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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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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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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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MUST-READS
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Ramadan 2024: Find out why Saudi Arabia’s Prince Mohammad Bin Salman banned iftar in mosques ahead of Ramadan
The notice, raising issues about cleanliness being compromised when iftar feasts are held inside mosques, directed imam and muezzin to oversee the organisation of these feasts in mosques’ courtyards and charged them with the responsibility to ensure cleanliness soon after the feast concludes.
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Americans Remain Committed to NATO, Critical of UN
A 47% plurality of Americans want to see the United States keep its current commitment to NATO, with 20% feeling support for the alliance should increase. Meanwhile, 16% think the U.S. should decrease its NATO commitment, and 12% would prefer that the U.S. withdraw from NATO entirely. Americans' overall support for NATO remains unchanged from the prior reading two years ago just before Russia’s broader-scale invasion of Ukraine and the additions of Finland and Sweden to the alliance. Compared to other similar trends from the 1980s and 1990s, major changes in support for the alliance have occurred among those wanting increased support and those wanting the U.S. to exit the alliance entirely.
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More than 100 killed while seeking aid in Gaza, overall death toll passes 30,000
Gaza health authorities said Israeli forces on Thursday shot dead more than 100 Palestinians as they waited for an aid delivery, but Israel blamed the deaths on crowds that surrounded aid trucks, saying victims had been trampled or run over. At least 112 people were killed and more than 280 wounded in the incident near Gaza City, Palestinian health officials said. The loss of civilian lives was the biggest in weeks. Hamas said the incident could jeopardise talks in Qatar aimed at securing a ceasefire and the release of Israeli hostages it is holding. When asked if he thought it would complicate the talks, U.S. President Joe Biden said: "I know it will."
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Saudi researchers devise new method of producing microalgae
Saudi Arabia currently imports most of the raw materials it needs for livestock feed: protein, lipids, and carbohydrates. Replacing even a fraction of those imports with homegrown feed would represent massive savings and a big step toward food security, according to the KAUST team. The difficulty of cultivating algae at scale has prevented its potential as an animal feed raw material from being realized to date. However, scientists working at KAUST’s new Saudi Center for Algal Biotechnology Development and Aquaculture maintain that the Spirulina and Chlorella strains of algae they have developed are adapted to seawater, which makes their algae cultivation method both economically viable and environmentally sustainable.
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Saudi Arabia wants to be ‘the next Silicon Valley,’ Princess Loulwa says: Video
Princess Loulwa Al Saud, co-founder and CEO of RiseUp Saudi, says Saudi Arabia focuses on knowledge more than on funding.
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Saudi Central bank net foreign assets rise by $2 billion in January 2024
Recent data from the Saudi Central Bank reveals that in January 2024, the bank’s net foreign assets increased by $2.07 billion compared to the previous month. The central bank’s monthly publication states that net external assets rose to SAR1.572 trillion ($419.17 billion) in January, up from SAR1.564 trillion. However, when compared to January 2023, the central bank’s net foreign assets experienced a decline of 4.26 percent, amounting to SAR1.57 trillion.
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Al-Falih: 450 international investors to establish their regional HQ in Saudi Arabia
Al-Falih said that during this decade alone, Saudi Arabia will add more than $3 trillion in investments to the economy, and a large share of these investments will be allocated to new economic sectors such as the digital economy, tourism, financial and professional services, healthcare, and agriculture, which are sectors that will provide tremendous opportunities for developing human capital.
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Saudi-Led Arabs Push Plan for Palestine State as War Rages
The plan, which builds on the 2002 Arab Peace Initiative, is expected to outline the creation of a Palestinian state along the lines of borders that existed prior to the 1967 Six-Day War. It would include measures such as rolling back Israeli settlements in the Palestinian Authority-controlled West Bank — one of two main Palestinian territories alongside Gaza — and mechanisms to implement a two-state solution, said the two senior Arab officials.
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Saudi Arabia Aims for 150k New Jobs in Chemical Plants and Renewable Energy, says Minister
Saudi Arabia is poised to create 150,000 new jobs in chemical plants and renewable energy facilities with a commitment to achieving 75 percent localization, said a top official. During the Human Capability Initiative in Riyadh, Saudi Minister of Energy Prince Abdulaziz bin Salman emphasized that the energy sector has the biggest chance to achieve the target of Saudi workers compared to any other sector. The minister said: “We see somewhere around 150,000 jobs being created, including not only working in chemical plants and with heavy wind or renewable facilities but also we see a lot of jobs are coming through the localization programs. We also are committed to a localization program which is 75 percent.”
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Mexico’s Pérez Correa González signs agreement with Saudi firm
Mexico’s Pérez Correa González has entered into a cooperation agreement with Saudi Arabian firm Alsuwaiket & Albusaiyes, looking to target new business opportunities in the food, agribusiness, technology, automotive and tourism sectors through the alliance.
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