Omniyat making progress on development of One Palm project

Dubai-based Omniyat said its flagship One Palm project, located on the left trunk of Palm Jumeirah, reached level three of its cores build. First level slabs are completed, and slabs should be up to level 15 by the end of the year. This will make the complex taller than neighboring developments. Omniyat plans to have the 910,000-square-foot development be unlike anything else in Dubai. Read More »

Qatar Airways to sponsor Union Cycliste Internationale in Doha

Qatar Airways has been named the official airline sponsor of the 2016 Union Cycliste Internationale Road World Championships to be held Oct. 9-16 in Doha. Qatar Airways will provide competitors with flights to Doha in addition to transporting high-performance road bikes to Qatar's capital through the airline's air cargo service. The competition will feature racers from 75 countries. Read More »

India's mCarbon enters Middle East telecom arena with hub in Dubai

The telecommunication sector in the Middle East offers lucrative business opportunities, and many companies are vying to gain a substantial market share by introducing innovative technologies. The latest example of this trend is the entry of India’s leading mobile technology service provider, mCarbon, to the Middle East market by establishing its headquarters in Dubai. Read More »

Panasonic Avionics, Yahsat to explore broadband solutions across the Middle East

Panasonic Avionics and Al Yah Satellite Communications Company (Yahsat) announced a memorandum of understanding (MoU) to jointly explore better broadband connectivity solutions across the Middle East. Paul Margis, president and CEO for Panasonic Avionics, said he believes the partnership provides a unique opportunity to develop state-of-the-art satellite communications around the Middle East. Read More »

Charming villa available in Saar

A gorgeous villa with a swimming pool and private backyard is available in Saar and being listed by River West Properties for $1.59 million. The large villa offers 10,763 square feet of living space, and it is offered with all furnishings. There are six bedrooms, each with en suite bathrooms, a maid's room and two other bathrooms in the independent villa. Read More »

IST Networks to serve as reseller for Entersekt authentication technology

IST Networks, a leading Middle East systems integrator headquartered in Egypt, is partnering with Entersekt, an innovator in mobile-enabled digital banking security, to provide Entersekt’s Transakt technology to banks and other businesses in the region. Transakt is an authentication product that keeps an app safe and protects users from phishing and other attacks. Read More »

Bahrain signs financing deal with Kuwait Fund as part of post-oil strategy

In an attempt to stabilize its national economy, Bahrain is reaching out to the Kuwait Fund for Arab Economic Development with financing agreements for over $1 billion for infrastructure and housing projects. Along with pursuing financing, Bahrain’s leadership is also amping up its solar program.What role will renewables play in the new economies of the GCC nations with oil below $50 a barrel? Read More »

Apartments available in Zig Zag Towers, The Pearl and West Bay

A gorgeous apartment with an even more gorgeous view is available in Lagoona at Zig Zag Towers and is listed at $439,536. This 1,033-square-foot apartment  features a fully-equipped kitchen, two bedrooms, two bathrooms and floor-to-ceiling windows with views of Doha and the West Bay Lagoon. There also are built-in wardrobes in each of the bedrooms and in the living room area. Read More »

Qatar Investment Authority buys stake in Empire State Realty Trust

The Qatar Investment Authority, Qatar’s sovereign wealth fund, made a sizable investment last month in a real estate investment trust with assets that include the Empire State Building in New York. The move has generated some rather mild national press, but it is attracting scrutiny from some who have questions about this kind of foreign investment in U.S. infrastructure. Read More »

Kuwait, Switzerland agree to strengthen development cooperation

Sheikh Sabah Khaled Al-Hamad Al-Sabah, first deputy prime minister and minister of foreign affairs of Kuwait, and Swiss Federal Councillor Didier Burkhalter agreed to work more closely on development cooperation during recent foreign policy consultations in Bern. They also talked about the Gulf region’s stability and how conflicts must be resolved through dialogue and negotiations. Read More »

Bahrain Telecommunications Regulatory Authority board wraps up third meeting of 2016

The Bahrain Telecommunications Regulatory Authority’s (TRA) board of directors recently wrapped up its third meeting of the year. The board discussed key issues covering telecommunications and noted the growth of the telecommunications sector in the kingdom. Board members also commended TRA’s efforts to sustain a healthy telecommunications environment. Read More »

Dubai Chamber honors the achievements of Emirati women

The Dubai Chamber of Commerce and Industry honored Emirati women for their contributions to the development of the United Arab Emirates at a gathering Sunday celebrating Emirati Women’s Day, which was initiated by Sheikha Fatima bint Mubarak, chairwoman of the General Women’s Union, supreme chairwoman of the Family Development Foundation and president of the Supreme Council for Motherhood and Childhood. Read More »

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