Mr. Al Seif This is Me

Education

 Web References

1. 1. SUSRIS - Saudi-US Relations Information Service

   www.saudi-us-relations.org/art - [Cached]

   Published on: 11/27/2004   Last Visited: 5/27/2006

   Mr. Al Seif: The business relationship between the United States and Saudi Arabia is an old and historic relationship, which has been very beneficial for both Saudis and Americans.
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   Mr. Al Seif: What has been happening there is quite exciting.
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   Mr. Al Seif: If you look at the history of the Saudi economy we had an oil boom and then a slowdown in oil production.
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   Mr. Al Seif: The second driver is the increase in oil production.
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   Mr. Al Seif: Increasing production does not mean that we just open the tap and produce more from the existing wells.
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   Mr. Al Seif: The trade mission's purpose is not just to attract investments.
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   Mr. Al Seif: It is apparent to us that there really is a new stage in the relationship based on the warmth we have seen from the American officials we have met and representatives of the American companies that have attended the trade mission meetings.
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   Mr. Al Seif: The delegation was developed by the Commission of International Trade, one of the main committees of the Saudi Council of Chambers of Commerce.
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   Mr. Al Seif: New York was the first stop and things went quite well.
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   Mr. Al Seif: The sum of $623 billion is the estimate of the total expenditures that will be required in Saudi Arabia up to 2020.
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   Mr. Al Seif: These are all major steps.
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   Mr. Al Seif: We still have work to do, but I think you should see the meeting that took place between President Bush and Crown Prince Abdullah last month in Texas as a commitment from both leaders to the future of the relationship.
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   Mr. Al Seif: This is a very good question but to tell you honestly, whenever we have had the chance to meet face to face with American groups or individuals the differences disappear.
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   Mr. Al Seif currently serves as Chairman of the Saudi Committee for the Development of International Trade (CIT) at the Council of Saudi Chambers of Commerce and Industry. He has officiated as board member of the Saudi-British Council since January 1993; board member of the Arab-British Chamber of Commerce, London, UK since February 1996; on the Board of Directors of Riyadh Chamber of Commerce and Industry, Riyadh, Saudi Arabia (2004-2008); board member of Royal Philanthropic Society for Science (Prince Sultan University) since 1999; and President and CEO of El Seif Group of Companies, Riyadh, Saudi Arabia.
   
   As the President and CEO of El Seif Group of Companies, Mr. Al Seif is a board member of the following Saudi and international companies: Musaed Al Seif & Sons Company; Saudi Medicare Company; International Management Development Company; Dana Investment and Development Company; Al Azizia Commercial and Investment Company; National Power Company; Modern Arab Construction Company; Marina Towers S.A.L.; and El Seif Holding Company in Lebanon. He has founded the following companies: Arabian Medicare Company; Universal Advanced Systems Company; El Seif Engineering Contracting Establishment; and El Seif Development Company.
   
   Mr. Al Seif holds a B.S. in Civil Engineering from the American University in Beirut.