Category Archives: Region

S&P Appoints New Managing Director

Hadi Melki, former regional business leader at Thomson Reuters, was appointed to head the independent credit ratings provider S&P Global Ratings. He will act as the new managing director and regional head for the company’s Middle East business, which is headquartered at the Dubai International Financial Center. Melki spent 20 years at Thomson Reuters, before… Continue Reading

Oman Air Recognized as Best Airline in ME

The World Travel Awards Middle East 2017 chose Oman Air as the winner of two awards as the best airline in the Middle East. The national carrier of Oman topped the list of “Middle East’s Leading Airline-Business Class” and “Middle East’s Leading Airline- Economy Class.” The ceremony where the awards were announced was held on… Continue Reading

Amazon Web Services Bringing Data Centers to Middle East

The Bahrain government inked a deal with the gargantuan on-line seller Amazon to build three giant data centers by the year 2019. The deal is with a subsidiary of Amazon, Amazon Web Services (AWB), which chose Bahrain to be the location of its first ever Middle East-located data centers. Amazon’s plan is to open a… Continue Reading

Trump Brand Selling Homes in Dubai

Two of President Donald Trump’s sons did the groundwork for increased sales in February when they visited Dubai to open a luxury golf course under the Trump brand. Then in May the President himself visited the Middle East on his first trip outside the US since his election. Upon Trump’s arrival to the region he… Continue Reading

Qatar World’s Third Biggest Spender on Arms Imports

In recent years Qatar has boosted its defense spending drastically going from being included in the top ten countries for the first time in 2015 to coming in third place this year. Only Saudi Arabia and India surpass Qatar as an importer of defense materials from the year 2007 until 2016. From 2005 until 2014… Continue Reading

US Companies Planning Trade Mission to Middle East

The Mississippi Development Authority is planning a trade mission to the Middle East at the end of March for a at least 15 companies looking to expand their businesses to countries in the region ready to establish new partnerships. The mission will be visiting Jordan and Dubai, said MDA Executive Director Glenn McCullough Jr. He… Continue Reading

Mondelez Restructuring Sending Workers to Singapore and Zurich

Due to global restructuring, the giant snack/candy manufacturer Mondelez will be reducing its Dubai presence over the coming months. The goal will be to reduce its international structure down from five world regions to only four. Mondelez is the company behind such popular treats as Oreo biscuits and Cadbury Dairy Milk. The region that will… Continue Reading

Oil Nations in the Balance Says Iraqi Oil Leader

Falah Alamri, the Iraqi OPEC governor warned oil producers, whether part of OPEC or not, to take a stand on the re-configuration of the global oil market, and soon. The senior Iraqi oil official said that not acting quickly could put oil-producing countries at risk of severe damage that could take a long time to… Continue Reading