
Maersk Oil Celebrates First Graduates From Qatari Development Programme
A group of 14 young Qatari professionals at Maersk Oil Qatar have become the first graduates of its Qatari Development Programme (QDP). The bespoke two-year rotational programme is designed to support Qataris in More...

ENEC announces completion of construction on Unit 2 of the Barakah Nuclear Power Plant
Al Barakah Nuclear Power Plan The Emirates Nuclear Energy Corporation, ENEC, today announced the completion of several major construction milestones on Unit 2 of the Barakah Nuclear Power Plant for the UAE’s More...

Qatar Finance and Business Academy Launches KAFA A
Abdulaziz Al Horr, CEO, QFBA Qatar Finance and Business Academy launched KAFA’A, a championing Training & Competency framework and initiative aimed at elevating and advancing Qatar’s financial services sector More...

Qatar Stock Index Gains 31.25 Points
Qatar Stock Exchange (QSE) index gained 31.25 points (+0.30%) when the bourse closed trading at 10,553.46 points on Sunday. The daily turnover dropped to QR 109.939 Million with a volume of 2,652,425 shares from More...

QNB Organizes Sign Language Training Course
QNB organized a sign language training course titled “Methods of Communicating With the Hearing Impaired – Sign Language, the Mother Tongue” at QNB’s Mathaf tower in Doha. The course was dedicated More...

Dubai International Financial Centre launches fully-integrated client portal in line with Dubai’s ‘Smart City’ initiative
Dubai International Financial Centre (DIFC), the global financial hub connecting businesses and institutions with emerging market opportunities across the Middle, East, Africa and South Asia, has launched the third More...

Ooredoo Launches VSAT Services in Qatar
Ooredoo today announced the launch of an enhanced VSAT service in Qatar, aiming to connect businesses to the Internet in a faster, secure and more cost-effective manner, as the company continues to introduce new More...

Qatargas Shipping Department Wins Prestigious British Safety Council Awards
For the second consecutive year, Qatargas’ Shipping Department has won two prestigious awards from the British Safety Council for its commitment to achieving excellent standards of health, safety and environmental More...

Dubai’s RTA endorses 7 additional languages in theory knowledge driving test
The Roads and Transport Authority (RTA) of Dubai has announced the endorsement of seven additional languages in the theory knowledge driving test (the knowledge test needed to obtain vehicle driving license). The More...

Qatar Shell Hosts Society of Petroleum Engineers
Qatar Shell hosted recently the third Board meeting for the Society of Petroleum Engineers (SPE) Qatar Section at Shell’s Doha headquarters. In welcoming all the committee members, Rob Sherwin, General Manager More...

Nakheel and Starwood Hotels & Resorts to debut St. Regis on Dubai’s Palm Jumeirah
The St. Regis Dubai – The Palm will be the centrepiece of Nakheel’s 52-storey Palm Tower, and will feature a 50th floor 360 degree infinity swimming pool Sanjay Manchanda, CEO of Nakheel; Neil George, More...

DGCX to launch Chinese Yuan Futures next month
The Dubai Gold and Commodities Exchange, DGCX, is scheduled to launch Chinese Yuan Futures on 18th of next month, subject to regulatory approvals, as part of the exchange’s efforts to make the Yuan accessible More...

UAE becomes first Middle Eastern country to participate in the World SME Expo next month
The United Arab Emirates will be the first country from the Middle East to participate in the World SME Expo, which is being held at the Hong Kong Convention and Exhibition Centre from 3-5 December, with a pavilion More...

Qatar Participates in 31st Session of COMCEC
The State of Qatar took part in the 31st session of the Standing Committee of the Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC), currently being held in Istanbul under the More...

Bentley Mulsanne Speed wins two awards in two consecutive months
Bentley’snew luxury flagship, theMulsanne Speed, has been named Best Large Luxury Sedan at the inaugural Arab Wheels Awards,the second regional award for Bentley’s ultimate luxury driving experience in as many More...

Dubai Crude Oil Price for February
The Department of Oil Affairs in the Government of Dubai has announced that it has notified its customers that the official price of Dubai crude oil for delivery next February will be US$0.50 less than the average More...

