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 a $50 million agreement with...
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 Houston office as well as...
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 of a new Communications and...
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...
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 Frank Kane of Arab News...
Gaming and Esports in Saudi Arabia
The Saudi gaming and esports sectors are keeping pace with the rapid growth seen in the country’s other industries under...
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 the world’s most influential business...
Saudi Arabia Releases 2021 Pre-Budget Statement
Saudi Arabia’s revenues are expected to reach $240.8 billion in 2022, according to a pre-budget statement released by the Ministry of Finance. The...
S&P Affirms Saudi Arabia’s A-/A-2 Credit Rating
S&P Global Ratings has affirmed Saudi Arabia’s A-/A-2 credit rating with a stable outlook. The ratings agency credited a rise in oil...
Fitch Improves Saudi Arabia’s Outlook to Stable
Fitch Ratings has revised Saudi Arabia’s outlook from negative to stable and maintained the Kingdom’s sovereign rating at ‘A.’ The credit...
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