Helmerich & Payne Continues to Transform the Drilling Industry with Innovative Solutions
For more than 100 years, Helmerich & Payne (H&P) has been recognized as an industry…
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Saudi Mining Sector Webinar with MIMR Presents New Opportunities to U.S. Companies
On October 18, 2022, the Ministry of Industry and Mineral Resources (MIMR) and the Ministry…
The Sixth Future Investment Initiative Concludes with New U.S.-Saudi Business Agreements
From October 25-27, 2022, the sixth edition of the Future Investment Initiative (FII) took place…
Lifestyle Corner: Must-Attend Festivals in November
Saudi Arabia’s festival season is upon us, and November’s lineup of events promises to deliver…
Saudi Aramco Launches Joint Venture with NOV to Produce Drilling Rigs
The U.S.-Saudi Business Council (USSBC) is pleased to announce the launch of the Saudi-based joint…
USSBC, GAMI Highlight Opportunities in the Saudi Defense Sector during U.S. Visit
The U.S.-Saudi Business Council (USSBC), in partnership with Saudi Arabia’s General Authority for Military Industries…
Upcoming Event: Workshop on Exporting to Saudi Arabia
Date: September 14, 2022 Location: MGM Grand Hotel – Detroit, MI Join TÜV Rheinland and…
Upcoming Event: Future Investment Initative (FII)
Future Investment Initiative (FII) From October 25-27, 2022, the sixth edition of the Future Investment…
Lifestyle Corner: Activities and Events Celebrating Saudi Arabia’s 92nd National Day
On September 23, 2022, Saudi Arabia will celebrate its 92nd annual National Day commemorating the…
Upcoming Event: Global Artificial Intelligence Summit
From September 13-15, 2022, Riyadh will be home to the second edition of the Global…
Lifestyle Corner: Keeping Cool during the Saudi Summer
Saudi Arabian summers can be daunting for many, with highs reaching 115 Fahrenheit (46 Celsius)…
Post-Event Summary: Minnesota and Washington State Roadshows
Minnesota The U.S.-Saudi Business Council (USSBC), along with the Minnesota Trade Office (MTO) and Global…
1001 Arabian Flights: Featuring H. Delano Roosevelt and Curt Castagna
It’s no fantasy. The plan is to update and refurbish twenty-nine airports – and build…
18 New Cross-Border Commercial Agreements Signed During President Biden’s Saudi Visit
On July 15, 2022, the Saudi Ministers of Energy, Investment, Communications, and Health announced the…
U.S.-Saudi Business Council Facilitates $50 Million Agreement Signed During Biden’s Visit
With the help of the U.S.-Saudi Business Council (USSBC), U.S.-based Mitchell Rubber Arabia has signed…
The U.S.-Saudi Trade Relationship: Peace through Commerce
by H. Delano Roosevelt President & CEO, U.S.-Saudi Business Council After more than 75 years,…
6th Future Investment Initiative, October 25-27, 2022, Riyadh
The 6th edition of the Future Investment Initiative, “Investing in Humanity: Enabling A New Global…
International Monetary Fund Gives Saudi Economy Positive Outlook
Following the International Monetary Fund (IMF)’s latest Article IV consultation, which lasted from May 23…
GM: Driving the Kingdom’s Automotive Innovation into the Future
General Motors, a Chairman’s Circle member of the U.S.-Saudi Business Council (USSBC) and a global…
USSBC Participates at AAAE 94th Annual Conference & Exposition
The U.S.-Saudi Business Council (USSBC) participated at the annual AAAE Conference & Exposition, which was…
Lifestyle Corner: Where to Eat on Eid Al-Adha 2022
On July 9, 2022, Muslims across the globe will mark the end of Hajj by…
Saudi Arabia Updates COVID-19 Measures, Drops Mask Mandates
In June 2022, the Saudi Government announced that it was dropping indoor mask mandates and…
Lifestyle Corner: Jeddah Season 2022
Saudi Arabia’s Jeddah Season has proven to be a massive hit so far this year.…
Riyad Bank: Financing Saudi Arabia’s Future
Riyad Bank, a member of the U.S.-Saudi Business Council (USSBC), serves U.S. customers through its…
Saudi Arabia Invests in Digital Infrastructure with New Communications and Information Technology Law
On May 31, 2022, the Ministry of Communications and Information Technology (MCIT) announced the approval…
Announcement: Temporary Saudi Visa Restrictions
In advance of the Hajj pilgrimage season, Saudi Arabian Airlines has announced that as of…
U.S.-Saudi Business Council Hosts H.E. Dr. Samir Al Tubayyeb of the Saudi Ministry of Defense
On Monday, May 23rd, 2022, the U.S.-Saudi Business Council (USSBC) hosted H.E. Dr. Samir Al…
Flying in Style: USSBC Member Greenpoint Nominated for Design Award
