Details of Saudi Arabia’s National Industrial Strategy
In late 2022, the Saudi government revealed details of the country’s latest National Industrial Strategy (NIS). The NIS is Saudi...
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, and as a result Fitch...
Honeywell Leads the Way in Developing Next-Generation Technologies in Saudi Arabia
Mr. Al-Juffali discussed Honeywell’s current and future projects in the Kingdom, their role in transforming Saudi Arabia into a development hub for smart cities and the technologies of the future, their support for technology transfer and localization, and the importance of U.S.-Saudi partnerships such as Honeywell’s.
NEOM: Recent Announcements and Developments
NEOM, the $500 billion megaproject for a zero-carbon, renewable energy-powered smart city in Saudi Arabia’s northwest, has been in the...
NEOM Selects Parsons for OXAGON Project Management
Parsons Corporation has been awarded a contract by NEOM to provide project management support in building OXAGON, an eight-sided floating city...
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 President of the MENA Region for Redwood Global and one of the Council’s leading Chairman’s Circle Members, on the opportunities for both U.S. and Saudi companies within the Kingdom.
Exclusive Interview: Soudah Development Company
The U.S.-Saudi Business Council interviewed Husameddin AlMadani, CEO of Soudah Development Company, on the exciting opportunities for both tourists and...
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 Sea coastline. The aptly-named city is planned as...
U.S. Firm Hill International Awarded Madinah Central Area Development Contract
U.S.-based construction firm Hill International has secured a project management contract for roadwork at the Madinah Central Area (MCA) development...
$1 Billion Housing and Medical Project Inaugurated for Saudi Ministry of Defense
The Saudi Ministry of Defense has welcomed a $1 billion housing and medical project, with H.R.H. Crown Prince Mohammed bin...