Monthly Newsletter December 2008
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Focus on North Africa
Aida Araissi, Managing Director of BUSACC discusses the opportunities for US companies in Libya with Dr. Saif Al Islam Qadaffi and BUSACC Board Members.
David L. Phillips, Chairman of BUSACC with Dr. Saif Al Islam Qaddafi

Historic Visit of Saif Islam Qaddafi to Houston

Members of the President's Circle and Advisory Board of the Bilateral US-Arab Chamber of Commerce joined civic leaders of Texas in welcoming Saif Islam Qaddafi in a Luncheon Roundtable sponsored by ExxonMobil. This visit comes after decades of tense relations between the US and Libya, recently resolved after the settlement of the Lockerbie Case. The compensation agreement was the last hurdle to a full normalization of ties with Washington.

Ambassador Gene Cretz sits down with Houston Community College student delegates representing Libya at this year's Bilateral Model Arab League Conference.
Ambassador Gene Cretz engaged BUSACC Executive Members in a roundtable discussion at a business dinner sponsored by Fluor Corporation and Marathon Oil Corporation.

Dinner Roundtable Featuring US Ambassador to Libya

The Senate confirmed the nomination of career diplomat Gene Cretz as the first US ambassador to Libya in 36 years. The Bilateral US-Arab Chamber of Commerce and the US Commercial Service welcomed newly appointed Ambassador Cretz to Houston, Monday, December 8th. The Chamber organized an executive roundtable dinner attended by senior executives of member companies with interests in Libya. Steve Guidry, President of Marathon Libya and Jim Heavner, Senior Vice President, Fluor Corporation co hosted the exclusive dinner of 30 guests and facilitated the informative discussion.

Photos by: Catwalkphotography.net

Holiday Greetings

HolidaysThe Bilateral US-Arab Chamber of Commerce wishes you and your loved ones a blessed Eid al-Adha to our friends in the Middle East and a Merry Holiday Season.

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Update on Algeria

Douglas Wallace, Senior Commercial Officer, U.S. Embassy - Algiers, Algeria

  • Sonatrach announced three new gas discoveries in the basins of Illizi (South East) and Oued Mya.
  • Starwood Hotels & Resorts Worldwide will manage the major new Meridien Hotel development in Oran under an agreement with Sonatrach, the owner.
  • The Algerian power utility, Sonelgaz, recently announced a $29 billion investment program for the period 2007-2017.
  • Read More