The following is a summary of all announcements from the past month regarding investment deals, partnerships, and other commercial news between U.S. and Saudi companies.
OIL, GAS, & PETROCHEMICALS
U.S.-Based CarbonCapture Raises $80 Million from Saudi Aramco, Others
Los Angeles-based CarbonCapture, which aims to build machines that suck carbon dioxide out of the air to fight climate change, said it had raised $80 million from investors that include Saudi oil giant Saudi Aramco.
Saudi Aramco is a member of the Business Council.
ICT
Wildix Announces Entry into Saudi Arabia with AlJammaz Technologies Partnership
Wildix, a global innovator and leader in Unified Communications and Collaboration (UC&C), announced a strategic partnership with AlJammaz Technologies, marking a significant milestone in Wildix’s global expansion. This collaboration establishes AlJammaz as the first distributor of Wildix’s advanced UC&C (Unified Communications & Collaboration) solutions in the Saudi Arabian market.
