Silicon Valley Delegation Visits Riyadh to Identify Joint Venture Partners
The U.S.-Saudi Business Council (the Council) and Radiate Ventures, a San Francisco-based venture capital company that invests in disruptive technologies...
MoU Signed between Al-Rushaid Group and Colorado School of Mines at MINExpo 2024
In September 2024, a key Memorandum of Understanding (MoU) was signed between U.S.-Saudi Business Council (USSBC) member Al-Rushaid Group and...
North Carolina: Investment Insights
Located on the Atlantic coast in the Southeastern region of the United States, North Carolina’s beautiful beaches and historic towns...
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...
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 conclusion of 18 new agreements...
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...
NEOM to Develop Assembly Plant for Hydrogen-Powered Vehicles
NEOM plans to develop a hydrogen plant to assemble 10,000 hydrogen fuel cell-powered commercial vehicles a year. This initiative is...
SAMI Signs Deal with Lockheed Martin at IDEX
At the 2021 Abu Dhabi International Defense Exhibition and Conference (IDEX), Saudi Arabian Military Industries (SAMI) agreed to a 51 percent owned...
Pacific Green and Amkest Group to Create Joint Venture Company in Saudi Arabia
Pacific Green Technologies, Inc. and Amr Khashoggi Trading Company Limited (Amkest Group) have signed a joint venture agreement to create...
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 agreement for a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy.
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