Uncategorized

News – 2011.03.31
03/31/2011

News – 2011.03.31

SUSRIS News – Excerpts from International Media Reports
/Provided as a service from the Saudi-US Trade Group, Washington, DC/

News – 2011.03.23
03/23/2011

News – 2011.03.23

SUSRIS News – Excerpts from International Media Reports
/Provided as a service from the Saudi-US Trade Group, Washington, DC/

A “SME” Authority for Saudi Arabia
02/02/2011

A “SME” Authority for Saudi Arabia

Small and medium sized enterprises (SMEs) are “considered the most efficient instrument to accelerate the pace of economic and social development,” according to Saudi Monetary Agency chief Dr. Muhammad Al-Jasser. Speaking to a group of bankers in November he said, “small and medium enterprises provide a fertile environment for training workers and developing their skills; and help in speeding up the turnover of small amounts of invested funds.” .. An authority for SMEs, it is argued, will unlock the sector’s true potential. “The Shoura Council has recently given its approval for the creation of an SME Authority in Saudi Arabia,” said Naveed Siddiqui, CEO of CGI. “This is a critical development for the Kingdom. Today there is no single body responsible for policy formulation and coordination within this vital sector. The launch of an SME authority will be the most effective means to enhance the contribution of SMEs to Saudi Arabia’s economy.”

News – 2011.01.17
01/18/2011

News – 2011.01.17

SUSRIS News – Excerpts from International Media Reports
/Provided as a service from the Saudi-US Trade Group, Washington, DC/

Saudi-US Commerce Ties Remain Strong
01/09/2011

Saudi-US Commerce Ties Remain Strong

An American trade official said Saudi-US commercial ties remain strong and noted that more Saudi students now study in the United States than before 9/11… ..“One of the things I love about Saudi Arabia is that they appreciate quality, and they are willing to invest in quality,” Sanchez told a group of journalists gathered for a roundtable. “I know that American companies are among the most innovative in the world, and so they can bring innovation, the latest technology, in a number of fields.”

More Uncategorized