Overview: Saudi Arabia Startup Ecosystem
Saudi Arabia’s startup ecosystem has witnessed major growth in recent years, driven by greater foreign investment and government initiatives. Despite...
Virtual Discussion with Al Dhabaan & Partners regarding legal considerations for the evolving defense sector in Saudi Arabia
The U.S.-Saudi Business Council, in collaboration with our platinum member Al Dhabaan & Partners in association with Eversheds Sutherland hosted...
Webinar on Renewable Energy Opportunities in Saudi Arabia
The U.S.-Saudi Business Council, in collaboration with Ministry of Industry hosted a webinar with Dr Alex Hernandez, Director of Renewables...
Economic Impact of VAT Increase
Overview Saudi Arabia’s dual shock of the coronavirus pandemic and a crash in oil prices has led to more than...
Transitional Provisions Guidelines of VAT Rate Increase to 15%
On July 1, 2020 Saudi Arabia will begin to implement the new value added tax (VAT) increase from 5% to...
Foreign Investment into Saudi Arabia Up 7% to $4.6 Billion
According to the annual report by the UN Conference on Trade and Development (UNCTAD), foreign direct investment flows to Saudi...
USSBC Contract Awards Index First Quarter 2020
Highlights The total value of awarded contracts reached SAR45.2 billion ($12 billion) during the first quarter of 2020, marking an...
Saudi Cabinet Issues New Mining Law to Boost Foreign Investment
The Saudi Cabinet approved a new mining investment regulation that intends to facilitate foreign investment in the mining industry and...
USSBC Economic Brief: B20:Initiative to Address COVID-19 Impact
Overview The global pandemic of COVID-19 represents an unprecedented challenge for governments and businesses. The virus now accounts for 5.2...
Virtual Discussion with SAMI Emphasizes Opportunities for Military Industry Localization in Saudi Arabia
The U.S.-Saudi Business Council, in partnership with the U.S. Commercial Service in Riyadh and the American Business Group of Riyadh,...