Business to benefit from Etisalat ‘Smart Glasses’ initiative
Etisalat, the leading telecommunications operator in the Middle East, Africa and Asia, has partnered with Ubimax, a leading provider of wearables solutions to businesses, to trial the next generation of Smart Glasses, More...

Aldar leased residential portfolio showcases high occupancy and continued growth
Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, released figures today showcasing the exceptional performance of the company’s managed residential portfolio. More...

Qatar Stock Index Drops 100.30 Points
Qatar Stock Exchange index dropped 100.30 points (-0.95%) when it closed at 10,511.50 points on Wednesday. The daily turnover decreased to QR 175.426 Million with a volume of 3,977,680 shares from 3,396 deals compared More...

Ooredoo Group and Ericsson Sign MoU for 5G Development
Ooredoo Group and Swedish telecommunications giant Ericsson have signed a Memorandum of Understanding (MoU) for 5G development with the ambition of developing use cases, requirements and deployment scenarios for More...

World oil price slump temporary
The current slump in world oil prices is temporary and can’t last for a long time, Dr. Matar Al Neyadi, Under-Secretary, Ministry of Energy of the United Arab Emirates, affirmed today at an international conference More...

Tecom Group announces new innovation centre
TECOM Group has announced a new platform for media start-ups and entrepreneurs, in5 Media, as part of its AED4.5 billion Innovation Strategy announced last year to develop new business platforms to drive entrepreneurship More...

Emirates Steel, Masdar Institute announce tri-lateral partnership
The Ministry of Energy Triple Helix Initiative has been launched during UAE Innovation Week. The initiative is envisioned to support the development, design, demonstration and diffusion of innovative research projects More...

Real Estate Trading Volume Exceeds QR 400 Million in a Week
The total value of trading in real estate sales contracts registered with the Real Estate Registration Department at the Ministry of Justice from 15 to 19 November amounted to QR 424,730,431. According to the weekly More...

QNB Organizes 3rd Asset Management Forum
Qatar National Bank (QNB) hosted the 3rd Asset Management Forum, which focused on providing financial corporate solutions and discussed relevant economic and financial topics. The purpose of this forum was to enhance More...

Al Meera Marks 10 Years of Achievements
Al Meera Consumer Goods Company celebrated its 10-year anniversary, capping a decade of achievements that have poured into customer and shareholder satisfaction. At a press conference, Dr. Mohammed Naser Al Qahtani, More...

Qatar Airways Receives “Asia Pacific Airline of The Year” Award
Qatar Airways was named Asia Pacific Airline of the Year at the 2015 CAPA Aviation Awards for Excellence held in Singapore. Qatar Airways Group Chief Executive, Akbar Al Baker, said: “To be named CAPA Asia More...

DAMAC Properties Expands its Strategic Operation in Asia
Leading luxury real estate developer, DAMAC Properties have announced a strategic collaboration with Qfang, one of China’s biggest real estate and financial services companies, looking to strengthen and consolidate More...

Middle East Smart Lighting & Energy Summit starts in Abu Dhabi
Sponsored by Abu Dhabi City Municipality, the fourth edition of the Middle East Smart Lighting and Energy Summit kick started with the participation of more than 400 lighting specialists. The two-day summit, which More...

OPEC daily basket prices
The price of OPEC’s basket of twelve crudes stood at US$38.37 dollars a barrel on Friday, compared with US$38.52 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket More...

Dubai hosts Third Arabian Tunnelling Conference & Exhibition 2015
The third edition of Arabian Tunnelling Conference and Exhibition “Innovative Underground Infrastructure – Challenges and Opportunities” organized by the Society of Engineers – UAE and in partnership More...

UAE Ministry of Economy sign MoU with GE
The UAE Ministry of Economy and General Electric (NYSE: GE ) on Monday signed a Memorandum of Understanding (MoU) to strengthen the culture of localised innovation, and inspire UAE government employees with deep More...

du demonstrates how innovation is improving day-to-day life during UAE innovation week
Taking its cues from the UAE leadership, is showcasing how innovation seeps into the lives of everyday people, drastically improving them at innovation week held between November 22 and 28. du will demonstrate its More...