The International Yacht & Aviation Awards 2022 shortlisted Greenpoint Technologies’ BBJ MAX 8 VIP interior…
Saudi Arabia’s Economic Outlook Upgraded in April
This month’s higher oil prices have contributed to improvements in Saudi Arabia’s sovereign balance sheet,…
Honeywell Leads the Way in Developing Next-Generation Technologies in Saudi Arabia
The U.S.-Saudi Business Council (USSBC) had the pleasure of speaking with Abdullah Al-Juffali, Country President,…
Lifestyle Corner: Eid Al-Fitr Activities 2022
On May 2, 2022, Muslims across the globe will mark the end of Ramadan by…
Richard A. Debs Announces Retirement as Vice Chairman, Business Council Welcomes New Board Appointments
Earlier this year, Richard A. Debs announced his retirement as Vice Chairman of the Board…
Yusuf Bin Ahmed Kanoo Co. Ltd. Seeks U.S. Partners to Develop Key Economic Sectors
The U.S.-Saudi Business Council (USSBC) is pleased to feature Yusuf Bin Ahmed Kanoo Co. Ltd.,…
Ramadan 2022: Food, Decorations, and Greetings
Ramadan, the holy month in the Islamic world dedicated to fasting, prayer, and reflection, takes…
NEOM: Recent Announcements and Developments
NEOM, the $500 billion megaproject for a zero-carbon, renewable energy-powered smart city in Saudi Arabia’s…
Saudi Arabia Announces the Launch of Future Aviation Forum this May in Riyadh
Under the patronage of the Custodian of the Two Holy Mosques King Salman, Saudi Arabia…
U.S.-Saudi Business Council, SWCC Forge New Relationships in the Growing Saudi Water Industry
The U.S.-Saudi Business Council (USSBC), in partnership with the Saline Water Conversion Company (SWCC) conducted…
Data in Saudi Arabia: the New Personal Data Protection Law
Saudi Arabia has passed a new Personal Data Protection Law (PDPL), bringing its regulations in…
Lifestyle Corner: Top Five Must-Attend Events in March
Thrill-seekers, sports enthusiasts, and music aficionados alike: prepare for a fun, adrenaline-filled March across the…
Proven Saudi Arabia Remains a Leader in Supporting U.S. Business in the Kingdom
As global business and travel begin to steadily increase following the pandemic, Proven Saudi Arabia…
USSBC Establishes New Membership Level for Saudi SMEs
The USSBC is pleased to announce that its Board of Directors has approved the establishment…
Interview: USSBC President & CEO H. Delano Roosevelt on “Frankly Speaking”
U.S.-Saudi Business Council President and CEO H. Delano Roosevelt recently sat down with award-winning journalist…
The Future of the Defense and Security Industry in Saudi Arabia: An Update
On February 2, 2022, the U.S.-Saudi Business Council (USSBC) and SAMI, a Saudi defense and…
Lifestyle Corner: Top Five Activities to Do at Home
While the recent spike in COVID cases across the Kingdom has not disrupted daily social…
Gaming and Esports in Saudi Arabia
The Saudi gaming and esports sectors are keeping pace with the rapid growth seen in…
Kingdom Announces Changes to COVID Regulations
The Saudi Ministry of Interior has announced that effective February 9th, citizens traveling outside of…
Proven SA and U.S.-Saudi Business Council Host Webinar on Investing in the Saudi Sports Sector
U.S.-Saudi Business Council (USSBC) President and CEO H. Delano Roosevelt kicked off the webinar with some brief remarks…
Business Opportunity: SABIC Behavioral Care Specialist Hospital
The U.S.-Saudi Business Council is pleased to bring to your attention the following business opportunity:…
Saudi Export Development Authority and U.S.-Saudi Business Council Organize Export Trade Mission to NYC
The U.S.-Saudi Business Council (USSBC) organized a program in New York City on December 6,…
Lifestyle Corner: Five Restaurants to Try in Riyadh in 2022
Saudi Arabia’s culinary scene has exploded during the last decade. Major global franchises such as the London-based “Roka,” Los…
Redwood Global Inc.: Fueling the Growth of Sustainability in Saudi Arabia
The U.S.-Saudi Business Council has recently had the pleasure of interviewing Mr. Joseph Szlavik, Vice…
Saudi Arabia Institutes New Mask Mandates
In the wake of the rapid global emergence of COVID-19’s Omicron variant, the Saudi government…
Exclusive Interview: Soudah Development Company
The U.S.-Saudi Business Council interviewed Husameddin AlMadani, CEO of Soudah Development Company, on the exciting…
NEOM’s Newest City: Oxagon
The latest ambitious addition to NEOM’s development, Oxagon, will be an eight-sided floating city adjacent to the gigaproject’s Red…
Lifestyle Corner: Must-Attend Sports Events this Winter in Saudi Arabia!
