Starwood plans to open new Sheraton in Makkah

Starwood Hotels & Resorts Worldwide recently said it plans to expand its presence into Saudi Arabia with a new Sheraton planned in Makkah. “Makkah has been a particular focus for Starwood growth, with Sheraton being one of three brands to make its entrance into the market in the next year,” Michael Wale, president of Starwood Hotels & Resorts Europe, Africa and Middle East, said. Read More »

Ramadan in modern times: Does the holy season impact work routines?

For those unfamiliar with the season of Ramadan, the prospect of interacting with practicing Muslims during that month can be daunting. Many know that these Islamic holy days require fasting from dawn to dusk. Others might know that Ramadan is based on the revelation of the Quran to the prophet Muhammad by the angel Gabriel, information that can be found on Wikipedia. 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 »

Dow Chemical's Saudi Arabia plant shipping first batch of reverse osmosis elements for water purification

Dow Chemical Company said the first shipment of reverse osmosis elements from its Saudi Arabia Dow Water and Process Solutions’ Jubail Operations plant will be sent to help meet water demands in developing markets. The plant produces FILMTEC RO elements for the purification of seawater and brackish water, as well as the recycling of potable, nonpotable and industrial water. Read More »

KPMG report finds Bahrain's financial industry benefits from low operating costs

For financial services institutions, the cost of doing business in Bahrain is lower than in Dubai or Qatar, a recent KPMG report said. “We are honored to be part of this important initiative and to provide an independent overview of the financial sector in Bahrain, a critical sector in the local economy,” Jalil Al Aali, KPMG's head of financial services in Bahrain, said. Read More »

Wabtec gains freight car order in Saudi Arabia

Wabtec Corporation accepted an order to manufacture components for freight cars, such as electronically controlled pneumatic braking equipment. Wabtec is a manufacturer of services and products that are made with technology for rail and similar industries. The company and its subsidiaries create a variety of products for freight cars, locomotives and passenger transit vehicles. Read More »

Omani health minister headlines American Middle East Institute forum

The American Middle East Institute convened in Pittsburgh for its eighth annual Health & Technology Forum with special segments on Doing Business in the Middle East and a featured presentation from Oman’s Minister of Health. The conference featured presenters from Algeria, Egypt, Saudi Arabia and Oman. It concluded with keynote remarks by CNN host and author Fareed Zakaria. Read More »

El-Assra named partner in Morgan Lewis' Dubai office

The international law firm Morgan Lewis has strengthened its international finance capabilities with the addition of Tarek El-Assra as a partner in Dubai. With his background handling matters for clients in the United Arab Emirates and Saudi Arabia, El-Assra will collaborate with the firm’s global finance, debt capital markets, and restructuring teams around the globe. Read More »