Qatar Stocks Close Lower
Qatar Stock Exchange index dropped 23.99 points or -0.22% when it closed at 10,836.19 points on Sunday. The daily turnover decreased to QR 142.77 Million with a volume of 3,864,068 shares from 1,743 deals compared More...

GOIC Organises Workshop on Relationship Between Economic Indicators & Industrial Sectors
As part of GOIC’s efforts to train and develop industrial staff to boost the competitiveness of this vital sector, the Gulf Organization for Industrial Consulting held a training workshop entitled “The Relationship More...

Maersk Qatar Pushes Qatarization Drive
Maersk Oil Qatar (MOQ) has launched the latest phase of its recruitment campaign to showcase employment opportunities to Qataris. The country’s largest offshore oil producer said the programme titled ‘Find More...

Emirates Airline signs biggest deal in ATP history
Emirates Airline and the Association of Tennis Professionals (ATP) have elevated their partnership announcing Emirates Airline as the Premier Partner of the ATP World Tour from 2016. The five-year agreement represents More...

QNB Named Best Transaction Bank in Middle East and Africa
Qatar National Bank (QNB) was recently distinguished as the “Best Transaction Bank in the Middle East & Africa” at The Asian Banker’s Middle East & Africa Transaction Banking Awards 2015 held More...

Hamad International Airport Wins Best Airport Award
Hamad International Airport Hamad International Airport (HIA) announced today that it has won the Best Airport Award at the first Future Travel Experience (FTE) Asia Awards ceremony which took place in Singapore More...

Qatar Participates in 17th Meeting of Gas Exporting Countries Forum
The 17th Meeting of the Gas Exporting Countries Forum (GECF) began today in the Iranian capital, Tehran. Qatar’s delegation to the meeting is led by HE Minister of Energy and Industry Dr. Mohammed bin Saleh More...

Is your IT department a zoo or a safari park?
Why it’s time to converge your company’s IT skills By Nigel Moulton, CTO EMEA, VCE Nigel Moulton, CTO EMEA, VCE When did you last take a walk around your IT division? What did you see? More importantly, what More...

Abu Dhabi International Airport expands baggage handling system
Abu Dhabi Airports announced today several key capacity expansion initiatives at Abu Dhabi International Airport (AUH), that will significantly improve overall operational efficiency. These projects are being delivered More...

UAE signs open skies agreement with Slovakia
The United Arab Emirates today signed an open skies agreement with the Government of the Slovak Republic. Saif Mohammed Al Suwaidi, Director-General of the UAE General Civil Aviation Authority (GCAA), and Dusan More...

Ooredoo, Huawei Extend Strategic Cooperation Agreement
Ooredoo today announced a five-year extension of their strategic cooperation agreement with Huawei, which will see the two companies deepen their partnership to support Ooredoo’s market leadership across its footprint. The More...

2016’s best business opportunities
With 2016 only weeks away, Euler Hermes chief economist, Ludovic Subran shared his advice on where the greatest opportunities will lie for GCC businesses in the new year. Opportunity #1: Renewable Energy The current More...

Economy, Commerce Ministry Holds Seminar on New Commercial Companies Law
The Ministry of Economy and Commerce has organized a seminar on public shareholding companies under the new law on commercial companies as part of a series of seminars on the new law. The seminar aimed to shed the More...

Dubai Chamber of Commerce launches report on African growth
The Dubai Chamber of Commerce and Industry on Wednesday published a report into growth trends outside the natural resources and commodities sector in sub-Saharan Africa. The report, entitled, “Beyond Commodities: More...

OPEC daily basket price
The price of OPEC’s basket of twelve crudes stood at US$38.29 a barrel on Tuesday, compared with US$38.18 the previous day, according to OPEC Secretariat calculations. The OPEC Reference Basket of Crudes (ORB) More...

World Strategy Summit concludes in Abu Dhabi
Participants at the World Strategy Summit, which was held under the theme of ‘Strategic Leadership for the Future’, emphasized the importance of establishing an international platform for strategy, leadership, More...

Energy World Qatar Opens Doors to Public
Energy World Qatar (EWQ) 2015 Thursday opens doors to public at the Doha Exhibition and Convention Centre expo organizers said today. The ten-day expo is organized by long-term partners Qatar Petroleum and Qatar More...