Saudi Arabia’s ambition of becoming the region’s sports hub is off to a hot start.…
New National Investment Strategy Marks a Significant Move toward Achieving Vision 2030 Goals
Saudi Arabia’s recently launched National Investment Strategy (NIS) has been noted as “a key enabler…
Summary: Saudi Arabia’s Future Investment Initiative 2021
Day One This year’s Future Investment Initiative (FII), a high-level conference and platform for discussion among…
Lifestyle Corner: the First Inaugural Saudi F1 Grand Prix in Jeddah
This year, from Friday, December 3rd to Sunday, December 5th, the Formula 1 Grand Prix…
The Professional Fighters League: Revolutionizing Mixed Martial Arts Worldwide
The Professional Fighters League (PFL), a Chairman’s Circle member of the U.S.-Saudi Business Council, is…
Lifestyle Corner: Must-Do Events This Fall in Saudi Arabia!
As the restrictions of the pandemic subside and the world slowly returns to normal, Saudi Arabia is ready…
From the President and CEO: Wishing You a Happy and Healthy Saudi National Day
On behalf of the U.S.-Saudi Business Council, I would like to take this opportunity to…
USSBC, Ministry of Industry and Mineral Resources, and Saudi Geological Survey Host Seminar during MINExpo
On Monday, September 13, the U.S.-Saudi Business Council (USSBC), the Ministry of Industry and Mineral…
Children’s Hospital of Philadelphia at the Forefront of Pediatric Healthcare Innovation
USSBC member Children’s Hospital of Philadelphia (CHOP) is widely recognized as a leader in pediatric…
(UPDATE) Lifestyle Corner: Activities and Events on Saudi Arabia’s 91st National Day
On September 23, 2021, Saudi Arabia will celebrate its 91st annual National Day commemorating the…
Interactive Development Company Targets More Projects across Saudi Arabia
From a single, humble office in Los Angeles to its current state as a regional…
P2S Inc. and Saudi Engineering Group International Sign MOU in USSBC-hosted Virtual Ceremony
The U.S.-Saudi Business Council (USSBC) hosted a virtual Memorandum of Understanding (MOU) signing ceremony between…
Aramco Supplier Forum: Linking U.S. and Saudi Manufacturers and Suppliers
On Wednesday, August 18, 2021, the U.S.-Saudi Business Council (USSBC) hosted an Aramco Supplier Forum in Houston,…
Lifestyle Corner: Music, Museums, Culture, and Seaside Activities in Jeddah
In Arabic, Jeddah’s motto is “Jeddah Ghair,” which means “Jeddah is different.” As Saudi Arabia’s…
SCCA, USSBC Hold Webinar on Managing and Resolving Commercial Disputes
In partnership with the Saudi Center for Commercial Arbitration (SCCA), the U.S.-Saudi Business Council (USSBC) hosted a webinar…
UPDATE: New Vaccination Travel Procedures for Non-Saudi Travelers Arriving to Saudi Arabia
As of August 1, vaccinated foreign visitors with tourist visas may now visit Saudi Arabia. The…
Amazon Fuels Saudi Arabia’s Booming Tech Startup Sector
Amazon, a member of the U.S.-Saudi Business Council (USSBC), is expanding its investments in Saudi…
Request for Expression of Interest: Rendering Opportunities for International Companies from Saudi Ports Authority
Saudi Ports Authority (“Mawani”), is planning the award of new concessions for eight (8) multipurpose…
Lifestyle Corner: Music, Museums, Culture, and the Arts in Riyadh
Under Vision 2030, Saudi Arabia’s economy and lifestyle are transforming at a dizzying pace. Visitors,…
IHCC Leads Saudi Construction Market with Innovative Building Solutions and Strategic Partnerships
International Hospitals Construction Company (IHCC), a member of the U.S.-Saudi Business Council, is one of the Middle East’s fastest…
Dussur Presents: Opportunities in Saudi Arabia’s Specialty Chemicals Sector
On June 30, the U.S.-Saudi Business Council (USSBC) hosted a webinar on the opportunities for…
GAMI Presents Growth Strategy for Saudi Military Sector in USSBC Webinar
The U.S.-Saudi Business Council (USSBC) and the General Authority for Military Industries (GAMI) presented an…
Saudi Arabia Launches Online Platform to Attract Private Investment in Sports Sector
On June 21, 2021, the Saudi Ministry of Sport launched a new online licensing platform called NAFES, designed to…
Saudi Lifestyle Corner: Ancient Towns, Misty Mountains, and Luxurious Getaways in Saudi Arabia’s Southwest
As travel and social distancing restrictions from the pandemic are slowly lifted, Saudi Arabia will…
Saudization Program Nitaqat Launches 2nd, Updated Version
The Saudi Ministry of Human Resources and Social Development’s (MHRSD) has launched a revised version of the Saudization program Nitaqat. The second version…
Sherbiny Holdings Expands its Horizons under Vision 2030
The U.S.-Saudi Business Council sat down with Majed M. Sherbiny, President of Sherbiny Holdings, to hear his thoughts…
