Daily Archives: May 20, 2017

Minister of Finance: agreements signed today strengthen Saudi economy in various fields

Minister of Finance: agreements signed today strengthen Saudi economy in various fields
Saturday 1438/8/24 – 2017/05/20 Riyadh, Sha’ban 24, 1438, May 20, 2017, SPA — Minister of Fin…

US Secretary of Commerce : Kingdom’s administrative capabilities will play an active role in achieving objectives of Kingdom’s Vision

US Secretary of Commerce : Kingdom’s administrative capabilities will play an active role in achieving objectives of Kingdom’s Vision
Saturday 1438/8/24 – 2017/05/20 Riyadh, Sha’ban …

Saudi Mission in USA: March of Services for Thousands of Saudi Students on Scholarships

Riyadh, Sha’ban 24, 1438, May 20, 2017, SPA — The Cultural Attaché’s Center for Career Development (CCD) at the Embassy of the Kingdom of Saudi Arabia in the United States of America has completed its 3rd year with the employment of more than 6000 Saudi students on Scholarships and the provision of about 4,000 consultations for a number of companies and institutions aimed at the functional skills of those students before their graduation.
The CCD has successfully communicated with the largest US and Saudi companies as well as government institutions to help the graduates in employment at more than 350 US or Saudi employers such as Boeing (21 graduates), Lockheed (10), STC (300), SABIC (more than 200) and Riyad Bank (250).
In this regard, the Center offers several alliances with employers to establish graduate training programs with companies, institutions and their affiliates that have contacts and communications with their counterparts in the United States of America to gain experience from the US working environment that would lead to direct employment in the Kingdom.
–SPA
13:36 LOCAL TIME 10:36 GMT

Saudi-US Trade Exchange amounts to SR142 billion in 2016

Riyadh, Sha’ban 24, 1438, May 20, 2017, SPA — The Ministry of Commerce and Investment said that the volume of Saudi-US trade exchange between the Kingdom of Saudi Arabia and the United States of America in 2016 amounted to about SR142 billion represen…

Saudi-US CEO Forum Discusses Kingdom's Vision 2030 in Social and Economic Fields

Riyadh, Sha’ban 24, 1438, May 20, 2017, SPA — The Saudi-US Chief Executive Officers (CEO) Forum under the slogan of ”‘Partnership for Generations” kicked off here today at Four Seasons Hotel in presence of a number of ministers and officials of the two countries. More than 50 US companies, over 40 Saudi companies and 9 companies from key international markets attended the forum.
In his speech, Minister of Energy, Industry and Mineral Resources Engineer Khalid Al-Falih dealt with the friendship between the Kingdom of Saudi Arabia and the United States of America which extends for eight decades. The friendship between the two countries contributes to achieving prosperity for the international community in general, and the two countries in particular.
Engineer Al-Falih disclosed that the relationship in the fields of trade and investment between the Kingdom and the United States is a part of the close friendship between the two countries, pointing out that there are many great opportunities to move the relationship between the two countries to higher levels.
“Our slogan in this forum is partnerships for future generations, not only the historical relationship between the two countries, but also a transitional phase and a major impact on generations in both countries,” Al-Falih said.
He added that the forum, at the end of its work, will witness many investment opportunities and initiatives that will contribute to strengthening partnerships between the Kingdom of Saudi Arabia and the United States.
The forum’s sessions were followed by a panel discussion on prospects for partnership between the two countries, moderated by Bloomberg TV presenter Francine Lacois in presence of a number of officials.
–More
11:00 LOCAL TIME 08:00 GMT

Argentine Vice President receives Director of Al-Imam University

Argentine Vice President receives Director of Al-Imam University
Saturday 1438/8/24 – 2017/05/20 Buenos Aires, Sha’ban 24, 1438, May 20, 2017, SPA –Vice-President of Republic of Arg…

U.S. trade rep Lighthizer says Japan agrees on fighting trade barriers

HANOI, Sha’ban 24, 1438, May 20, 2017, SPA — U.S. Trade Representative Robert Lighthizer and Japan’s economy minister, Hiroshige Seko, expressed an interest in strengthening bilateral trade and fighting trade barriers on Saturday, a statement from the…

Laurus Corp. Spearheads Sale of Hilton Garden Inn Philadelphia / Ft. Washington

Successfully achieving target returns for Ethika Diversified Opportunity Real Estate Fund, L.P. PHILADELPHIA, May 19, 2017 /PRNewswire/ — Laurus Corp., a U.S.-based private real estate investment and development firm, has completed the $22.5 million sale of the award-winning Hilton Garden Inn located in Fort Washington, Pennsylvania leading the asset to achieve a 20.1% gross IRR and […]