Qatar Stock Index Gains 25.37 Points
Qatar Stock Market Qatar Stock Exchange index gained 25.37 points or +0.23% when it closed at 10,827.66 points on Wednesday. The daily turnover increased to QR 179.564 Million with a volume of 4,171,592 shares from More...

Energy Minister Opens ConocoPhillips Qatar New Headquarters
HE Minister of Energy and Industry Dr. Mohammed bin Saleh Al Sada on Wednesday opened the new state-of-the-art headquarters of ConocoPhillips Qatar that highlights the relationships the company has created in Qatar More...

SBWC concludes participation in Women in Leadership Economic Forum
The Sharjah Business Women Council (SBWC), has recently participated in the 17th edition of the Women in Leadership (WIL) Economic Forum held in Abu Dhabi on November 2 -3 to discuss major challenges facing women More...

Qatar Seeks to Prolong Life Span of Construction Projects
Dr Mohamed bin Saif Al Kuwari, Assistant Undersecretary of the Ministry of Environment for Laboratories and Standardization Dr Mohamed bin Saif Al Kuwari, Assistant Undersecretary of the Ministry of Environment More...

67 percent of UAE residents of three years or more still opt to rent a property rather than buy
54 percent of those consumers surveyed by compareit4me.com admitted the reason for renting is due to uncertainty about their length of stay in the region 67 percent of UAE residents surveyed by compareit4me group More...

Construction of a New Lift Boat Built in Shipyard-Qatar Completed
Gulf Drilling International Limited (GDIL), a subsidiary of Gulf International Services (GIS), the largest oilfield service company in Qatar, announced that a new Qatari-built liftboat named Al Safliya, which was More...

Big focus: what to expect at The Big 5 2015
As The Big 5 2015 introduces a new hall space, event director of the show, Josine Heijmans, talks about how visitors and exhibitors could use and benefit from the new features The Big 5 Show is one of the biggest More...

HIA Served Record 8.4 Mln Passengers in Q3
Hamad International Airport Hamad International Airport (HIA) has served a record 8.4 million passengers during the third quarter of 2015, a 23 percent increase from the number of passengers who travelled through More...

First look: St. Regis Dubai
The first St. Regis Dubai is part of Habtoor City, a three hotel complex overlooking Dubai’s upcoming canal development, Business Bay. Owned by Habtoor Group, it will be followed by the opening of W and Westin More...

Elite Chinese business leaders in Dubai to explore opportunities
A delegation of more than 20 Chinese business leaders is in Dubai to learn about the city’s meteoric rise from fishing village to global hub for trade, transport, logistics and finance, and how it is perfectly More...

JetSmarter partners with Jetex Flight Support
JetSmarter members can now access Jetex’s premium lounges and luxury amenities across a global network JetSmarter, the mobile marketplace that seamlessly connects travellers to private jets from their smartphones, More...

Emirates NBD renews mailroom management contract with EPG
Emirates NBD Emirates NBD has renewed its mailroom management contract with Emirates Post Group, EPG, to manage the bank’s mailroom requirements across 148 branches. Commenting on the three-year contract, Chief More...

OPEC daily basket price
The price of OPEC’s basket of twelve crudes stood at US$39.21 a barrel on Friday, compared with US$40.21 the previous day, according to OPEC Secretariat calculations. The new OPEC Reference Basket of Crudes More...

QNB CEO Confirms Importance of Information Security and Its Impact on Daily Life
Ali Ahmed Al-Kuwari, CEO, Qatar National Bank (QNB) The Group CEO of Qatar National Bank (QNB) Ali Ahmed Al-Kuwari confirmed the importance of information and Internet security and their vital role in the daily More...

LITERATURE AND SCIENCE NO LONGER RIVALS
From Astronauts to Geneticists, Emirates Airline Festival of Literature Has It All, says Festival Director The Festival has always put great impetus on its children’s programme, because it has been proven that More...

Ooredoo Signs Frame Agreement With Ericsson
Ooredoo Group and Ericsson have signed today a frame agreement for the supply of radio, core and transmission solutions, as well as related implementation and integration services. The group frame agreement includes More...

