Business Forum: Delivery of Medical Services – Dr. Rabeeah

January 17, 2012

The recently concluded US-Saudi Business Opportunities Forum (Dec 5-7, Atlanta) not only featured an extremely rich assembly of senior government officials, business people and more, but a broad representation of industries and sectors as well. Among those who participated from the Kingdom were three serving ministers in the Government plus the Governor of SAMA, the central bank and dozens of other senior officials — all who provided the most complete and authoritative reviews of their respective areas of responsibility in keynote remarks and panel discussions. Among the sectors represented at panels were: energy and renewables, information technology, petrochemical and plastics, infrastructure, agriculture, education, healthcare, transportation and logistics, and water and electricity. One area where tremendous commercial opportunities for cooperation between Saudi and American business people was apparent is the health and medical services sector. Leading the Saudi delegation in that area was Minister of Health, Dr. Abdullah Al-Rabeeah, who opened the plenary session titled, “Health and Medical Services: Delivering Top Quality Care.”

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Saudi Arabia Not Just for Multinationals – Alexandrides

January 10, 2012

American companies should always be open to new global markets and new overseas business alliances. but many companies miss opportunities because they do not have access to decision makers in foreign markets. A rare chance to meet a large group of decision makers in person came at the U.S.-Saudi Business Opportunities Forum. At the conclusion of the second annual forum, held in December 2011 in Atlanta, Omar Bahlaiwa, Secretary General of the Committee for International Trade (CIT) of the Saudi Chambers of Commerce, called the event a “great success.”

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Business Forum: A Stable Global Financial System – Al Jasser

January 10, 2012

The US-Saudi Business Opportunities Forum (Dec 5-7, Atlanta) was an incomparable gathering of top level Saudi Arabian government and business leaders who shared their knowledge of myriad areas of interest bearing on commercial openings for American businessmen in the Kingdom. The Forum, sponsored by the Saudi Arabian Ministry of Commerce and Industry, was organized by the Committee for International Trade (CIT); the US-Saudi Arabian Business Council; and the Saudi-US Trade Group (SUSTG). It featured an extremely rich assembly of senior government officials, business people and more and their American counterparts. Among those who participated form the Kingdom were three serving ministers in the Government plus the Governor of SAMA, the central bank and dozens of other senior officials — all who provided the most complete and authoritative reviews of their respective areas of responsibility in keynote remarks and panel discussions. The Saudi delegation included, among the leadership, the Governor of the Saudi Arabian Monetary Agency (SAMA) Dr. Muhammad Al-Jasser. At the Forum he led a key panel titled, “Maintaining a Stable Global Financial System: Shared Responsibility,” and shared insights only possible from the vantage point of a Group of Twenty (G-20) member nation central bank chief.

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Saudi Economy: Jadwa January 2012 Chartbook

January 10, 2012

The Jadwa Investment firm in Riyadh produces the “Saudi Chartbook” as a quick, chart-based briefing on the key developments and trends in the Saudi economy and stock market for the previous month. SUSRIS is pleased to provide the January 2012 Saudi Chartbook and a link to the complete report which is rich with illuminating charts and graphs. We also commend to your attention the recently published “Saudi Economy in 2012″ by Jadwa which provides an excellent survey of the overall economic and financial picture in the Kingdom. Other reports are included among links below.

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Business Forum: Education – Investing in Human Capital: Prince Faisal

January 9, 2012

The recently concluded US-Saudi Business Opportunities Forum (Dec 5-7, Atlanta) featured an extremely rich assembly of senior government officials, business people and more. Among those who participated form the Kingdom were three serving ministers in the Government plus the Governor of SAMA, the central bank and dozens of other senior officials — all who provided the most complete and authoritative reviews of their respective areas of responsibility in keynote remarks and panel discussions. The Saudi delegation also included among the leadership HH Prince Faisal Bin Abdullah Al-Saud, Minister of Education who provided an overview of the Kingdom’s education efforts in the first plenary session. Saudi Arabia, as Commerce Minister Alireza told the Forum, is “a knowledge-based economy, [where] what you earn depends on what you learn. The real wealth of any nation is its people. And Saudi Arabia is proud to be investing in this asset.”

