During a recent visit, the UAE delegation, headed by Yafea Al Faraj, executive director of the Ajman Real-Estate Regulatory Agency (ARRA), met with Gulf Holding CEO Majed Al Khan. Read More »

Emirates Central Cooling Systems Corporation Empower, the world's largest district cooling services provider, has started operations at its third Business Bay district cooling plant. Read More »

More than 200 Omani businesses are vying to secure one of 40 retail spaces at the Mina Sultan Qaboos Waterfront, which is currently in development. Read More »

Al Falak Electronic Equipment and Supplies Company will distribute the Microsoft Surface Pro 4 in the Kingdom of Saudi Arabia (KSA), as well as a full range of accessories for the tablet. Read More »

The Dubai Ministry of Finance (MoF) held its annual forum earlier this week at Sofitel Downtown Dubai. Read More »

Pearl Homes Real Estate has listed a large apartment in Porto Arabia’s Tower 31 at The Pearl for $1 million. The two-bedroom, three-bathroom apartment offers more than 2,000 square feet of living space, including a large balcony with full view of the marina. The modern-style kitchen is fully outfitted and includes a pass through window and cabinets around the room. Read More »

This spacious apartment is located in Palm Jumeirah's sought-after Shoreline Apartments development and boasts a fabulous floor plan with 2,260 square feet of living space and stunning sea and city views. The apartment has a generously sized combination living and dining room and an open kitchen with striking countertops, handsome cabinetry and tasteful appliances. Read More »

Posto Bello Real Estate has listed a one-bedroom apartment in Lake City Tower at Jumeirah Lake Towers for $340,335. The 900-square-foot apartment is furnished and includes a large balcony with a view. It is located on a high floor of the building and presents an amazing lake view. Shared amenities include a state of the art health club, rooftop cafe and covered parking. Read More »

Chadbourne & Parke LLC acted as an adviser on the financing related to Barka Independent Water Project in Oman. The group sponsoring the project includes GDF SUEZ, ITOCHU Corporation, Engie Energy International and W.J. Towell & Co. LLC. The project is being developed on a build-own-operate structure in accord with a water purchase agreement with the Oman Power and Water Procurement Company. Read More »

The Kuwait Economic Society presented updates on the emirate’s developing role in the global economy with industry speakers and several roundtables at its recent eighth Scientific Forum in Kuwait City. Kuwait Economic Society Chairman Faisal Al-Bader detailed the significance of the forum and its potential role in diagnosing the glitches of economic imbalancein the emirate. Read More »

Fitch Ratings recently pronounced Saudi Arabia’s banks relatively safe from harm while the kingdom’s Draft Law on the Resolution of Financial Institutions undergoes a standard review. “The Saudi Arabian Monetary Agency, which supervises the banks, has a strong tradition of supporting the banking sector and, to date, no depositors or creditors of banks have lost money,” Fitch said. Read More »

Siemens will highlight the importance of integration and grid digitalization at the Oman Energy and Water Exhibition and Conference, running May 23-25 at the Oman International Exhibition Center in Muscat.Siemens executives will demonstrate the roles digitalization, cost-saving technologies and grid integration will play in the future of Oman's energy landscape. Read More »

Oman Transport and Communications Minister Ahmed bin Mohammed bin Salim Al Futaisi said Omani leaders have launched plans to expand the country’s transportation infrastructure to bolster non-oil-based trade activity. Al Futaisi said Oman’s seaside ports, road systems and aviation channels stand to improve measurably with “billions of rials” invested into the respective modes. Read More »

To encourage partnership among different Abu Dhabi government organizations, the Abu Dhabi police force coordinated a workshop recently for the Abu Dhabi Excellence Program at the Executive Council of Abu Dhabi in Al Buteen. The forum served as a stepping-stone for dissemination of knowledge, skills and resources between 27 different factions of the government.  Read More »

ELAN Media said it is expanding its advertising partnership with Novo Cinemas to cover the UAE, making Elan Media, based in Dubai and Doha, the exclusive advertising partner of Novo Cinemas, which is headquartered in Dubai. “We are delighted that we have extended our relationship with Novo Cinemas to cover the UAE market,” ELAN Media CEO Jamie Ball said. Read More »

A recently signed memorandum of understanding (MoU) between the Qatar Chamber of Commerce and Industry and the Qatar Business Incubation Center (QBIC) aims to support small businesses in Qatar and notes that the two groups will partner to develop training programs and exchange information and services that offer guidance and advice from experts in the appropriate sectors. Read More »

Approximately 7,000 aviation experts landed at the Dubai International Convention and Exhibition Centre (DICEC) recently to attend the emirate’s 16th Airport Show and experience the latest updates from over 300 exhibitors at the three-day gathering. Advertised as the world’s most dynamic airport show, the convention boasted products and services from more than 55 nations. Read More »

Al Maha Medical personnel said a symposium featuring world leaders in medicine, learning opportunities and networking will be featured at the second annual Qatar International Medical Congress (QIMC) running through Friday in Doha. Forum topics will include prospects for manufacturing medical equipment in Qatar, recent diagnostic breakthroughs and new medical technologies. Read More »

Hilal Properties Oman has listed a four-bedroom, six-bathroom villa in the Al Hail North area of Muscat for $649,350. The villa offers a gorgeous view of the sea and is very close to the beach. The four bedrooms each have en suite bathrooms, and the villa has two additional bathrooms, a fully outfitted kitchen, a maid’s room, store room and a laundry room. Read More »

Tejar Dubai Youth Council, operating under the umbrella of the Dubai Chamber of Commerce and Industry, signed a memorandum of understanding (MoU) with Investcorp to organize a series of workshops and seminars for young entrepreneurs. The MoU aims to strengthen the coordination of the two organizations to promote the development of business skills among young entrepreneurs in Dubai. Read More »