A recent memorandum of understanding, signed by the Bahrain Institute of Banking and Finance (BIBF) and the Bahrain Olympic Committee (BOC), concentrates on training and development. Read More »

A three-bedroom apartment on Reef Island is listed by Star Real Estate for $716,180. The apartment has three bedrooms, each with its own bathroom, and a fully outfitted kitchen with appliances. This gorgeous apartment has a view of the ocean, security is available 24 hours a day and there are two parking spaces associated with this apartment. Read More »

The UAE Ministry of Health and Prevention is announcing another round of price reductions for prescription drugs made by several dozen pharmaceutical companies around the world. The latest price cuts are the seventh, and last, is a series of reductions, some of which were even more extensive. This latest round, the ministry said, will translate to relief of $75.9 million to consumers. Read More »

Trans Gulf Management Consultants (TGMC) was recently named the first approved United Arab Emirates exam center for the qualifying exam of London's Chartered Institute of Linguists (CIOL) diploma in translation. The Institute of Linguists Educational Trust (IoLET) diploma in translation is a postgraduate qualification for those seeking a career as a professional translator. Read More »

Habiba Al Marashi, chairperson of Emirates Environmental Group (EEG) and president of Arabia CSR Network, recalled starting her professional journey 25 years ago in a male-dominated territory that questioned her decision to set up an NGO. A book launched on Emirai Women's Day identifies Al Marashi as a visionary for corporate social responsibility. Read More »

Doha College is planning a new vision to enable personal growth, aspiration and a passion for learning. The college has set forth a three-year development plan which includes building a new, state-of-the-art campus. Starting this month, the college will be a pioneer school in high-performance learning and will collaborate with other top schools to share best practices. Read More »

Fadi Qassim has been named the new CEO of Saudi Arabian real estate development company Ewaan Global Residential Company. Qassim has spent more than two decades in the fields of real estate development, investments and corporate and project management. He previously was the director of business development and asset management at Bahrain's International Investment Bank. Read More »

A new package delivery service called Fetchr NOW is bringing new opportunities to Dubai residents. The company has rolled out the new service in Dubai and plans to expand it to places like Egypt, Saudi Arabia and Bahrain. For less than $11, customers can get packages delivered anywhere in the city or the service can "fetch" nearly anything that a customer wants. Read More »

Platinum Homes Real Estate Agency has listed a one-bedroom apartment in the Al Sabeel area of Al Ghadeer for $187,877. The bedroom in this 767-square-foot apartment has an en suite bathroom. The bedroom includes built-in wardrobes, which offer plenty of storage space. There are large windows in the living room area, and a balcony that offers a unique view of the city. Read More »

The Bahrain Institute of Banking and Finance (BIBF) is accepting applications for enrollment UK programs. BIBF offers University of London's Bachelor of Science degree in economics and management, while the Bangor University program at BIBF offers undergraduate degrees in banking and finance, Islamic finance and accounting. Read More »

Saudi Aramco recently sponsored the Unconventionals Resources Technology Conference (URTeC) in San Antonio, Texas, that focused on the exchange of new technologies, ideas and best practices in the field of unconventional oil and gas. Saudi Aramco has sponsored the event since 2013, its debut year, and also been an exhibitor and session participant. Read More »

Ajman University said it offered an exploratory tour of the emirate for incoming freshmen in conjunction with the Department of Tourism Development. Students toured Ajman for two days, viewing such attractions as the Ajman Museum; Ajman Corniche, a culture melting pot full of food from around the region; and the Al Zorah golf club and Shakespeare Cafe. Read More »

Despite challenging conditions in global financial markets, Qatar Reinsurance Company LLC (Qatar Re), the reinsurance arm of Qatar Insurance Company (QIC), achieved improved profitability in the first half of 2016. The company increased its gross written premiums to $654 million, up 41 percent year-on-year from $464 million. Read More »

Nelson Park Properties has listed a one-bedroom apartment in Prime Tower in Porto Arabia's The Pearl development complex for $549,342. The approximately 1,600-square-foot apartment features one bedroom with an en suite bathroom and walk-in closet. There is a second full bathroom, and the kitchen is fully equipped with all the expected appliances. Read More »

The GE 2016 Global Innovation Barometer from Saudi Arabia unraveled the emerging and vibrant innovation ecosystem in the kingdom that is significantly contributing to the economic growth and diversification of the country’s economy. The research covered about 200 C-level business executives and informed members of the public who have a presence in the innovation ecosystem. Read More »

Khalifa University is organizing the first Mohamed Bin Zayed International Robotics Challenge which include top universities and organizations from around the world. "The challenge aims at taking the advanced science and technology to new levels in order to push forward the innovation to new horizons," Khalifa University Executive Vice President Arif Al Hammadi said. Read More »

The Fitch ratings agency has released a report for the government of Saudi Arabia that, to the layperson, might look a bit ominous. Fitch has affirmed the country's rating at AA- with a negative outlook in the report, in which Fitch analysts paint a complicated picture of the government's balance sheet. Also in the Fitch report is warnings about a rapidly changing labor market. Read More »

As part of the national celebration of Emirati Women’s Day, the UAE Ministry of Finance held a “Women and Innovation” forum at its Dubai office. The forum highlighted the Ministry of Finance's efforts to promote women’s empowerment concerns leading to the launch of a number of projects and programs to develop legislative and regulatory frameworks to support women in business. Read More »

Kuwait is making large increases in its subsidized gasoline prices, with Gulf Business reports showing the price of low-octane gasoline rising 41 percent and high-grade gasoline rising 61 percent. The World Bank's country manager for Kuwait characterized the price hikes as “politically and economically bold.” and the response on the street is less positive. Read More »

Ajman University of Science and Technology (AUST) held a reception this week to welcome 40 new faculty members to the university for the new academic year. The new faculty members come from 15 countries and were welcomed by deans and managers from various departments at AUST at the luncheon reception organized by the Human Resources Department. Read More »