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CMA Releases Draft Rules for
Foreign Investment in Stock Market

On August 21, 2014, the Capital Market Authority (CMA) released a draft set of regulations for foreigners interested in investing in the Tadawul, the Saudi Arabia’s stock exchange. Gulf Cooperation Council nationals have been allowed to invest directly in the Tadawul since 2007 and in 2008 the CMA allowed licensed Saudi intermediaries, such as investment banks and brokerages, to enter into swap agreements with non-resident foreign investors.  More...
 

USSABC, Virginia Host Series of
Business Opportunities Programs

As part of its mission to develop and expand the strategic business alliance between the U.S. and Saudi Arabia, the U.S.-Saudi Arabian Business Council (USSABC) organized a series of upcoming programs in collaboration with the Virginia Economic Development Partnership (VEDP). On August 13-14, the Business Council participated in a workshop event introducing VEDP’s Going Global Defense Initiative. The two-part event was held respectively in Tysons Corner and Norfolk, VA.  More...
 

Business Council to Participate in
Pennsylvania International Week

On September 15-26, the U.S.-Saudi Arabian Business Council (USSABC) will be attending Pennsylvania International Week (PIW), a ten-day event organized by Pennsylvania’s Department of Community and Economic Development. Since forming a partnership in 2006, the Business Council has served as Pennsylvania’s Authorized Trade Representative for Saudi Arabia. In that role, the USSABC joins representatives of 20 other countries to meet one-on-one with Pennsylvania companies and provide market intelligence, partner and distributor candidates, market entry and expansion strategies, and on-the-ground assistance.  More...
 

IMF Executive Board Concludes 2014
Article IV Consultation with Saudi Arabia

On July 11, 2014, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Saudi Arabia. Saudi Arabia has been one of the best performing G20 economies in recent years, and has supported the global economy through its stabilizing role in the global oil market. Generous financial assistance has also been provided to countries in the Middle East region and beyond. More…
 

USSABC Business Development Mission Testimonials

This past May, the U.S.-Saudi Arabian Business Council organized two successful business development missions to Saudi Arabia. To view testimonials from mission delegates, please click here.
 

Secretary of State Kerry Meets with
King Abdullah in Saudi Arabia

U.S. Secretary of State John Kerry arrived in Jeddah, Saudi Arabia on June 27, 2014 to meet with Custodian of the Two Holy Mosques King Abdullah to discuss the latest developments in the region, the bilateral U.S.-Saudi relationship, and areas of mutual concern. The meeting was attended by H.R.H. Crown Prince Salman Bin Abdul Aziz, Deputy Prime Minister and Minister of Defense; H.R.H. Prince Muqrin Bin Abdul Aziz, Deputy Crown Prince and Second Deputy Prime Minister; H.R.H. Prince Saud Al-Faisal, Minister of Foreign Affairs; as well as H.E. Dr. Ibrahim Al-Assaf, Minister of Finance; H.E. Adel Al-Jubeir, Saudi Ambassador to the U.S., and The Honorable Joseph Westphal, U.S. Ambassador to Saudi Arabia.  More...
 

USSABC Organizes Exclusive Networking
Event with Top SABIC Executives in Houston

On June 18, 2014, the U.S.-Saudi Arabian Business Council (USSABC) organized an exclusive networking program and presentation in Houston, Texas, with the visiting delegation of Saudi Basic Industries Corporation (SABIC) executives, including Eng. Mohamed Al-Mady, SABIC Vice Chairman and Chief Executive Officer and USSABC Co-Chairman, and senior executive vice presidents. More than 100 top-level executives attended the program, as it served to bring together manufacturers and suppliers of petrochemicals and plastics to discuss opportunities in the Saudi downstream chemicals sector. More...
 

SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment

Sponsorship Opportunities

USSABC Publications

A Business Guide to Saudi Arabia 2013

The U.S.-Saudi Arabian Business Council (USSABC) is pleased to present the 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

NCB Opens New Money Transfer Locations

Saudi Arabia to Become Seventh Largest Emerging Capital Market by 2030

SAFECO Awards $115 Million Contract to SAIC

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

Saudi Mega Projects and Infrastucture
September 15-17, 2014
Riyadh, Saudi Arabia

Pennsylvania International Week
September 15-26, 2014
Various Cities

C3 US-Arab Business Summit
October 6, 2014
New York, NY

23rd Annual Arab-U.S. Policymakers Conference
October 28-29, 2014
Washington, DC

Virginia Conference on World Trade
October 29-30, 2014
Richmond, VA

Saudi Power and Water Forum
December 1-3, 2014
Riyadh, Saudi Arabia

POWER-GEN International
December 9-11, 2014
Orlando, FL

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

New Members

 


Last Updated August 21, 2014
©2014 U.S.-Saudi Arabian Business Council