GACA Announces New Travel Procedures for Non-Saudi Travelers Arriving to Saudi Arabia
The General Authority of Civil Aviation (GACA) announced the implementation of new quarantine procedures for…
World’s Largest Operator of Vertical Farms Joins the U.S.-Saudi Business Council and Seeks to Expand into the Saudi Market
Kalera, one of the fastest growing vertical farming companies in the world, has joined as…
Eid al-Fitr 2021: Words and Phrases
In the Muslim world, the end of Ramadan is marked by a one-to-three-day festival called Eid al-Fitr. This…
Saudi Lifestyle Corner: The Saudi Film Industry’s Top Productions and How to Watch Them
The burgeoning Saudi film industry, already undergoing rapid growth before the 2020 pandemic, is now…
First Annual Red Sea International Film Festival in 2021 Showcases Growing Saudi Film Industry
The Red Sea International Film Festival is set to take place for the first time…
Saudi Arabia Launches “Qiwa” E-Government App to Enhance Business Efficiency
Qiwa is an application created by the Saudi government to make it easier for investors…
Sempra Energy’s Jeffrey Martin Speaks about Energy Infrastructure Innovations and Sempra’s Role in Saudi Arabia’s Energy Transition
Sempra Energy is a U.S.-based, publicly held company and a leader in sustainable energy infrastructure…
Ramadan, COVID-19, and Changes in Saudi Consumer Behavior
Facebook, a U.S.-Saudi Business Council Chairman’s Circle member, commissioned a study with internet market research…
Riyadh’s Festival of Light Illuminates the City Sky
The ongoing Light and Art Festival “Noor Riyadh” is a fantastic option for anyone in…
Ramadan 2021: What to Expect and How to Participate
Ramadan, the holy month in the Islamic world dedicated to fasting, prayer, and reflection, is…
Saudi Ceramics Sets Course for U.S. Market
For over four decades, U.S.-Saudi Business Council Member, Saudi Ceramics, has led the Kingdom’s building…
Saudi Arabia Reforms “Kafala” Sponsorship System
The Ministry of Human Resources and Social Development (MHRSD) recently announced new labor reforms to the 70-year-old Kafala (sponsorship) system under the Labor Reform Initiative, allowing greater job mobility for migrant…
The Private Sector Participation Law and Privatization in Saudi Arabia
On March 16, 2021, H.E. Mohammed Al-Jadaan, Minister of Finance and Acting Minister of Economy…
SEDA, USSBC Hold Webinar Guiding Saudi Companies on Exporting to the United States
In partnership with The Saudi Export Development Authority (SEDA), the U.S.-Saudi Business Council (USSBC) hosted…
B&B Roadway Security Solutions and Al Kuhaimi Group Finalize Partnership Agreement in USSBC-Hosted Virtual Signing Ceremony
On March 10, 2021, B&B Roadway Security Solutions (B&BRSS), a U.S.-based provider of perimeter protection…
Saudi Arabia’s Public Investment Fund: New Strategies, Investments, and Diversification
The PIF’s New Investment Strategy Saudi Vision 2030’s next phase, unveiled in a January 2021…
Sherbiny and Oxford Business Group Publish Report on Saudi COVID-19 Economic Response
The “COVID-19 Response Report,” a collaborative report released in January 2021 by Mohammed Hassan Sherbiny for Commerce (Sherbiny, a…
U.S.-Saudi Business Council and National Council on U.S.-Arab Relations Conclude Virtual Discussion
On February 16th, 2021, the National Council on U.S.-Arab Relations (NCUSAR) and the U.S.-Saudi Business…
Sustainability in Saudi Arabia: Recent Energy Efficiency Initiatives
Saudi Arabia’s newest energy efficiency initiatives not only line up with its Vision 2030 goals…
2020 Year in Review: USSBC Contribution to B20 Saudi Arabia
Looking back on the previous year, it is clear that the G20 lived up to…
Disrupting Saudi Arabia’s Fitness Industry, Fahad Al-Haqbani Reflects on Armah Sports’ Groundbreaking “Smart” Solutions
Armah Sports, a Saudi innovator of smart fitness club concepts and a platinum member of…
U.S. Leading Innovator of High Tech Human-Centric Lighting Technologies Offers Solutions to Meet Saudi Sustainability and Energy Efficiency Needs
Energy Focus, an award-winning innovator in LED lighting and USSBC member, discusses what the new…
An Update on Vaccine Distribution in Saudi Arabia
Schedule Saudi Arabia’s coronavirus vaccination campaign began in December 2020 with the Pfizer-BioNTech vaccine. According…
Facebook and Social Media Popularity in Saudi Arabia
Facebook and its platforms – Instagram, WhatsApp, and Messenger – have skyrocketed in popularity with…
USSBC Leads its First Successful Virtual Business Development Mission to Saudi Arabia
The U.S.-Saudi Business Council (USSBC) successfully concluded its first virtual business development mission to Saudi…
Saudi Arabia’s Cloud Computing Regulatory Environment Highlighted by CITC in New Study
