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PHOTOS: The 2013 SACM Graduation Ceremony in Washington
As part of SUSTG.org’s coverage of the 2013 SACM Career Fair and Graduation Ceremony at the Gaylord National Harbor in the Washington, D.C. area, we are pleased to follow up on our album from the Career Fair portion of the SACM-organized event to the Graduation Ceremony, which took place in the hotel’s sprawling exhibition space […]
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PHOTOS: The SACM 2013 Career Fair Held at National Harbor
The 2013 SACM Career Fair kicked off today at the Gaylord National Harbor hotel. Organized by the Saudi Arabian Cultural Mission to the United States (SACM), the event matched thousands of students with potential employment opportunities in Saudi Arabia.
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WHO Director General: I appreciate Saudi cooperation against the new virus
The Saudi Press Agency reports that the Director General of World Health Organization (WHO) Dr. Margaret Chan “expressed thanks to the Kingdom of Saudi Arabia for its cooperation with WHO against Coronavirus.”
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Reuters Analysis: Oil saving win-win drives Saudi solar power boom
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SACM Career Fair: U.S. Ambassador to Saudi Arabia says ‘Future is Full of Opportunity’
The U.S. Ambassador to Saudi Arabia, James Smith, wrote in Al Arabiya today a congratulatory letter for the roughly 8,000 Saudi students who are graduating this week at the SACM Career Fair and Graduation Ceremony. “More than 70,000 young Saudis and their families have chosen to study in the United States. Their presence on our […]
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5 Things to Know About the 2013 SACM Career Fair and Graduation Ceremony This Week
The 2013 SACM Career Fair and Graduation Ceremony begins this week at the Gaylord National Harbor in the Washington, D.C. area. Thousands of Saudi students will descend on the nation’s capital to participate in this impressive event, which celebrates the achievements of Saudi students on the King Abdullah Scholarship Program and matches them with real […]
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Slideshow: Coming to Riyadh’s KAFD: A Female-Designed Metro Station
A leading female architect has been chosen to be the lead architect of the forthcoming metro station in the brand-new King Abdullah Financial District, Arabian Business reports.
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Saudi Arabia: Car Manufacturer?
A new report states that Saudi Arabia is in negotiations with Jaguar Land Rover for a production line in Yanbu, an industrial city, following an initial agreement signed last year. The National reports that the Indian-owned company “can count on Saudi government investment of close to US$1 billion and some of the world’s cheapest aluminium. […]
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Saudi Aramco to open 3 research centers in the United States
Saudi Aramco announced the opening of three research centers in the United States at the Offshore Technology Conference in Houston today, according to a report in Rigzone. The three new centers in the United States will “join a worldwide network of research centers established by Saudi Aramco to leverage scientific expertise and further complement the cutting-edge […]
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Save the Date for the 2013 U.S.-Saudi Business Opportunities Forum in Los Angeles, California
The 2013 US-Saudi Business Opportunities Forum, to be held in Los Angeles, California at the JW Marriott L.A. Live on September 16-18, is the third in a series of extraordinarily successful gatherings featuring top American and Saudi government and private sector leaders and providing an ideal platform for building new and lasting business ties. Please visit www.us-saudiforum.com to register your interest.
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MUST-READS
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Saudi FM: Two-State Solution Basis for Peace, Security in the Region
The FM, along with foreign ministers and representatives from European countries, was in Brussels to attend a meeting of the Ministerial Committee assigned by the Joint Arab-Islamic Extraordinary Summit on Developments in the Gaza Strip.
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Saudi Arabia is reportedly trying to plug a $21 billion deficit by selling bonds
The kingdom will issue dollar-denominated three, six, and 10-year sukuk notes as part of an effort to plug a fiscal shortfall that's expected to hit $21 billion by the end of the year, the outlet reported citing an unnamed source.
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‘Norah’ Review: A Striking Debut About Artistic Repression in ’90s Saudi Arabia
The first Saudi Arabian film ever selected for Cannes, the tender rural drama “Norah” is writer-director Tawfik Alzaidi‘s first feature film. The story of a schoolteacher tasked with introducing literacy to an isolated village and his unlikely relationship with a precocious young girl, the movie suffers from a few early-career filmmaking tics, which prevent all its pieces from all neatly fitting together. However, it’s also underscored by the kind of optimism and poetry about art that one often finds in novice works from directors destined to make more polished and accomplished films (if perhaps more cynical ones).
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Red Sea Shipping Crisis
Each year, almost 6,000 container ships travel the world’s oceans and deliver about $7 trillion worth of goods to ports – producing climate-warming carbon dioxide (CO2) emissions along the way. There are about 100,000 ships at sea at a given time, including oil tankers and bulk carriers.
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Israel denies strike on camp near Rafah that Gaza officials say killed 21 people
Israel's military denied striking a tent camp west of Rafah on Tuesday after Gaza health authorities said Israeli tank shelling had killed at least 21 people there, in an area Israel has designated a civilian evacuation zone.
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Saudi Arabia Taps Bond Market With $5 Billion Sukuk Deal
The kingdom sold the bonds through notes maturing in three, six and 10 years, according to a person familiar with the matter, who asked not to be identified. The deal was priced at yields of 60 basis points more than comparable US Treasuries for the shortest tranche and at 85 basis points for the longest tranche, the person said. That’s down from initial discussions for around 85 to 110 basis points.
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Saudi Exchange approves listing of $12.08bn in govt debt instruments
Saudi Arabia’s stock exchange has approved the listing of SR45.28 billion ($12.08 billion) worth of government debt instruments submitted by the Ministry of Finance.
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Opinion: Saudi Arabia Is Becoming One of Biden’s Most Important Swing States
The transformation overseen by Crown Prince Mohammed, often referred to simply as MbS, has led to substantial shifts in the kingdom's domestic outlook, which has embraced a more globalized character and a transition away from oil dependence, among other initiatives in line with the youngest-ever heir to the throne's ambitious Vision 2030 plan. It's also prompted a recalibration of foreign relations and the pursuit of more robust ties with other leading powers, including top U.S. rivals China and Russia.
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Franklin Templeton launches its debut campaign in Saudi Arabia
Franklin Templeton has announced the debut of its inaugural brand campaign in Saudi Arabia. Following the investment firm’s operational launch in Riyadh in March, the six-week advertising campaign highlights its long history, core values, and breadth of investment capabilities in Saudi Arabia.
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Elon Musk’s xAI raises $6bn from investors including Saudi Arabia’s Prince Alwaleed
Elon Musk's artificial intelligence start-up xAI has raised $6 billion in a series B funding round that includes participation from Saudi billionaire Prince Alwaleed bin Talal and his investment company Kingdom Holding, as it seeks to challenge rival OpenAI.
The round, which also saw investments from Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital and Fidelity Management & Research Company, will support the market launch of xAI's products, the company said on Monday.
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