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Recent stories from sustg
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UPDATE: Saudi Arabia Declines Seat on the U.N. Security Council for Two Year Term
- October 17,2013
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- Lucien Zeigler
Saudi Arabia has been elected to the United Nations Security Council as a non permanent member, a seat the Kingdom will hold for two years. However, a Foreign Ministry statement said that it would decline to take the seat. Reuters reports that a “decision of such magnitude would have to have been taken by King Abdullah […]
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Photo Essay: U.S.-Saudi Business Opportunities Forum in Los Angeles
- October 15,2013
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- SUSTG Team
Last week, SUSTG featured an initial round of images from the U.S.-Saudi Business Opportunities Forum hosted in Los Angeles last month. This photo essay feature 100+ more images from the Forum. CLICK HERE to Check Out More Photos from the U.S.-Saudi Business Opportunities Forum in Los Angeles >>
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Steve Clemons Interviews Defense Secretary Hagel: ‘Still Sergeant Hagel After All These Years’
- October 12,2013
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- Lucien Zeigler
Steve Clemons, Washington Editor-at-Large of the growing online magazine The Atlantic, has a wide-ranging exclusive interview with U.S. Defense Secretary Chuck Hagel seven months after he replaced Robert Gibbs at the Pentagon. The interview provides valuable insight into the office of the Secretary of Defense and Secretary Hagel himself. When asked by Clemons about the strategic […]
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RUH -> LAX: Saudia Expands Nonstop Portfolio to Los Angeles, California
- October 10,2013
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- Lucien Zeigler
Saudia, formerly known as Saudi Arabian Airlines, announced recently that it would begin nonstop flights from Los Angeles, California to Riyadh, Saudi Arabia, starting in April 2014. The announcement was advertised to attendees of the U.S.-Saudi Business Opportunities Forum in Los Angeles, where Saudia had a physical presence to make the attendees aware of the […]
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Social Media: Connecting U.S.-Saudi Forum Attendees, Speakers, and Followers Around the World
- October 2,2013
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- Lucien Zeigler
Social media played a key role in connecting the speakers, attendees, and followers worldwide during the U.S.-Saudi Business Opportunities Forum presented in Los Angeles September 16-18, 2013. The Saudi-US Trade Group (SUSTG), in coordination with the top-flight Saudi members of the SUSTG’s Student Ambassador Program, organized this social media effort across all major platforms, including […]
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U.S. Commerce Secretary: Saudi Economy at an ‘Exciting moment as it moves to a more knowledge-based economy’ – VIDEO
- September 23,2013
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- Lucien Zeigler
In her keynote address to the U.S.-Saudi Business Opportunities Forum in Los Angeles, the Honorable Penny Pritzker, U.S. Secretary of Commerce, noted that the United States and Saudi Arabia have a strong trade and investment relationship which has tripled in the last decade. The more than 1,100 private sector and government leaders from both the […]
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More Photos: The U.S.-Saudi Business Opportunities Forum in Los Angeles, California
- September 21,2013
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- Lucien Zeigler
The U.S.-Saudi Business Opportunities Forum concluded on Wednesday, September 18th, with over 1,100 businessmen and government leaders from the United States and Saudi Arabia meeting at the J.W. Marriott L.A. LIVE to build commercial relationships between the two countries. SUSTG is a primary organizer of this Forum, the third in a series that includes events […]
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PHOTOS: A first look at photos from the U.S.-Saudi Business Opportunities Forum in Los Angeles
- September 19,2013
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- Lucien Zeigler
The U.S.-Saudi Business Opportunities Forum in Los Angeles concluded here yesterday with over 1,100 attendees. Participating companies and officials from both the United States and Saudi Arabia gathered to network with new opportunities and to listen to keynotes, plenary discussions and breakout sessions covering numerous sectors that are key to building and sustaining lasting business […]
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How stable is Saudi Arabia? Five experts consider the question.
- August 20,2013
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- Richard Wilson
Sada, the Carnegie Endowment for International Peace’s online journal focusing on the Middle East, poses the question, Is Saudi Arabia Stable?, to five experts. The responses look closely at trends that could threaten Saudi stability. Though occasionally dire, they are generally thoughtful and the points of emphasis are varied. They are also short and to the […]
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Saudi Arabia Gives $100m to UN Counter-Terrorism Center
- August 8,2013
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- Lucien Zeigler
The Royal Embassy of Saudi Arabia today announced in a distributed press release that the Kingdom has donated $100 million to the U.N. Counter -Terrorism Center on occasion of the Eid Al-Fitr, the end of Ramadan. “I announce the donation from the Kingdom of Saudi Arabia of $100 million to support this center and work for its activation under […]
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MUST-READS
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A former Colorado staffer’s rogue NIL trip to Saudi Arabia: Wild tale or sign of desperate times?
