contract to provide digital photography services such as souvenir pictures and augmented reality 3-D images. Read More »

This gorgeous and well-maintained villa in Jumeirah Park, Dubai, boasts plenty of room to entertain - indoors and out. Offering 3,063 square feet of living space, the villa has an open floor plan with an extended living area and large reception room as well as a tasteful, well-equipped kitchen, a dining area, a maid's room and a double garage. Read More »

ARIAD Pharmaceuticals recently entered into a deal that gives Dubai-based Biologix FZCo. the rights to distribute blood cancer drug Iclusig throughout numerous countries in the Middle East and North Africa (MENA) region. Under the distribution deal with ARIAD, Biologix can commercialize the drug in Bahrain, Kuwait, Lebanon, Oman, Saudi Arabia, Qatar and United Arab Emirates. Read More »

Qatar-based Ooredoo said its senior unsecured Reg S/Rule 144A notes, with a pricing of $500 million, have been closed successfully. The notes were issued under the $5 billion Global Medium Term Note Program. Any revenue from the sale of the notes will go toward Ooredoo’s general corporate expenses and refinancing the company’s current debts. Read More »