USSABC Hosts Webinar on
U.S. Private Wealth Management

On May 13, 2013, the U.S.-Saudi Arabian Business Council (USSABC) hosted a webinar presented by Baker & McKenzie LLP, a global law firm. The presentation focused on wealth management and how to properly navigate U.S. income and estate tax laws, particularly as a U.S. citizen who lives abroad, a foreigner living in the U.S., or someone with dual citizenship. More...

Business Council Hosts Reception for
Visiting Saudi Delegation at OTC

On May 7, 2013, the U.S.-Saudi Arabian Business Council (USSABC) hosted a reception in honor of the Saudi delegation attending the Offshore Technology Conference (OTC) in Houston, Texas.  The reception offered senior executives from prominent Saudi companies the opportunity to network with U.S. oil and gas companies that are either already involved in the Saudi market or actively pursuing market entry. More...
 

USSABC Hosts Briefing on
Saudi Entrepreneurship Ecosystem

On April 29, 2013, the U.S.-Saudi Arabian Business Council (USSABC) hosted a briefing on the Saudi entrepreneurship ecosystem at the Rosewood Sand Hill Hotel in Menlo Park, California. The briefing was attended by over 70 participants including Saudi and U.S. entrepreneurs as well as founders, mentors, angel investors, and venture capitalists interested in lending their expertise to help develop the Saudi capital and entrepreneurial industry.  More...
 

Saudi Arabia Spearheading Development of
Middle East Automotive Market

Traditionally known for its vast oil and gas reserves, Saudi Arabia is quickly establishing itself as the automotive hub of the Middle East.  Broad government support, plentiful natural resources, and a pro-business environment are but a few reasons the Kingdom’s automotive sector is quickly becoming an international player.  More...

USSABC Hosts Webinar on Preparing for
Partnerships with U.S. Firms

On April 10, 2013, the U.S.-Saudi Arabian Business Council (USSABC) hosted a webinar presentation by TRACE International (TRACE), a non-profit membership association that provides anti-bribery compliance solutions for multinational companies and their intermediaries. The presentation discussed international and Saudi anti-corruption laws, the benefits of proper compliance when considering potential business partners, and the ways to assist with compliance. The presentation was intended for Saudi businesses, offering insight into what U.S. companies and regulatory bodies expect when considering business partnerships.  More...
 

USSABC Discusses Saudi
Business Opportunities in Missouri

On March 26-28, 2013, Edward Burton, Chief Executive Officer and President of the U.S.-Saudi Arabian Business Council (USSABC), visited Springfield and Joplin, Missouri at the invitation of Congressman Billy Long, who represents the state’s 7^th district in the U.S. House of Representatives.  Mr. Burton delivered overviews of business opportunities in Saudi Arabia to over 60 company representatives involved in the automotive, agriculture, education, power generation, and oil and gas at the Springfield Area Chamber of Commerce and Joplin Chamber of Commerce.  In addition, Mr. Burton visited high-tech companies involved in automotive, oil and gas, food additives, dairy, and renewable energy that are looking for partners in the Saudi market.  More...
 

Secretary of State Kerry Visits Saudi Arabia
on Inaugural Trip Abroad

On March 4, 2013, H.R.H. Crown Prince Salman bin Abdul Aziz, First Deputy Prime Minister, Minister of Defense, and H.R.H. Prince Saud Al-Faisal bin Abdul Aziz, Minister of Foreign Affairs met with U.S. Secretary of State John Kerry on his first trip overseas since taking office last month.  Crown Prince Salman, Prince Saud, and Secretary Kerry discussed a number of issues pertinent to the region and the countries’ bilateral relations including cooperation on security issues and economic diversification.  More...