The Saudi Communications and Information Technology Commission (CITC) has published a new in-depth study comparing…
David King Reflects on SABCO’s Successful History in the Kingdom and Current/Future Objectives for the Market
In part II of Bechtel’s Member Highlight, the Council spoke with David King, President of…
Water in Saudi Arabia: Desalination, Wastewater, and Privatization
Importance & Demand Saudi Arabia is the largest country in the world without running surface…
Saudi Arabia Releases 2021 Budget Plan
Facing the dual threat of the COVID-19 pandemic’s economic effects and state of the oil…
ExxonMobil Announces Emission Reduction Plans; Expects to Meet 2020 Goals
U.S.-Saudi Business Council Chairman’s Circle member Exxon Mobil Corporation, announced today it plans further reductions…
75 Years of U.S. and Saudi Partnership
The U.S.-Saudi Business Council (USSBC) is pleased to be featured on the Group of Nations…
Ambassador Justin Siberell, Bechtel’s Newly Appointed President of Europe and the Middle East Region, to Continue Legacy of Success in the Kingdom
For over 75 years, U.S.-Saudi Business Council (USSBC) Chairman’s Circle member, Bechtel Corporation, has partnered…
Saudi Aramco’s Industry 4.0 Webinar with the USSBC
In partnership with Aramco Americas, the U.S.-Saudi Business Council (USSBC) hosted a webinar on October…
Concluding B20 Saudi Arabia’s Two-Day Virtual Summit
Under the theme “Transforming for Inclusive Growth,” B20 Saudi Arabia concluded its two-day summit with…
B20 Final Recommendations to G20, Part 3 of 3: Shaping New Frontiers
On October 5th, the B20 released their final recommendations to the G20 as prepared by…
Business Council Signs MOU with Saudi Export Development Authority
On October 19, 2020, the U.S.-Saudi Business Council (USSBC) signed a collaborative agreement with Saudi…
B20 Final Recommendations to G20, Part 2 of 3: Safeguarding the Planet
On October 5th, the B20 released their final recommendations to the G20 as prepared by…
B20 Final Recommendations to G20, Part 1 of 3: Empowering People
On October 5th, the B20 released their final recommendations to the G20 as prepared by…
Maine and Saudi Arabia: Growing trade and trust
It was near the end of World War II when my grandfather, President Franklin Delano…
A New Look towards Tourism, Culture, and Entertainment in Saudi Arabia
In 2016, Saudi Arabia announced its vision to reduce the dependence of its economy on…
Economic Brief: H1 2020 Budget Update
Overview The COVID-19 global pandemic has forced governments to grapple with significant social and economic…
Member Highlights – Chairman’s Circle Members Air Products and Chemicals and NEOM
On July 7, 2020, Air Products, ACWA Power, and NEOM announced the signing of an…
Overview: Saudi Arabia Startup Ecosystem
Saudi Arabia’s startup ecosystem has witnessed major growth in recent years, driven by greater foreign…
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…
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…
Economic Impact of VAT Increase
Overview Saudi Arabia’s dual shock of the coronavirus pandemic and a crash in oil prices…
Transitional Provisions Guidelines of VAT Rate Increase to 15%
On July 1, 2020 Saudi Arabia will begin to implement the new value added tax…
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…
USSBC Contract Awards Index First Quarter 2020
Highlights The total value of awarded contracts reached SAR45.2 billion ($12 billion) during the first…
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…
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…
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…
What You Need to Know: Saudi Arabia’s Reopening as Part of the Government’s Coronavirus Strategy
UPDATE: Saudi Arabia’s Ministry of Interior announced on June 5, 2020 a series of restrictions…
Council Announces New Virtual Service to Help You Find Your Business Partner
Are you looking to expand your business overseas? If you are a U.S. company seeking…
Saudi Arabia’s Public Investment Fund Buys Significant Stakes in U.S. Companies
Saudi Arabia’s $320 billion sovereign-wealth fund known as the Public Investment Fund (PIF) is the driving force behind Saudi…
Saudi Arabia Introduces New Opportunities in Sports and Athletics
The sports and recreation industry in Saudi Arabia is opening significant investment opportunities as the…
Saudi Arabia Announces 19% Increase in Foreign Investment Licenses in Q1 2020
Continuing the momentum that was witnessed in 2019, the number of foreign investment licenses in…
USSBC, B20 Lead Virtual Town Hall on B20 Saudi Arabia’s Initiative to Address COVID-19
VIEW B20 SAUDI ARABIA PRESENTATION VIEW USSBC PRESENTATION The U.S.-Saudi Business Council (USSBC), a member…
