GE 2016 Global Innovation Barometer reveals expanding innovation ecosystem in Saudi Arabia

The GE 2016 Global Innovation Barometer from Saudi Arabia unraveled the emerging and vibrant innovation ecosystem in the kingdom that is significantly contributing to the economic growth and diversification of the country’s economy. The research covered about 200 C-level business executives and informed members of the public who have a presence in the innovation ecosystem. Read More »

Survey suggests reforming Saudi Arabia tax, business systems could bring in overseas investors

PricewaterhouseCoopers (PwC) Middle East has released its most recent tax survey that suggests that streamlining and clarifying Saudi Arabian taxes and business regimes could help the area’s businesses gain new overseas investors. Many people see Saudi Arabia as a low tax or “no tax” nation. Unfortunately, the actual tax system is complicated and challenging for leaders to manage. Read More »

Starwood Hotels to open St. Regis Dubai in Palm Tower

Starwood Hotels & Resorts Worldwide Inc. signed a deal with Dubai developer Nakheel for a new hotel in Jumeirah Island's Palm Tower. The St. Regis Dubai, The Palm, expected to open in 2018, will be the fifth St. Regis hotel in the UAE. The first 18 stories of the 52-story Palm Tower will feature 289 rooms and suites while the upper floors will offer 504 luxury apartments. Read More »

New Four Points by Sheraton to open next year in Mecca

Next year will see the opening of a new luxury Four Points by Sheraton hotel in Mecca, which will be the largest hotel operated by the brand in the world. Starwood Hotels & Resorts Worldwide, which operates the Four Points by Sheraton chain of four-star hotels, is working with the Sulaiman Abdulaziz Al Rajhi Real Estate Investments Company to develop the hotel in Mecca. Read More »

Yale raises eyebrows with new Sharia center funded by gift from Saudi banker

Yale University Law School is the subject of recent criticism after founding a Sharia center focused on the Islamic law system using funds received from a Saudi Arabian billionaire with ties to Al Qeada. The Abdallah S. Kamel Center for the Study of Islamic Law and Civilization is being founded using a $10 million donation made by Saudi Arabian banker Abdullah S. Kamel. Read More »

Ethan Allen Design Center opens in Qatar

An Ethan Allen Design Center has opened its doors in the Medina Centrale this week in Doha, Qatar, the company said on Tuesday. "Ethan Allen is America's classic design brand," Farooq Kathwari, Ethan Allen's chairman and CEO, said. "And just as diversity is the story of America, diversity of design is the story of Ethan Allen. Our influences are international, and our heritage is built on uncompromised craftsmanship and classic style." Read More »