The U.S.-Saudi Business Council is pleased to announce the appointment of Charles Hallab as President and Chief Executive Officer. A long-standing member of our Board of Directors, Charles brings a distinguished career in international law, business strategy, and a deep commitment to U.S.-Saudi business relations. As the founder of Barrington Global and a former leader at Mayer Brown and Baker McKenzie, Charles’s extensive experience and strategic vision will guide the Council during this pivotal time in our bilateral relationship. We look forward to his leadership as we continue our mission of fostering enduring partnerships between the U.S. and Saudi business communities. To learn more, click here: https://shorturl.at/jRVqx
U.S.-Saudi Business Council
International Trade and Development
Vienna, Virginia 10,059 followers
Working to create enduring and sustainable bilateral commercial relations between the U.S. and Saudi Arabia
About us
The U.S.-Saudi Business Council (USSBC) is an organization of business leaders in both countries working together to strengthen bilateral business relations through trade and investment by promoting a broader understanding among U.S. and Saudi companies, as well as providing information on specific business opportunities. The USSBC was incorporated in the U.S. in December 1993, and maintains offices in the Washington, D.C. metropolitan area and Riyadh, Saudi Arabia. The Business Council is co-chaired by Abdallah Jum'ah, Chairman of The Saudi Investment Bank, and Steve Demetriou, Chairman and CEO, Jacobs Engineering Group, Inc. The Board of Directors consists of prominent business executives from the U.S. and Saudi Arabia. Our mission is to foster, develop, and expand the business relationship between the U.S. and Saudi Arabia by promoting trade and investment between the two countries and contributing to the accurate depiction of the business environment within the Kingdom of Saudi Arabia.
- Website
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https://ussaudi.org/
External link for U.S.-Saudi Business Council
- Industry
- International Trade and Development
- Company size
- 11-50 employees
- Headquarters
- Vienna, Virginia
- Type
- Nonprofit
- Founded
- 1993
- Specialties
- Consulting, Saudi Arabia, Business Development, Market Research, and International Business
Locations
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Primary
8081 Wolftrap Road
Suite 300
Vienna, Virginia 22182, US
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WASEL 2163 Urouba Street Office 12 Mather North – Unit No. 43
Riyadh, Riyadh 12334-7795, SA
Employees at U.S.-Saudi Business Council
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Jay Ennis
Director, U.S.-Saudi Business Council
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Ana Carmen Neboisa
✦ International Business & Partnership Development ✦ International Trade & Investment Promotion ✦ Membership Recruitment & Retention ✦ Project…
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Sahar Nadri
Manager, Visa Services at U.S. Saudi Arabian Business Council
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Abdullah Al-juffali
President; Saudi Arabia & Bahrain at Honeywell
Updates
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The U.S.-Saudi Business Council is pleased to announce the release of our Q1 2024 Contract Awards Index report, highlighting a significant surge in Saudi Arabia’s construction sector with $31.7 billion in awarded contracts — a 79% year-over-year growth. We invite you to join our exclusive webinar on Tuesday, September 10, 2024, at 10:00 AM EDT, where author Albara'a Alwazir, Director of Economic Research, will explore key insights and opportunities and engage in a live Q&A discussion. Attendees will receive a copy of the full report. 𝐖𝐞𝐛𝐢𝐧𝐚𝐫 𝐃𝐞𝐭𝐚𝐢𝐥𝐬: Date: September 10, 2024 Time: 10:00 AM EDT Platform: Zoom 𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐖𝐢𝐥𝐥 𝐋𝐞𝐚𝐫𝐧: ● Key drivers behind the construction sector’s growth, including Vision 2030 giga-projects ● Sectoral and regional breakdowns for strategic market entry or expansion ● Expert insights on the future of Saudi Arabia’s construction industry 𝐑𝐞𝐠𝐢𝐬𝐭𝐞𝐫 𝐧𝐨𝐰: https://shorturl.at/puuY6
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Saudi Arabia's updated investment law under Vision 2030 simplifies business processes and strengthens investor protections. With new service centers and reforms, the Kingdom is enhancing its global investment appeal and reinforcing its commitment to a secure, competitive environment. For U.S. businesses looking to seize these opportunities, reach out to the U.S.-Saudi Business Council to navigate and maximize your investment potential.