B20 Saudi Arabia Holds Virtual Plenary Session
B20 Saudi Arabia, in its role as the private sector’s voice to the G20, organized…
G20 Health Ministers Discuss Global Integrated Measures to Tackle Threat of COVID-19
The G20 Health Ministers meeting was held on April 19th to further discuss global coordination to combat COVID-19.…
USSBC, Proven Hold Webinar Regulations, Initiatives Related to COVID-19
WATCH WEBINAR DOWNLOAD PRESENTATION On April 20th, the U.S.-Saudi Business Council (USSBC) presented the Webinar…
G20 Ministers Plan to Hold Virtual Meetings to Minimize Impact of COVID-19 Pandemic on Healthcare, Agriculture, and Employment
The G20 Health Ministers will hold a meeting on April 19 to tackle the impact of COVID-19…
Saudi Arabia Extends Contracts and Waives Off Penalties Due to COVID-19 Related Delays
April 17, 2020 – Saudi Arabia allows government entities to extend contracts and waive delay…
The Saudi G20 Presidency calls for US$8 billion in Combating the COVID-19 Pandemic
The Kingdom of Saudi Arabia, as the holder of the G20 Presidency, has pledged $500…
Value of Awarded Contracts Reach SR197.1 Billion in 2019
Overview of Awarded Contracts During Q4 2019 The value of awarded contracts reached SAR35.3 billion…
Saudi Arabia Announces $35.2 Billion Stimulus Package to Mitigate Impact of Coronavirus
Saudi Arabia’s Minister of Finance and Acting Minister of Economy and Planning, H.E. Mohammed Al-Jadaan,…
Business Council is Pleased to Introduce our New Logo and Evolving Brand
Marking a new decade in 2020, the 75th Anniversary of U.S.-Saudi relations, and more than…
Business Council Celebrates 75th Anniversary of U.S.-Saudi Diplomatic Relations
February 14th marked the 75th anniversary of the historic meeting between U.S. President Franklin D.…
Business Council Releases its 2019 Annual Report
The Business Council is pleased to release its Annual Report for 2019. The report includes…
Business Council CEO Holds High-Level Meetings, Outreach during Visit to Saudi Arabia
In February, Delano Roosevelt, Business Council CEO, visited the Kingdom, where he met with numerous…
Saudi Arabia Establishes Ministries, Appoints New Ministers
Saudi Arabia issued several royal decrees announcing the appointment of ministers and the establishment of…
Letter from Chief Executive Officer
H. Delano Roosevelt Dear Members of the Business Council, I wish to extend my personal…
Saudi Arabia’s Emergence in Cyber Technology
Overview Cybersecurity is a growing global industry at the intersection of every sector and its…
Business Council Participates in the B20 Saudi Arabia Inception Event- Transforming for Inclusive Growth
Ms. Ana Carmen Neboisa, Vice President of the U.S.-Saudi Arabian Business Council (USSABC), was selected…
Saudi Arabia’s 2020 Budget Review
Overview The release of Saudi Arabia’s 2020 budget highlights a methodical continuation of efficient spending,…
Business Council Signs MOU with General Authority of Civil Aviation
December 10, 2019, the U.S.-Saudi Arabian Business Council (USSABC) signed a collaborative agreement with Saudi…
Saudi Ministry of Finance Releases National Budget for 2020
Saudi Ministry of Finance Releases National Budget for 2020.
SCCA Announces the Launch of its New Rules Advisory Committee
In light of the rapid developments regarding commercial arbitration in Saudi Arabia and the greater…
USSABC Aviation Mission Commences in Dammam
The U.S.-Saudi Arabian Business Council (USSABC) begins a Certified Trade Mission to Saudi Arabia in…
Saudi Arabia Assumes G20 Presidency
On December 1st, Saudi Arabia took over the Group of 20, G20, Presidency from Japan.…
Business Council Organizes Roundtable on New Saudi Arbitration Measures
On November 19, 2019 the U.S.-Saudi Arabian Council hosted the Saudi Center for Commercial Arbitration (SCCA)…
Business Council Brings Multi-Sector U.S. Delegation to FII
The Council lead a delegation of 10 companies to Saudi Arabia’s Future Investment Initiative (FII).…
Overview of the National Industrial Development and Logistics Program: Mining
In our efforts to keep members informed on the progression of the Saudi Vision 2030,…
Saudi Arabian Regulatory Reforms Advance Nation’s “Doing Business” Ranking
Saudi Arabia is the world’s most improved economy, according to the World Bank’s 2020 “Doing…
U.S.-Saudi Arabian Business Council Announces New CEO, H. Delano Roosevelt
The U.S.-Saudi Arabian Business Council (the “Council” or “USSABC”), a bilateral not-for-profit organization with offices…
U.S.-Saudi Arabian Business Council Hosts Roundtable Dialogue on Female Empowerment and Workforce Growth
VIENNA, VA – October 11, 2019 – The U.S.-Saudi Arabian Business Council hosted an executive…
Interested to attend the Future Investment Initiative, Riyadh, Oct 29-31?
