Monthly Newsletter 2011
Table of Contents

Trade Mission Series:
Qatar, Bahrain, Oman & UAE
October 14 - 21, 2011

Unprecedented public sector spending, large-scale industrial expansion and growing consumer demand make the Middle East and North Africa (MENA) region one of the most import-intensive markets in the world. American products and services are highly valued in this region and in spite of the economic downturn the following sectors continue to enjoy growth opportunities: Oil & Gas Services, Equipment, Infrastructure, Transportation, Healthcare, Power Generation, and Water.

For more information please contact:
Hala Al-Abdulwahed at hala@bilateralchamber.org

Trade Mission Series:
Saudi Arabia & Kuwait
December 9 - 15, 2011

The Bilateral US-Arab Chamber of Commerce will be leading a US Energy Delegation of high-level executives to Saudi Arabia and Kuwait to introduce them to leadership and critical decision-makers in the oil, gas & petrochemical sectors. Delegates will also have unparalleled access to private sector decision-makers and government officials, prospective agents, and one-on-one networking opportunities. The Bilateral US-Arab Chamber marks its 16th year leading successful US Trade Delegations to the Middle East and North Africa. The Bilateral works hand-in-hand with US Departments of Commerce, State, Energy and the Administration, and each of their Ministerial counterparts in the Middle East and North Africa. Leveraging these unique relationships built over time, Bilateral Chamber's success ratio for delegates doing business AFTER a Trade Mission to the countries they visit exceeds 82% to date.

For more information please click here or contact:
Vranae Pavlich at vranae@bilateralchamber.org or
Hala Al-Abdulwahed at hala@bilateralchamber.org

Ambassador Series: Ambassador Samir Sumaidaie
October 19, 2011 | Houston, TX

The Bilateral US-Arab Chamber of Commerce is proud to announce an exclusive briefing with Ambassador Samir Sumaidaie, The Iraq Ambassador to the United States.

For more information, click here or contact: Vranae Pavlich at Vranae@bilateralchamber.org

Inbound Mission Series: Iraq Ministry of Oil & State Company for Oil Projects
October 24 - November 3, 2011
Houston, TX & Washington, DC

The Bilateral US-Arab Chamber of Commerce is pleased to announce the USTDA-led delegation from the Iraq Ministry of Oil (MOO) and State Company for Oil Projects (SCOP). This high-level delegation is seeking to explore U.S. oil & gas technology and companies in Houston and Washington, DC. In an effort to promote economic growth within the energy sector, the aim of this inbound delegation will be to encourage business between the private and public energy sectors in the United States and Iraq.

Contact: Vranae Pavlich at Vranae@bilateralchamber.org

Iraq Refugee Assistance Program Fundraiser
October 18, 2011 | Houston, TX

Aida Araissi, President of the Bilateral US-Arab Chamber of Commerce, along with Khudairi Group and other sponsors, will co-chair a private benefit for the Iraqi Refugee Assistance Program (IRAP) on October 18th in Houston. IRAP's network of over 300 attorneys and law students provide families with pro-bono legal representation to navigate the Refugee Admissions Process and settle safely in the west. To carry on its work, IRAP seeks financial support from individual donors and grant-makers. Join us to help people forced to see their homes by the war and its violent aftermath. It is the right thing to do for our country, as well as for Iraqi families driven from their homes by circumstances beyond their control.

For information on the event, IRAP, or to make a tax deductible donation please email Becca Heller at info@iraqirefugee.us or visit www.iraqirefugee.us.

ExxonMobil MENA Scholars Program

ExxonMobil Middle East and North Africa Scholars Program

The ExxonMobil Middle East and North Africa Scholars Program provides select student leaders with a fully-funded scholarship towards the completion of a Master's degree. The scholarship provides placement at a leading university in the United States and covers the cost of travel, tuition, medical insurance, housing and books. Additionally, a monthly living stipend is provided for the duration of the scholarship program. Enrichment events and summer internships with ExxonMobil are also possible. This scholarship is funded by ExxonMobil and administered by the Institute of International Education (IIE).

The deadline to submit online applications for 2012 scholarships is October 30, 2011. Finalists will be invited to a selection event in December. Selected scholars will receive placement assistance for a university program in the United States.

Applicants must be a citizen of one of the program countries: Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Tunisia, UAE, and they must be native Arabic speakers that have lived the majority of their lives in the region.

Eligible majors include:

  • Geosciences
  • Engineering
  • MBA (must have an engineering or science background)

For more information and to apply online go to www.iie.org/exxonmobilscholars

For additional information about the program, contact:
David DeGroot
Institute of International Education - Houston
Email: exxonmobilscholars@iie.org
Tel: +713-621-6300 ext. 23

Yasmine El-Bendary
Institute of International Education - Cairo
Email: exxonmobilscholars@iie.org
Tel: +202-25242172 ext. 115


News
Construction and Real Estate
OCI unit wins $552m Saudi stadium deal
Bahrain-Qatar causeway to be redesigned
Hyundai E&C wins $434m deal in Qatar
Al Hilal breaks ground on flagship project
  View all articles
Economy
Saudi Arabia: Economic development
Oman: A competitive edge
Mideast banks told to boost lending
Qatar: Bank balance
  View all articles
Education
Kuwait: Investing in human development
RAK FTZ teams up with BIT to run college
Dubai Fashion school draws new talents
  View all articles
Energy
EU adopts oil embargo on Syria
Gulf likely to trim oil output as Libya recovers
Egypt, Turkey developing electricity and renewable energy cooperation
South Sudan seeks alternative to North Sudan oil pipeline
  View all articles
Finance
Qatar in talks over possible BNP stake
Abu Dhabi gets tough on units' finances
Lebanon included in HSBC restructuring plans
Bahrain sets framework for $9bn bond issue
  View all articles
Industry
Oman: Pedal to the metal
Saudi Aramco seeks partners in upstream technologies
Rusal interested in Iran, denies talks
UAE sees strong growth in industrial sector
  View all articles
Retail
Bahrain: Retail gets a boost
Fujairah mall project set for 2012 launch
Lebanon: Retail sees slowing sales
  View all articles
Telecoms
Jadwa seals Saudi UMG stake deal
Mobily seeks $2.7 billion loan refinancing
Asiacell launches BlackBerry service in Iraq
Djezzy valued at $7bn says report
  View all articles
Tourism
Jordan: Planning for tourism growth
Qatar to invest $20bn in tourism through 2022
Abu Dhabi: Tourism achieving targets
Iraq 5-star hotel project on track
  View all articles
Transport
Kuwait: Private participation takes flight
Gulf states push for rail projects
Qatar to spend $45bn over road, rail
Air France-KLM splits $12bn jet order
  View all articles
Utilities
Dubai extends power plant bid date to Dec 12
Saudi Electric to sign $2.85bn power plant deal
$2bn plan to double Bahrain's power supply
$12bn power, water projects 'ongoing in ME'
  View all articles

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