Dubai’s inflation down 0.43% in October
Dubai’s inflation rate for Consumer Price Index (CPI) dropped by 0.43 percent in October 2015, compared to September, according to a report issued by Dubai Statistics Centre (DSC) today. The monthly report More...

Abu Dhabi Summer Season attracts large increase in overseas visitors to the emirate
This year’s Abu Dhabi Summer Season has seen a dramatic rise in the number of domestic, regional and overseas visitors staying in the emirate during the three-month-long period of entertainment and offers compared More...

GCC petchem exports to China continue to rise, despite waning demand
The slowdown of the Chinese economy has not stopped GCC petrochemical producers to continue to grow their exports to China during 2014. Data from the Gulf Petrochemicals and Chemicals Association (GPCA) shows that More...

Qatar Airways Wraps up Successful Week at Dubai Airshow 2015
Qatar Airways concluded a successful week at the Dubai Airshow, showcasing three of its latest-generation aircraft, the Airbus A350, A380 and the airline’s 25th Boeing Dreamliner, the B787. Vice President and More...

Doha to Host GCC Lawyers & Arbitrators Conference Next December
Under the patronage of HE Sheikh Abdullah bin Nasser bin Khalifa Al-Thani, Prime Minister and Minister of Interior, Doha will host on 19-20 December the11th version of GCC Lawyers and Arbitrators Conference under More...

DEWA participates in PV-panel technology workshop in India
A delegation from Dubai Electricity and Water Authority (DEWA) has participated in a workshop in India to highlight the latest technological solutions and exchange expertise in Photovoltaic (PV) panels. The DEWA More...

Qatar Stocks Close Higher
Qatar Stock Exchange Qatar Stock Exchange index gained 29.95 points or +0.28% when it closed at 10,860.28 points on Sunday. The daily turnover decreased to QR 215.202 Million with a volume of 5,414,608 shares from More...

Minister of Communication Inaugurates Global Entrepreneurship Week
HE the Minister of Communication and Information Technology Dr. Hessa Al Jaber on Sunday inaugurated the Global Entrepreneurship Week which is held between 15-19 November under her auspices and in the presence of More...

Katara Hospitality Wins Certification For Green Practices
Katara Hospitality (KH) has won a certification in recognition for its environmentally sustainable practices, the global hotel developer and operator said Sunday. The International Sustainability and Carbon Certification More...

Oversupply woes or bustling success?
Editor of Hotel News Middle East, Sophia Soltani reviews the colossal number of hotel rooms under construction in the Middle East and what this means for the landscape of the hospitality industry With a reported More...

Ministry of Economy Publishes Automotive Sector Survey
Ministry of Economy and Commerce published Saturday a survey it has done last October on customer satisfaction at the automotive sector of the State of Qatar. More than 4,000 participants took part in the survey. The More...

Construction’s front line women
Atkins and Faithful+Gould organised its first annual conference for the Women’s Business Network (WBN) in October 2015. Women at the event talk to Construction Business News ME about how a women’s network could More...

UAE Martyrs’ Day plans announced
The first UAE Martyrs’ Day will include a minute’s silence, lowering of UAE flags around the country and a public performance of the UAE national anthem, as well as a social media campaign under the tag “we More...

First look: Palazzo Versace Dubai
Opening its doors to the public November 2015, Palazzo Versace in Dubai Cultural District is expected to become the “most luxurious hotel in the Middle East”. Artistic director Donatella Versace has More...

Economy Minister Meets U.S. Special Rep.
Sheikh Ahmed bin Jassim bin Mohamed Al-Thani, Minister of Economy and Commerce HE Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed Al-Thani on Thursday met Scott Nathan, U.S. State Department’s More...

Vodafone Qatar Mobile Users Rise 8%
Qatar’s second telecom operator Vodafone Qatar [QSE:Vodafone Qatar] reports an 8% increase to 1,486,000 cellphone subscribers for the first-half period ended September 30 compared to the same period in 2014. In More...

Mohammed bin Rashid tours Dubai International Motor Show 2015
Mohammed bin Rashid while visiting Dubai International Motor Show 2015 Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, visited today the Dubai International More...

