Sadara Chemical Company will supply chemicals to Saudi and South Korean consortium Surfactants’ Detergent Company (SDC), a joint venture that will build a chemical production facility in Jubail Industrial City’s PlasChem Park. Read More »

The Central Bank of the UAE recently sent a delegation to the Roads and Transport Authority (RTA) to review the Internal Audit Department’s best practices and procedures and to share their expertise and knowledge. Read More »

A new agreement between the Chartered Institute of Management Accountants (CIMA) and Prince Sultan University allows for students to obtain CIMA’s global certification and title in addition to their graduation degree. Read More »

Petroleum Development Oman (PDO) recently announced three new community projects: medical equipment and appliances for a hospital in Shaleem, a livestock market in Haima and a public majlis in Muqshin. Read More »

Etihad Airways, Etihad Airport Services, airberlin, Air Serbia, Air Seychelles and Alitalia recently raised $500 million in a platform financing transaction, which, combined with the success of an award-winning bond last year, brings their total to $1.2 billion. Read More »

Located in downtown Dubai's sought-after Claren Tower residential development, this stylish apartment has an attractive layout with 1,259 square feet of living space and large windows that offer beautiful city views. The apartment has inviting living and dining areas that are open to a tasteful kitchen with handsome countertops and cabinets and built-in appliances. Read More »

Better Homes LLC has listed a three-bedroom penthouse apartment at the Muscat Hills Golf and Country Club for $649,350. The apartment is in Muscat Hills Golf Tower 1 and is expected to be available in early 2017. The three-bedroom penthouse apartment will have high-quality modern appliances in the kitchen and en suite bathrooms in all of the bedrooms. Read More »

The Shariah-compliant branch of Oman Arab Bank, Al Yusr, has established a new office in Al Athaiba that will double as its corporate headquarters as it satisfies growing customer demand. "The surge in demand for the Sharih-compliant solutions we offer directly inspired the development of this strategically located branch,” Al Yusr General Manager Abdul Qader Al Balushi said. Read More »

The Dubai Chamber of Commerce and Industry-related Dubai International Arbitration Center (DIAC) is preparing to establish an office within the existing Dubai International Financial Center to align with Dubai’s goal to sustain supportive client relationships. The DAIC is a permanent nonprofit entity with a mission of settling trade disputes for local, regional and global stakeholders. Read More »

Qatar's RasGas Company Limited (RasGas) said recently that its offshore production department, Shorebase, has operated for 19 years without a lost-time incident. "I am extremely proud that we continue to demonstrate RasGas' industry-leading safety performance," RasGas Chief Operations Officer Fahad Mohammed Al Khater said. Read More »

A Dubai Government Excellence Program (DGEP) team recently presented an orientation session that was sponsored by the Dubai Department of Tourism and Commerce Marketing (Dubai Tourism) in order to familiarize participants with the emirate’s government excellence system now in its fourth generation. During the event, Dubai Tourism won two awards. Read More »

Bangladesh Minister of Commerce Tufail Ahmed met recently in Riyadh with Council of Saudi Chambers (CSC) Chairperson Abdulrahman Al Zamil and other chamber personnel in order to develop avenues of commercial trade between the two nations. Al Zamil conveyed the CSC’s willingness to further develop existing ties, stating that Saudi investors have a strong interest in Bangladesh. Read More »

Petroleum Development Oman and Nama Group signed a memorandum of understanding his week with two Nama members to facilitate a more efficient countrywide power infrastructure. Oman Electricity Transmission Company and Oman Power and Water Procurement co-signed the agreement, enabling four electricity suppliers to eventually unite through a power transmission hub. Read More »

Results of a recent Gulf Intelligence questionnaire indicate that many respondents view Qatar's industrial and academic spheres as being in strong need of crossover technologies in order to maintain adequate water security for the state. Crossover systems are expected to save time and lower maintenance costs for the state’s infrastructure. Read More »

Estate Real Estate Management has listed a fully furnished apartment in Zawia for $689,545. The apartment offers four bedrooms, three bathrooms and a full view of the lagoon. Large windows in the living room bring in an abundance of light. The bedrooms are decorated in a striking style, and one bedroom features a wall of gold damask-looking wallpaper. Read More »

Kuwait-based global construction firm Sayed Hamid Behbehani & Sons Co. (SHBC) recently enlisted the help of Aconex to manage data associated with the Al Farwaniya Hospital expansion project in Kuwait City. Aconex will offer SHBC its easy-to-use cloud and mobile collaboration platform to enable all project team members to have access to up-to-date project information at any time. Read More »

Ambassadors Riita Swan of Finland and Dashgin Shikarov of Azerbaijan visited the Abu Dhabi Chamber of Commerce and Industry to talk about areas of mutual interest in expanding trade and investment with the emirate. Helal Mohammed Al-Hameli, the chamber’s deputy director general, hosted the envoys and offered insights into industry sectors prepared to engage in global transactions. Read More »

Oman Power and Water Procurement Company SAOC (OPWP) said it recently awarded a contract for the the largest independent power project (IPP) in Oman, the  3,219 megawatt Ibri Sohar-3 power generation project. The project was awarded to a group led by Mitsui & Co. Ltd. that includes ACWA Power and Dhofar International Development and Investment Holding Co. SAOG (DIDIC).  Read More »

Bahrain Chamber of Commerce and Industry (BCCI) Chairman Khalid Al Moayed joined several BCCI board members and top executives and members of the Joint Committee at a meeting with Bahrain's major companies. Attendees highlighted the country’s economic success despite challenges and discussed the focus of major companies to employ local talent to sustain Bahrain’s economic growth. Read More »

Al Tamimi & Company, the Middle East’s largest law firm, recently acted as legal counsel for Boubyan Bank K.S.C.P., a Kuwaiti Islamic bank firm headquartered in Salmiya, in the issuance of sukuk worth $250 million. Boubyan Bank’s investment division, Boubyan Capital, handled international coordination in partnership with Standard Chartered and HSBC. Read More »