The U.S.-Saudi Arabian Business Council is leading a U.S. mission to the invite-only Future Investment…
Business Council Holds Executive Luncheon with White House IP Enforcement Coordinator
On September 10, 2019, the U.S.-Saudi Arabian Business Council (USSABC) organized a business luncheon with…
Council Organizes Webinar in Collaboration with SABIC on Catalyzing Local Content Creation in the Kingdom
The Business Council, in collaboration with our Chairman’s Circle member SABIC, organized a webinar on…
Executive Summary: GAMI Licensing Regulations
Saudi Arabia’s General Authority for Military Industries (GAMI) recently began accepting licensing applications for firms…
IMF’s Article IV Consultation Projects Positive Growth from Vision 2030
According to the IMF’s Article IV Consultation, Vision 2030 programs are having a positive impact…
H.E. Yasir Al-Rumayyan Appointed Chairman of Saudi Aramco
The Council of Ministers appointed H.E. Yasir Al-Rumayyan, Managing Director of the Public Investment Fund…
Saudi Arabia Creates Independent Ministry of Industry and Mineral Resources
Saudi Arabia announced that it has created an independent Ministry of Industry and Mineral Resources,…
USSABC Organizes U.S. Business Tour with Saudi Economic Cities Authority
In July, the U.S.-Saudi Arabian Business Council organized a visiting delegation from the Saudi Economic…
Overview of the National Industrial Development and Logistics Program: Automotive
In our efforts to keep members informed on the progression of the Saudi Vision 2030,…
Overview of the National Industrial Development and Logistics Program: Industry 4.0
In our efforts to keep members informed on the progression of the Saudi Vision 2030,…
Oct 26-31: Delivering Change: Innovation and Localization Mission to Saudi Arabia
The U.S.-Saudi Arabian Business Council (USSABC) is leading a mission to Al-Khobar and Riyadh focused…
Saudi Arabia Approves New Procurement Law
The Saudi Government recently approved a new law aimed at streamlining procurement contracts and services,…
Overview of the National Industrial Development and Logistics Program: Logistics
In our efforts to keep members informed on the progression of the Saudi Vision 2030,…
H.R.H. Princess Reema bint Bandar Presents Credentials to President Trump as Saudi Arabia’s First Female Ambassador
Following her appointment in February, H.R.H. Princess Reema Bint Bandar presented her credentials to President…
Steve Demetriou Recognized in Construction Week’s 2019 Power 100
July 3, 2019 – Steve Demetriou, CEO of Jacobs Engineering Group, and U.S. Co-Chairman of…
Overview of the National Industrial Development and Logistics Program: Strategic Pillar – Food Processing
In our efforts to keep members informed on the progression of the Saudi Vision 2030,…
Overview of the National Industrial Strategy: Strategic Pillar-Medical Supplies
NIDLP aims to transform Saudi Arabia into a leading industrial powerhouse and a global logistics…
U.S. Commercial Service Explains Exporting to Saudi Arabia
Saudi Arabia is well situated to become a global leader of trade and commerce given…
Overview of the National Industrial Strategy: Strategic Pillar-Pharma and Bio
In our efforts to keep members informed on the progress of the Saudi Vision 2003,…
U.S.-Saudi Executive Breakfast Highlights Technology and Innovation Partnerships & Opportunities
INDIANAPOLIS, IN – May 23, 2019 – The U.S.-Saudi Arabian Business Council – in collaboration…
Business Council Offers Summaries of NIDLP Opportunities
In our efforts to keep members informed on the progression of the Saudi Vision 2030,…
IMF Article IV Reports Positive Growth in Saudi Arabia Following Economic and Regulatory Reforms
According to the IMF’s Article IV Consultation, economic reforms in Saudi Arabia have spurred new…
Council Holds Executive Briefing on Growing Opportunities in Civil Aviation
On May 7, 2019 the U.S.-Saudi Arabian Business Council, in partnership with the U.S. Commercial…
Council, TAQNIA Discuss New Opportunities in Saudi Research and Development
The U.S.-Saudi Arabian Business Council, in collaboration with the Council’s Chairman Circle member Mayer Brown,…
Council Names New Secretary General in Riyadh
In April, the Board of Directors of the U.S.-Saudi Arabian Business Council appointed Fatima AlHajari…
Saudi Arabia Posts First Budget Surplus since 2014, amid Plans to Increase Spending in 2019
At the recent Saudi Financial Sector Conference, H.E. Mohammed Al-Jadaan, Minister of Finance, announced that…
General John Abizaid Confirmed as New U.S. Ambassador to Saudi Arabia
On April 10th, the U.S. Senate voted overwhelmingly to confirm General John Abizaid as the…
U.S. Contributes to Saudi Aviation a 2030 Priority
Saudi Arabia is emerging as a key aviation transportation hub in the Middle East. A…
AccountAbility Releases New Sustainability Report
Business Council partner AccountAbility, a global consulting and standards firm, recently released a new report…
Council Exhibits Saudi Aviation Sector Opportunities at PBExpo in Florida
The U.S.-Saudi Arabian Business Council exhibited at PBExpo held in Ft. Lauderdale, Florida from March…
Council Presents Saudi Market Opportunities to Minnesota Businesses
Business Council Senior Vice President David Callahan and Senior Advisor for Industrial Strategy Jamil Alothman…
H.R.H. Princess Reema bint Bandar Appointed Ambassador to the U.S.
