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Recent stories from sustg
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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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Keynote Address: His Excellency Dr. Tawfig Alrabiah
- September 18,2013
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- SUSTG Team
His Excellency Dr. Tawfig Alrabiah delivered the keynote address on Tuesday morning to attendees of the U.S.-Saudi Business Opportunities Forum in Los Angeles, California. Click below for the video.
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#ussaudiforum: $1 trillion projects – KSA woos American investors
- September 17,2013
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- SUSTG Team
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Saudi Stock Market Opening ‘a Marathon, Not a Sprint’
- September 9,2013
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- SUSTG Team
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Saudi’s Tadawul: What foreign investors might expect
- August 27,2013
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- SUSTG Team
Nandagopal J. Nair in Quartz discusses what foreign investors might expect from Saudi Arabia’s $400 billion stock market:
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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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Why Saudi Arabia Might Be The Next Silicon Valley
- August 14,2013
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- SUSTG Team
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MUST-READS
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Commentary: The Saudi Crown Prince is Talking About An Assassination. His Own.
“The way he put it was, ‘Saudis care very deeply about this, and the street throughout the Middle East cares deeply about this, and my tenure as the keeper of the holy sites of Islam will not be secure if I don’t address what is the most pressing issue of justice in our region,’” said one of the people with knowledge of conversations MBS has had with regional and American leaders.
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Saudi Arabia Stresses Efforts to Consolidate Arab Cooperation
The cabinet hailed the Arab Parliament's efforts and contributions at international platforms. It emphasized the Kingdom's commitment to strengthening cooperation in various fields with its Arab counterparts to boost security and stability and facilitate sustainable development and growth.
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Saudi Teachers Now Required To Wear National Dress In Schools To Boost Cultural Pride
From now on, teachers across the Kingdom are required to wear traditional national attire—specifically the thobe and ghutra or shemagh—throughout their time at school. The move is designed to boost national identity and cultural heritage within the educational environment.
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Al Wahbah Crater: Saudi Arabia’s Magnificent Natural Anomaly
On a dark and stormy night, a lightning bolt illuminated the beauty of Qitn Mountain, making Tamya Mountain fall deeply in love with it. Promising to reunite with its beloved, Tamya’s jealous cousin, Shelman, shot it with an arrow. The heartbroken mountain fell into the ground, leaving a bowl-shaped depression behind. Or so goes the local folklore behind the Al Wahbah crater in Saudi Arabia.
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Growing Restaurant Sector Attracts International Investment in Saudi
Point-of-sale operations using the Mada payment system have shown an annual growth rate of 13.6%, increasing from SAR 78 billion in 2022 to SAR 89 billion in 2023. The growth in the restaurant market is projected to continue, reaching approximately SAR 168 billion by 2030.
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Record-breaking Intersec Saudi Arabia sold out
Intersec Saudi Arabia, the country’s leading trade fair for security, safety and fire protection, has officially sold out two months ahead of the exhibition start date. A record number of 300 exhibitors, representing a 25% increase on last year’s number, and more than 17,000 visitors are expected to attend.
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Only a quarter of Saudi Arabia’s $1 trillion capex plan will go into oil
In what Goldman Sachs Research calls a “capex super-cycle,” Saudi Arabia is expected to invest $1 trillion across six strategic sectors by 2030. But the oil industry is likely to receive a smaller portion of this than previously forecast. Roughly 73% of the investment funds will go to non-oil sectors, Faisal AlAzmeh, who heads CEEMEA equity research and covers natural resources, chemicals, and infrastructure in the Middle East, writes in his team’s report. An earlier forecast pegged non-oil investment at 66%.
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Riyadh Deputy Governor Receives Mexican Ambassador to Saudi Arabia
Riyadh Region Deputy Governor Prince Mohammed bin Abdulrahman bin Abdulaziz received the Ambassador of Mexico to Saudi Arabia Anibal Gomez-Toledo today. Prince Mohammed welcomed the ambassador and wished him success in his endeavors.
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Saudi Arabia’s digital health market to be valued at $6.8b by 2030
Saudi Arabia’s digital health market is projected to reach $6.8b by 2030 at a compound annual growth rate (CAGR) of 19.3%, said Research and Markets. The sector’s growth is influenced by the increasing integration of digital technologies into the country’s healthcare system, driven by government initiatives to boost infrastructure and patient care.
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Saudi markets overflowing with 11 types of locally produced fruit
Saudi Arabia’s markets are currently brimming with 11 varieties of fresh, locally grown fruits, thanks to the government’s campaign for self-sufficiency in food production, according to the Ministry of Environment, Water and Agriculture. The produce includes figs, dates, grapes, pomegranates, bananas, cantaloupes, watermelons, papayas, guavas, citrus fruits and apples, said the ministry in a report carried by the Saudi Press Agency recently.
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