LEAP 2024: Saudi Arabia Jumps into the Global Data and Technology Industry
The LEAP 2024 conference, held from March 22-24 in Riyadh with over 170,000 attendees, concluded with significant advancements and announcements...
U.S.-Saudi Business Council Hosts Program in Lafayette on Saudi Oil & Gas Market Opportunities
The U.S.-Saudi Business Council (USSBC) and supporting partners led a day-long program on Saudi market opportunities on December 5, 2023...
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 venture Arabian Rig Manufacturing, established...
Saudi Aramco Announces $70 Billion SABIC Stake Deal
Saudi Aramco has finalized its purchase of a 70% stake acquisition in petrochemicals company, Saudi Basic Industries Corporation (SABIC), from...
Aramco Launches Possibly Largest IPO in Financial Markets History
November 4, 2019 – Saudi Aramco launched its long-anticipated initial public offering (IPO) on Saudi Arabia’s stock exchange market, Tadawul,...
Saudi Intellectual Property Authority Boosts Economy
April 27, 2018 – The Saudi Intellectual Property Authority (SIPA) has announced the development of a strategy which will support...
Saudi Arabia’s Privatization Program Plans Have Been Approved
April 26, 2018 – Saudi Arabia’s Council of Economic and Development Affairs has approved “Delivery Plan 2020”, a privatization program...
Cinema Returns to Saudi Arabia, AMC Theatres Screens “Black Panther”
April 19, 2018 – Saudi Arabia’s first movie theater in over three decades was officially launched with the private showing...
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, the Defense Technology and Security Conference concluded its sessions with the participation of more than a dozen high-profile speakers and over 100 industry leaders, advisors, regulators, and influencers who came to discuss and learn more about Saudi Arabia’s vision and strategic outlook in developing its defense industry with a special focus on technology and security as the two main components of the program.
Wood Group Wins Aramco, SABIC Contract – Develop World’s Largest COTC
March 8, 2018 – Britain’s energy service provider, Wood Group, was chosen by Saudi Aramco and Saudi Basic Industries Corporation...