يمهد #نظام_الاستثمار_المحدث الطريق لمستقبل الاستثمار في المملكة العربية السعودية، ويهدف إلى جذب الاستثمارات العالمية من خلال حقوق واضحة، وتعزيز للمنافسة العادلة، وتيسير البيئة التنظيمية في ظل #رؤية_السعودية_2030 للتفاصيل: https://lnkd.in/dNwC75GV The #Updated_Investment_Law reinforces Saudi Arabia’s commitment to investors. It aims to attract global investments by expressly stating investor rights, fostering fair competition and streamlining the regulatory environment under #Saudi_Vision_2030 For more details: https://lnkd.in/dkRXMy7Y
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Zahid Group Holding LLC, a member of the U.S.-Saudi Business Council (USSBC), has been a pillar of Saudi Arabia’s business landscape for decades. GoZahid, a key division of the Zahid Group, began its journey in 1958 as one of the Kingdom’s first travel agencies. Since then, it has evolved into a leading travel expert renowned for its commitment to delivering exceptional travel experiences. In a recent conversation with the USSBC, Douwe de Jong, Head of Commercial at GoZahid Destination Management, shared insights on the company’s multinational heritage, innovative approaches, and contributions to the Kingdom’s tourism sector, particularly in emerging areas like adventure and eco-tourism: https://lnkd.in/e-HSuGNC
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The U.S.-Saudi Business Council (USSBC) is pleased to highlight our Chairman's Circle member SEG International, a U.S.-based engineering and architectural firm that undertakes environmentally-conscious projects from their initial design through to completion. The firm has expanded from its origins in the U.S. market to become a global provider of green project solutions for major construction projects using its proprietary multidisciplinary solutions and deep experience in implementing sustainable design concepts. Dr. Ali Fakih, Founder and CEO of SEG, answered the USSBC's questions on the company's services, solutions, and scope: https://lnkd.in/etgx3q9B
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Saudi Arabia once again led the MENA region's venture capital funding with $412 million raised in the first half of this year, capturing 54% of all regional funding, thanks to recent domestic initiatives and growing international interest. Read MAGNiTT's H1 2024 Saudi Arabia Venture Capital Report, available in English and Arabic, for more details: https://lnkd.in/exXhZDH5
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The U.S.-Saudi Business Council (USSBC) recently hosted a business roundtable with the U.S. Chamber of Commerce, which took place during the 8th U.S.-Saudi Trade and Investment Framework Agreement (TIFA) meeting in Washington, DC between the U.S. and Saudi government delegations led by the Office of the U.S. Trade Representative and the Saudi General Authority of Foreign Trade. U.S. companies represented many sectors, including defense, engineering, pharmaceuticals, healthcare, food and beverages, aerospace, legal, technology, transport, and entrepreneurship, reflecting the multifaceted nature of U.S.-Saudi economic relations. The USSBC has been organizing business roundtables on the sidelines of the U.S.-Saudi TIFA negotiations since 2006. For over 30 years, the USSBC's goal has been to facilitate discussions on trade and investment challenges, raise awareness of opportunities unveiled by the Saudi economic diversification for both large companies and SMEs, and contribute to the growth of the bilateral trade and investment. Read more here: https://bit.ly/3RR9JcA
USSBC Supports 2024 TIFA Business Roundtable - USSBC
https://ussaudi.org
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We were pleased to partner with the U.S. Chamber of Commerce to cohost a business roundtable alongside the U.S.-Saudi Trade and Investment Framework Agreement (TIFA) Meeting. Over 115 participants from various sectors and government agencies attended the roundtable, which aimed to enhance bilateral economic ties between the United States and Saudi Arabia, serving as a platform for discussing key business opportunities and challenges, fostering collaboration, and promoting trade and investment between the two nations. It facilitated open dialogue on strategies for enhancing economic growth, diversification, and partnership, especially in light of Vision 2030's emphasis on economic diversification and private sector development.
U.S. Chamber of Commerce partnered with the U.S.-Saudi Business Council to host a private sector roundtable on the sidelines of the U.S.-Saudi Arabia TIFA. The meeting was led by H.E. Abdulaziz Alsakran, MSF Deputy Governor of the Saudi General Authority of Foreign Trade (GAFT), and Bryant Trick, Assistant U.S. Trade Representative for Europe and the Middle East. There was strong participation by the Saudi government with representatives from at least two dozen entities. Our discussion included both American and Saudi companies and covered a range of issues and opportunities as we focus on the goal of growing bilateral trade and investment. U.S. Chamber of Commerce also hosted a private sector roundtable on the sidelines of the U.S.-GCC TIFA. It was led by H.E. Dr. AbdelAziz Aluwaisheg, Assistant Secretary General for Political Affairs and Negotiations at the The Cooperation Council for the Arab States of the Gulf (GCC), and Bryant Trick, Assistant U.S. Trade Representative for Europe and the Middle East. We were joined by representatives from the six GCC countries, #SaudiArabia, #UAE, #Qatar, #Kuwait, #Bahrain, and #Oman, and American business leaders. The discussion focused on the Gulf's economic integration and what that would mean for trade infrastructure and facilitation, market access, human capital, and harmonized regulations and standards. This was the first ever private sector meeting on the sidelines of the U.S.-GCC TIFA.
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Our team from the U.S.-Saudi Business Council had the pleasure of meeting with companies in North Carolina to discuss the cleantech sector in the state, its positive impact on the growth of the renewable energy industry in the U.S., and how Saudi companies can benefit from the successes North Carolina based companies are experiencing. Other sectors covered during the meeting included healthcare, biotechnology, pharmaceuticals, transportation, and ICT. Albara'a Alwazir, our Director of Economic Research, also provided attendees with a macroeconomic overview of the Saudi economy. A special thank you to Michael Hubbard and the Economic Development Partnership of North Carolina (EDPNC) for partnering with us to organize the event, and the North Carolina Community College System in Raleigh for hosting us. For U.S. companies interested in learning more about specific opportunities or future events, contact us at: https://lnkd.in/gtw_PyDu
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Impossible Metals Inc., a U.S.-Saudi Business Council (USSBC) Chairman's Circle member based in San Jose, California, develops technology for harvesting critical minerals from the seabed for use in batteries while maintaining the highest standards of sustainable production, social impact, and environmental protection. The USSBC recently spoke with Oliver Gunasekara, Founder and CEO of Impossible Metals, about the company's groundbreaking deep-sea mining services and the impact the company's innovations will have on the mining industry and the global shift to a green economy built on carbon-neutral energy. Read more: https://lnkd.in/efNGhXJB
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