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King Salman Appoints USSABC Saudi Co-Chairman
Head of Military Industries Corporation

On February 14, 2015, Custodian of the Two Holy Mosques King Salman appointed Eng. Mohamed Al-Mady, Vice Chairman and Chief Executive Officer, Saudi Basic Industries Corporation (SABIC), and Saudi Co-Chairman, U.S.-Saudi Arabian Business Council (USSABC), as President of the General Organization for the Military Industries Corporation (MIC). The MIC services businesses, factories, and manufacturing facilities looking to accommodate advanced military capacities and to contribute to development of Saudi Arabia’s military base through technology transfer. The MIC also seeks to enhance the strategic U.S.-Saudi bilateral business relationship, attracting Saudi youth to the industrial sector and developing renovation centers.  More...
 

King Salman Makes Series of
New Government Appointments

Custodian of the Two Holy Mosques King Salman issued a series of royal decrees appointing new government ministers and governors, as well as establishing new governing councils. Top positions in the Ministries of Petroleum and Mineral Resources, Foreign Affairs, Interior, Defense, Finance, Commerce and Industry remain unchanged.  More...
 

President Obama Arrives in Kingdom to Meet King Salman

U.S. President Barack Obama arrived in Riyadh on Tuesday, January 27, 2015 where he was received by Custodian of the Two Holy Mosques King Salman. The President was accompanied by a high-level delegation of current and former American officials to pay respects following the death of King Abdullah and reinforce the close bilateral ties between the U.S. and Saudi Arabia. During the visit, King Salman and President Obama discussed the latest developments in the region and other areas of mutual concern.  More...
 

Royal Court Announces Death of King Abdullah;
Crown Prince Salman Proclaimed King

On January 23, 2015, the Royal Court of Saudi Arabia announced the death of Custodian of the Two Holy Mosques King Abdullah bin Abdul Aziz. Funeral prayers for King Abdullah were held at the Imam Turki bin Abdullah Mosque in Riyadh, and leaders from around the world, including U.S. President Barack Obama, are traveling to Saudi Arabia to pay their respects.

In accordance with the Basic Law of Governance, H.R.H. Crown Prince Salman bin Abdul Aziz was proclaimed King of Saudi Arabia, in a smooth succession indicative of the Kingdom’s stability. Further, King Salman announced a series of appointments naming H.R.H. Prince Muqrin bin Abdul Aziz as Crown Prince and H.R.H. Prince Mohammed bin Naif as Deputy Crown Prince and Second Deputy Prime Minister. Additionally, King Salman named H.R.H. Prince Mohammed bin Salman Minister of Defense, while also reconfirming the mandate of rest of the ministerial Cabinet.  More...

 

 

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A Business Guide to Saudi Arabia 2013

The U.S.-Saudi Arabian Business Council (USSABC) is pleased to present A Business Guide to Saudi Arabia 2013.  Not only is the Guide the premier Saudi business resource, it is a quick reference tool and includes important information for American companies interested in entering the lucrative Saudi market. More…

News Bulletins
Abdulla Fouad Group Expands Operations in Saudi Energy Market - See more at: http://www.us-sabc.org/custom/news/details.cfm?id=1626#.VEkOtWd308Q
Abdulla Fouad Group Expands Operations in Saudi Energy Market - See more at: http://www.us-sabc.org/custom/news/details.cfm?id=1626#.VEkOtWd308Q
Jacobs Signs Agreement with MODON to Design Industrial Cities - See more at: http://www.us-sabc.org/custom/news/details.cfm?id=1627#.VElB42d308Q
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record
NCB Breaks Middle East IPO Record

Saudi Aramco Aims to Boost Efficiency with Monitoring Solution

Khodari Wins $170 Million Contract

Saudi Aramco Signs Trade Agreement

NCB Capital Wins Best Research House Award in the Euromoney Middle East Research Poll - See more at: http://www.us-sabc.org/custom/news/#.VIB-lbHuOTk
SABIC Polymers Chief Elected World Plastics Council Chairman - See more at: http://www.us-sabc.org/custom/news/#.VIB-lbHuOTk
SABIC Polymers Chief Elected World Plastics Council Chairman - See more at: http://www.us-sabc.org/custom/news/#.VIB-lbHuOTk
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Sadara to be Operational in 2015
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Sadara to be Operational in 2015
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Sadara to be Operational in 2015
GE Opens Oil and Gas Manufacturing Facility in Saudi Arabia
- See more at: http://www.us-sabc.org/custom/news/details.cfm?id=1569#.Uzxpt23wqRM
Hill International Awarded Extension Contract for KAFD - See more at: http://www.us-sabc.org/custom/news/details.cfm?id=1524#.UoPVDz-Mmng

More News Bulletins ...

Upcoming Events

Virginia Business Development Mission
March 3-5, 2015
Dammam and Riyadh, Saudi Arabia

SelectUSA 2015 Investment Summit
March 23-24, 2015
Washington, DC

National Plastics Exhibition 2015
March 23-27, 2015
Orlando, Florida

International Exposition and Conference on Higher Education 
April 15-18, 2015
Riyadh, Saudi Arabia

Offshore Technology Conference 2015
May 4-7, 2015
Houston, Texas

USSABC Company Matching-Saudi Health Exhibition and Conference
May 18-20, 2015
Riyadh, Saudi Arabia

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Last Updated March 2, 2015
©2015 U.S.-Saudi Arabian Business Council