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Event: Gulf Competitiveness Forum 2012

January 2, 2012

The 6th Annual Global Competitiveness Forum (GCF) organized by the Saudi Arabian General Investment Authority (SAGIA) is set to open in Riyadh later this month. This year’s Forum, titled “The Entrepreneurship Imperative,” will touch on all forms of entrepreneurship, according to the GCF Web site, “from social entrepreneurship to government; corporate and intrapreneruship to the importance of failure, the value of risk as well as the anatomy of an entrepreneur, amongst many more.” Among the speakers are Prince Faisal bin Abdullah, Minister of Education and Prince Turki Al-Faisal, Chairman of the King Faisal Center for Research and Islamic Studies. Today we bring you the Forum announcement provided by SAGIA.

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Change is the Only Constant – Prince Turki

January 2, 2012

The recent “Gulf and the Globe” conference in Riyadh featured top level Saudi and other GCC officials who addressed regional security issues in a global context. The forum which was held December 4-5, 2011, was jointly organized by the Institute of Diplomatic Studies (IDS) and the Gulf Research Center (GRC). Prince Turki Al-Faisal, Chairman of the King Faisal Center for Research and Islamic Studies and a former ambassador to the U.S., made headlines with remarks at the conference regarding acquisition of Weapons of Mass Destruction (WMDs). Prince Turki is not a member of the government but his frequent speeches and comments on foreign affairs are often interpreted as reflecting inside thinking..

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Annual Summary of Articles, Interviews and Special Reports – 2011

January 1, 2012

As we turn the page from 2011 to 2012 it’s time to take stock of the year past, a remarkable year for the Arab world and for those who follow developments in the historic relationship between the United States and Saudi Arabia. Part of our taking stock is sharing with you a useful list of the 2011 SUSRIS items. Today we present for your use a valuable resource we provide every year, the summary of SUSRIS articles, interviews, special reports and more. Among the highlights are hard to find views and insights of newsmakers and decisionmakers who have shared their perspectives with SUSRIS as well as on-scene, global coverage of critical meetings and conferences like the US-Saudi Business Opportunities Forum, the Arab-US Policymakers Conference, the Saudi-European Economic Forum, and the Opportunity Arabia Conference.

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The Saudi Economy in 2012: Jadwa

December 31, 2011

The Jadwa Investment firm in Riyadh released “The Saudi Economy in 2012″ report today. It is an excellent look at trends and prospects to arm you with insight and perspective on the direction and challenges for the domestic situation and the Kingdom’s significant role in the global economy. SUSRIS thanks Jadwa Investment’s Chief Economist, Brad Bourland, and Head of Research, Paul Gamble, for providing this important report for your consideration.

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Business Forum: Economy Overview and Modon – Dr. Rabiah

December 31, 2011

The recently concluded US-Saudi Business Opportunities Forum (Dec 5-7, Atlanta) featured an extremely rich assembly of senior government officials, business people and more. Among those who participated form the Kingdom were three serving ministers in the Government plus the Governor of SAMA, the central bank and dozens of other senior officials — all who provided the most complete and authoritative reviews of their respective areas of responsibility in keynote remarks and panel discussions. The Saudi delegation also included Dr. Tawfiq Rabiah, the Director General for the Saudi Industrial Property Authority, or Modon. He too would hold the title of Minister in the Saudi Arabian Council of Ministers with the announcement a week later that he was named to head the Ministry of Commerce and Industry. Today we provide for your consideration the remarks of Dr. Rabiah, in his capacity as chief of Modon, in which he touched on growth in the economy, the Saudi industrial strategy and the role of Modon. We suggest you open the embedded slides from Dr. Rabiah’s brief to further illuminate these topics as you review his comments. We have also included the video recording of his presentation.

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