Riyadh — The Federation of Saudi Chambers and the U.S.–Saudi Business Council have agreed on a joint action plan to deepen bilateral cooperation in trade and investment, with a focus on high-priority sectors including technology, AI, fintech, clean energy, green economy, and healthcare innovation.
The discussions took place between Hassan Al-Huwaizi, Chairman of the Saudi Chambers, and Charles Hollab, CEO of the U.S.–Saudi Business Council, on the sidelines of the visit by U.S. President Donald J. Trump to the Kingdom.
The two sides reviewed economic relations and emphasized coordinated efforts to increase engagement through trade delegations, investment promotion, and direct business matchmaking between Saudi and American companies. They also addressed the need to streamline regulatory processes and remove barriers to cross-border investment.
Al-Huwaizi praised the Council’s role in fostering business ties and launching strategic initiatives that have led to new partnerships and sectoral collaboration. Hollab noted the importance of the U.S. presidential visit in reaffirming the strategic economic alliance, adding that the Council looks forward to expanding cooperation with the Saudi business community.
