DUBAI - Hilton Worldwide today announced that Rudi Jagersbacher will become Area President, Operations, Middle East and Africa, for the hospitality company, effective January 1, 2011. Jagersbacher will replace Jean-Paul Herzog, who will retire from Hilton Worldwide at the end of the year after 40 years of service.

Muscat– Nawras, the Sultanate of Oman’s fast growing, customer-friendly communications provider, today announced its plans to proceed with a listing of its shares on the Muscat Securities Market (MSM) using the bookbuilding* process.

Dubai— As the telecom markets in the GCC are on the verge of saturation, while prices decline due to increasing competition, GCC telecom operators are now seeing their profits under very high pressure. This is demonstrated by the results for the first half of 2010 where several GCC incumbent telecom operators stated p ...

MANAMA–The Solidarity Group Holding Board of Directors announced yesterday (ed note: 300810) the appointment of Ashraf Bseisu, a long-standing Solidarity executive and a prominent member of the region’s insurance industry, as Group Chief Executive Officer with immediate effect.

Manama– The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been over subscribed.

Jeddah - Dr Hashim A. Yamani and Dr Mahmoud Abu-Zeid are confirmed to join the growing list of distinguished experts addressing the industry at the Annual Saudi Water & Power Forum (SWPF) taking place this October in Jeddah.

Dubai - A number of recent economic reports conducted on the general economic situation in the GCC countries have shed light on the measures taken thus far by the member countries to cushion the impact of global economic crisis on their markets − with particular focus on real estate markets − and the positi ...

Dubai - Real estate prices are on the rise in parts of Riyadh and Jeddah as Saudi Arabia’s growing population drives up demand for residential properties, according to research undertaken by the Consulting Division of Oxford Business Group (OBG).

Dubai- a leading global diversified health care benefits company, announced today that it has appointed Stuart Leatherby as managing director, Middle East and Africa, effective 1 September 2010. In this role, Leatherby will manage the company’s expatriate business in the Middle East and Africa region, which operates un ...

Dubai– In the course of the next 10 years, a new generation—Generation C—will emerge (the “C” stands for connect, communicate, change). Born after 1990, these “digital natives,” just now beginning to attend university and enter the work¬force, will transform the world as we know it. Their interests will help drive mass ...