Saudi, US officials discuss investment opportunities

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US business executives participate in an event discussion organized by the US-Saudi Arabian Business Council (USSABC) in Washington on May 9, 2019. (USSABC via Twitter)
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Majed Alonazi of the Saudi Technology Development and Investment Company (TAQNIA) and Charles Hallab of the Mayer Brown law firm led the roundtable discussion in Washington on May 9, 2019. (USSABC via Twitter)
Updated 11 May 2019
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Saudi, US officials discuss investment opportunities

WASHINGTON: The US-Saudi Arabian Business Council (USSABC) held a roundtable discussion in Washington on Wednesday, to discuss investment opportunities in Saudi Arabia.

The event was hosted by the legal firm Mayer-Brown and the Saudi Technology Development and Investment Co. (TAQNIA).

More than 30 US companies participated in the roundtable, including specialists in defense, security, cybersecurity, space, renewable energy and health care.

The roundtable is just one of the many annual activities that the USSABC hosts in Saudi Arabia and America to promote partnerships between businesses from the two countries.


Taif festival attracts record-breaking 370,000 visitors

The festival’s location underscores the historical and literary significance of Taif. (SPA)
Updated 8 sec ago
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Taif festival attracts record-breaking 370,000 visitors

  • Commission CEO Abdullatif Alwasel said the event’s success reflects a strategic effort to integrate literature into daily life and expand creative spaces across Saudi Arabia

TAIF: The Saudi Literature, Publishing and Translation Commission concluded its third Writers and Readers Festival in Taif. Running until Jan. 15, the event drew over 370,000 visitors, a record-breaking figure that solidifies the festival’s standing as a cornerstone of the Kingdom’s cultural calendar.

Commission CEO Abdullatif Alwasel said the event’s success reflects a strategic effort to integrate literature into daily life and expand creative spaces across Saudi Arabia.

The festival’s location underscores the historical and literary significance of Taif, which in 2023 became the first Saudi city designated as a UNESCO Creative City of Literature.