February 25, 2019 – H.R.H. Princess Reema bint Bandar was named Ambassador of Saudi Arabia…
Meet Our Economist
We sat down with Albara’a Alwazir, the Business Council’s Economist, to learn more about his…
New Development Program Targeting Industrial and Logistical Growth Launched in Saudi Arabia
As part of Saudi Arabia’s goal to attract new foreign investment, develop localized manufacturing, and…
Civil Aviation in Saudi Arabia: A Growing Market That Should Not be Overlooked
The U.S.-Saudi business relationship, which spans over 80 years, has had a significant impact on…
U.S.-Saudi Arabian Business Council: 2018 Year in Review
This past year marked the Council’s 25th anniversary. Over the past two and a half…
Saudi Arabia’s 2019 Budget Maintains Strong Spending, While Focusing on Growth in Key Sectors
The recent release and endorsement of Saudi Arabia’s budget for 2019 highlights the strategic path…
H.E. Dr. Ibrahim Al-Assaf Appointed Minister of Foreign Affairs
Former Minister of Finance H.E. Dr. Ibrahim Al-Assaf has been appointed as Saudi Arabia’s Minister…
Business Council Connects U.S. and Saudi Energy Industries at Power-Gen 2018
The U.S.-Saudi Arabian Business Council – in collaboration with the U.S. Foreign Commercial Service, Saudi…
Business Opportunities Unveiled at First U.S.-Saudi SME Forum
With the support of leading Strategic Partners Saudi Aramco and SABIC, the U.S.-Saudi Arabian Business…
Business Council Promotes Saudi Trade and Investment Opportunities throughout South Carolina and Georgia
In June, the USSABC President and CEO, Edward Burton, and Business Strategy Advisor, Mike Ryan,…
GACA, Business Council Organize Dialogue on New Civil Aviation Investment Opportunities
On June 28, 2018, the U.S.-Saudi Arabian Business Council, “the Council,” hosted an Executive Business…
Business Council Hosts Head of Saudi General Customs Authority to Discuss New Reforms
According to the Saudi Vision 2030, Saudi Arabia aims to become a global logistics hub…
Council Hosts Key U.S. and Saudi Stakeholders in Advance of TIFA Discussions
On May 11, 2018, U.S. and Saudi government officials from the Ministry of Commerce and…
Business Council Reception Honors Saudi Delegation to OTC
On May 1, 2018, the U.S.-Saudi Arabian Business Council, “the Council,” hosted an executive reception…
SAMI, USSABC Organize High-Level Conference on Defense Technology
Organized by Saudi Arabian Military Industries (SAMI) in collaboration with the U.S.-Saudi Arabian Business Council,…
Saudi Arabia Approves New Bankruptcy Law
In line with Vision 2030, Saudi Arabia’s cabinet has approved a new law which will…
Saudi Arabia Improves Business License Procedures
The Saudi Arabia General Investment Authority (SAGIA) has streamlined processes for 2018 to support foreign…
AccountAbility 2030 KSA Vision Check
AccountAbility is a global consulting and standards firm that works with business, governments and multi-lateral…
Saudi Arabia’s 2018 Budget Emphasizes Growth through Economic Diversification
Saudi Arabia’s 2018 national budget highlights the government’s keenness to accelerate economic growth while utilizing…
Crown Prince Mohammed bin Salman Announces NEOM Project at Future Investment Initiative
H.R.H. Crown Prince Mohammed bin Salman spoke at the Future Investment Initiative forum in Riyadh.…
Business Council Holds Executive Luncheon with Commerce Under Secretary Hernandez in Riyadh
On October 23, 2017, the U.S.-Saudi Arabian Business Council (USSABC) organized a business luncheon with…
IMF Optimistic on Future Saudi Economic Outlook
The International Monetary Fund’s (IMF) Article IV Consultation Report has concluded that the medium-term economic…