A US-Saudi CEO Summit was launched in Riyadh on Sunday. Leading officials and businessmen from Saudi Arabia and the US attended the summit with the aim of exploring areas of economic cooperation between the two countries.
Council of Saudi Chambers (CSC) Chairman Abdulrahman Al-Zamil stated that the US-Saudi CEO Summit is a key tool for American and Saudi businesspersons to interact with each other to promote bilateral trade.
“Twenty five leading US executives and businessmen flew into Riyadh to attend this historic summit and meet with their Saudi counterparts. We aim to support the economic development plans of the Kingdom, which include diversification of the economy and job creation, and enhance bilateral trade relations with our Saudi counterparts,” US Chamber of Commerce President and CEO Tom Donohue said.
The summit’s agenda focused on an array of topics of high importance, including planning work force productivity and education, supply chain development, business environment, and knowledge-based economy focused on health care.
Participants of the summit will reconvene in Washington, DC, which will become a once-a-year meeting starting 2017. The summit will rotate between Washington DC and Riyadh.
Donohue added that there are opportunities for competitive US firms to transfer their technology and knowledge into the Saudi market and create partnerships with leading Saudi firms.
The US Chamber of Commerce is the world’s largest business organization, representing the interests of more than 3 million businesses of all sizes, sectors, and regions.
The CSC is the official federation in Saudi Arabia, representing 28 chambers of commerce, as well as institutions of the private sector.
The CSC additionally has 37 national committees, which work closely with concerned bodies to address issues of related sectors. It also has 36 Saudi-foreign business councils, which have an effective role in enhancing the Kingdom’s economic relations with other countries.
US-Saudi CEO Summit focuses on skills boost
US-Saudi CEO Summit focuses on skills boost
SUV reimagined: ALJ Motors launches new Toyota RAV4 in Kingdom
Abdul Latif Jameel Motors, the authorized distributor of Toyota vehicles in Saudi Arabia since 1955, has announced the launch of the new Toyota RAV4, reinforcing its commitment to delivering efficiency and enhanced features within the SUV segment in the Kingdom.
The new RAV4 features a modern design that exudes confidence, supported by comprehensive enhancements across technology, safety systems, and vehicle features, further elevating the driving experience and meeting the evolving needs of guests.
The model is available in multiple grades that include gasoline and expanded hybrid options, providing guests with broader choices that combine performance and improved fuel efficiency.
Additionally, the new RAV4 introduces multiple performance configurations, including a two-liter gasoline engine delivering 170 horsepower and 203 Nm of torque. The upgraded hybrid engine offers a 2.5-liter powertrain producing 230 horsepower in front-wheel drive and 239 horsepower in all-wheel drive variants, with up to 221 Nm of torque.
Safety is enhanced through the latest generation of Toyota Safety Sense, advanced driver assistance technologies, blind spot monitor, panoramic view monitor, and a comprehensive airbag system, offering greater confidence across various driving conditions.
The new model also offers enhanced digital features, which include a 12.3-inch digital instrument cluster and a central display of up to 12.9 inches in higher grades, in addition to refined comfort features that enhance the overall in-vehicle experience.
Mazin Ghazi Jameel, managing director of Toyota marketing operations at ALJ Motors, said: “The all-new RAV4 represents a strategic step in strengthening our presence within the SUV segment in the Kingdom of Saudi Arabia. By offering expanded hybrid options and enhanced features, we are delivering a vehicle that meets the daily mobility needs of our guests while reinforcing Toyota’s commitment to quality and reliability.”
Since 1955, ALJ Motors has worked in collaboration with Toyota to deliver a distinguished vehicle ownership and after-sales experience across the Kingdom. Leveraging decades of expertise across the mobility value chain, ALJ Motors continues to enhance its products and services to meet the evolving expectations of its Saudi customers.
