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 security group of companies, held...
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 to deliver on Vision 2030.”...
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...
Parsons Corporation Awarded NEOM Contract
NEOM has awarded the U.S.-based engineering firm Parsons Corporation, a member of the U.S.-Saudi Business Council, with the project management consultancy role for...
Honeywell Signs Major Contract with SEPCO
Honeywell has signed a major contract with SEPCO to aid the development of the King Salman International Complex for Maritime Industries and...
Saudi Ministry of Industry and Mineral Resources Launches Digital Licensing Service for the Mining Sector
Saudi Minister of Industry and Mineral Resources H.E. Bandar bin Ibrahim Alkhorayef has launched a new service giving public access to the Taadin (mining) electronic platform for...