Reilly said he did not tell Sanders of his plans to visit the Middle East after the conclusion of the 2023 season, but said he informed members of Sanders’ personal staff of his intentions. He also had made it clear to tourism officials in the Middle East that he could never himself strike a deal, but his goal was to serve as an introductory middleman between Colorado’s collective and potential partners.
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Saudi Arabia aims to establish itself as a global film production hub
Producers, artists, specialists, and filmmakers from the kingdom and abroad are participating in the four-day Saudi Film Confex. The opening day showcased an impressive attendance of specialized filmmakers, featuring dialogue sessions that addressed critical topics such as the role of support and financing funds in the industry and the integration of the film sector with other developmental areas.
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Saudi Arabia offers Pakistan share of $200bn in annual construction contracts
As Saudi Arabia prepares to become the world’s largest construction market, the Kingdom is investing heavily to diversify its economy. According to a 2024 report by global property consultancy Knight Frank, the total construction output is projected to reach $181.5 billion by the end of 2028, marking a nearly 30 percent increase from 2023. “Saudi Arabia is the largest construction site in the world and we will in the next few years be awarding construction and material procurement contracts reaching about $1.8 trillion,” Al-Falih said at the Pak-Saudi Business Forum 2024.
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Saudi Company for Artificial Intelligence partners with Elm for Al in public sector
Established in 2021, SCAI is a PIF-owned company that was founded with the aim to positioning KSA as a global AI leader. The company builds AI applications, including in areas such as smart cities, healthcare, public transport, and sustainability. Together with Elm, one of Saudi Arabia’s leading IT consulting and technology companies, SCAI will develop AI use cases in the public sector, and develop prototypes and applications using Al technologies. Elm’s consulting business meanwhile will provide strategic advisory services to SCAI and to the Al offices of public sector institutions that are part of SCAI’s network.
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Saudi businessmen sign 27 memorandums of understanding with Pakistan valued at $2 billion
In a televised speech, Sharif hailed the memorandums and said he hoped they would soon be translated into agreements, adding that his government will do its best to facilitate Saudi investments in the country. Sharif also thanked Saudi Arabia for helping Pakistan reach an agreement to receive a $7 billion bailout from the International Monetary Fund.
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Saudi, UAE, Qatar Lobbying DC to Keep Gulf Oil Safe from Israel
Speaking to Reuters three unnamed Gulf sources said Saudi Arabia, UAE and Qatar are concerned that Israel will target Iranian oil facilities and that other Gulf assets could also come under fire by Iran or its proxies. All three Gulf countries are refusing to let Israel use their airspace, with Reuters reporting that Tehran warned Riyadh earlier this week that it could not guarantee the safety of the Kingdom's oil facilities in the event of an Israeli attack. "The Iranians have stated: 'If the Gulf states open up their airspace to Israel, that would be an act of war,” Reuters quoted a Saui analyst close to the royal court as saying.
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Saudi Arabia launches insurance policy to protect expatriate workers
Director general of international communications and cooperation, Abdulrahman Al-Zaid, told Arab News: “The Expatriate Worker Wage Insurance Service for Private Sector Defaults is part of the ministry’s ongoing efforts to protect both workers and employers, while enhancing the overall efficiency and appeal of the Saudi labor market. “The initiative is designed to create a more secure labor environment, making Saudi Arabia a leading hub for international talent.”
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Saudi Arabia, GCC embrace biological age testing in push for healthier aging
From stem cell research to modifying age-limiting conditions such as Alzheimer’s or Parkinson’s disease, to unlocking the regenerative capacity to reverse age-related changes in the body, targeting human aging with new therapies and medicines is a big business. And the latest trend is biological testing; figuring out how old your body actually is, versus the age on your passport. Or, in other words, your biological age versus your chronological age.
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Battling Japan down Saudi Arabia to stay perfect in World Cup qualifying
Japan handed Saudi Arabia a 2-0 defeat in Jeddah on Thursday as Hajime Moriyasu's side continued their march towards the World Cup with a third consecutive win in Asian qualifying that moves the Samurai Blue five points clear at the top of Group C. Daichi Kamada's close range finish put the Japanese in front in the 14th minute of a physical first half and substitute Koki Ogawa headed in Junya Ito's corner nine minutes from time to secure the points.
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Saudi Arabia’s flyadeal eyes widebodies; A321neo due in 1Q26
flyadeal (F3, Jeddah International) is planning to place a widebody order - its first - before the year ends, chief executive Steven Greenway said at the Routes World 2024 conference in Bahrain. The Saudia (SV, Jeddah International) low-cost subsidiary sees opportunity with widebodies, “and we’re going after it,” Greenway said, adding that they are evaluating both the A330 and B787 but have discarded the A350, as it would be “too big.”
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