Etihad Airways hosts more than 200 Swiss travel industry leaders in Abu Dhabi
Etihad Airways, the national airline of the United Arab Emirates, is playing host to more than 200 leading travel industry representatives from Switzerland. The travel trade delegation gathered in Abu Dhabi for More...

Qatar :One of the Fastest Growing Countries in the Region
Doha, Qatar Qatar has been one of the fastest growing countries in the region and the near-term macroeconomic outlook remains strong, said a statement issued by Managing Director of the International Monetary Fund More...

The economist view from Euler Hermes
Speaking at the 2015 International Trade Observatory summit in Dubai, Ludovic Subran, Euler Hermes chief economist, urged delegates to speak to an economist, before forming an opinion on the news stories. On behalf More...

Sheikh Saud bin Nasser Al Thani Appointed Ooredoo CEO
Sheikh Saud bin Nasser Al Thani, CEO. Ooredoo Qatar Ooredoo ( a Qatari Shareholding Company) announced today that HE Sheikh Saud bin Nasser Al Thani has been appointed as Group Chief Executive Officer to succeed More...

Foreigners purchase shares worth AED 863.3mn on DFM
Dubai Financial Market Foreign investors purchased AED 863.3 million worth of shares on Dubai Financial Market (DFM) from 8th to 12th November and sold AED 883.7 million in the same period, DFM said today in a press More...

Revealed: The Lincoln Continental Concept
The Lincoln Continental Concept made its Middle East debut at the Dubai International Motor Show on November 10, highlighting an “innovative future design direction”. “Luxury at its best, is about simplifying More...

Dubai SME set to announce 2015 list of top-performing SMEs
Abdul Baset Al Janahi, Chief Executive Officer of Dubai SME Dubai SME, the agency of the Department of Economic Development (DED) in Dubai mandated to develop the small and medium enterprise (SME) sector, will announce More...

ADIPEC to reinforce GCC oil cooperation
ADIPEC The Abu Dhabi International Petroleum Exhibition and Conference, ADIPEC, will reinforce cooperation within oil and gas industries amongst GCC nations, according to Dr. Jamal Ja’faar, Deputy Chief Executive More...

IMF Chief Urges GCC to Put More Effort in Attracting Private Sector
Christine Lagarde, IMF, Managing Director Managing Director of the International Monetary Fund Christine Lagarde said Tuesday that the GCC’s efforts to attract the private sector remain below par, calling More...

Qatar Airways Joins Royal Aeronautical Society
Akbar Al Baker, CEO of Qatar airways and Martin Broadhurst, President of RAeS Qatar Airways on Tuesday joined the Royal Aeronautical Society (RAeS), the professional body dedicated to the aerospace community, during More...

Qatar Stocks Close Lower
Qatar Stock Exchange index dropped 93.45 points or -0.85% when it closed at 10,853.57 points on Wednesday. The daily turnover decreased to QR 279.34 Million with a volume of 6,016,288 shares from 4,126 deals compared More...

Real Estate Trading Volume this Week
The total value of trading in real estate sales contracts registered with the Real Estate Registration Department at the Ministry of Justice from 1 to 5 August mounted to QR 1,043,852,382. According to the weekly More...

The man making Khorfakkan ship-shape
Noting a 14% increase in performance YTD and with even bigger plans on the horizon, Stephen Ogden, group director of operations for port operator Gulftainer, explains how the Khorfakkan Container Terminal is preparing More...

Kuwaiti Commerce Ministry, GOIC to Hold 15th Industrialists Conference
15th Industrialists Conference The Ministry of Commerce and Industry in the State of Kuwait and the Gulf Organization for Industrial Consulting (GOIC) will organise the 15th Industrialists’ Conference “Foreign More...

Oil to hit “$60 a barrel by 2016”
Chief economist for Euler Hermes, Ludovic Subran, has predicted oil prices will rise to $60 a barrel in 2016 and that global economic growth will remain at a “conservative” +2.9%. The prediction was shared during More...

In pictures: the Breitling wing walkers
The world’s only formation wingwalking team returned to the UAE at the Dubai Airshow on November 9 to perform an aerobatics display with H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum flying alongside. Marking More...