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The U.S.-Saudi Business Council (USSBC) invites you to an exclusive webinar dedicated to unraveling the latest trends and opportunities in Saudi Arabia's construction sector, based on the findings of our Q2 2024 Contract Awards Index. This is an essential event for industry leaders, investors, and companies looking to understand the trajectory of the Saudi market and capitalize on upcoming opportunities.
What You Will Learn:
- Discover how Saudi Arabia's construction sector saw a staggering $17.6 billion in awarded contracts during Q2 2024—an 11% year-over-year growth—for a total of $49.3 billion awarded through the first two quarters of the year.
- Understand the key drivers behind this surge, including Vision 2030 giga-projects, strategic partnerships, government enablement, and growing private sector participation.
- Explore sectoral and regional breakdowns that provide clarity on the highest-growth areas, enabling you to tailor your strategy for market entry or expansion.
- Hear expert insights on the construction industry's outlook and what to expect as Saudi Arabia continues its ambitious Vision 2030 journey.
Why Attend:
- Gain exclusive access to data and analysis that offers a forward-looking indicator of the health of Saudi Arabia's construction market.
- Stay ahead of the competition by understanding the market dynamics and trends shaping the largest economy in the Middle East.
- Engage in a live Q&A session with our director of economic research, gaining personalized insights into the construction market.
This is a unique opportunity for businesses and professionals to access insights that can influence decision-making and strategic planning.
For further information, please contact Wiam Alwazir at walwazir@ussaudi.org.
Agenda
10
00AM
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10
10AM
10
10AM
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10
30AM
Featured Presentation
Report Key Findings, Sector Analysis, and Future Outlook
10
30AM
-
11
00AM
Q&A Session
Interactive discussion with participants
Speakers
Albara'a
Alwazir
Director of Economic Research at U.S.-Saudi Business Council
https://ussaudi.org/team/albaraa-alwazir/Albara’a Alwazir is an economic expert with extensive experience in economic research, financial management, real estate investment, and strategic planning. Mr. Alwazir will present key insights from the Q2 2024 Contract Awards Index, offering his expert analysis of current and future opportunities in Saudi Arabia's construction sector.
Elias Abou Samra is a seasoned real estate executive with over 15 years of experience in mixed-use projects and urban regeneration, contributing to projects with a Gross Development Value (GDV) exceeding $12 billion across the region. Since becoming CEO of Rafal Real Estate Development Company in September 2021, he has been leading the transformation of Saudi’s leading private developer to support Vision 2030’s PPP initiatives. Elias has also played key roles in restructuring major projects like the Diplomatic Quarter in Riyadh and the King Abdullah Financial District, as well as advising on mega projects under Vision 2030. His background includes significant experience in investment banking and private equity, with a degree in Finance & Economics from the American University of Beirut.
Charles Salem Hallab is the President & CEO of the U.S.-Saudi Business Council (USSBC). Mr. Hallab is a long-standing former member of the Board of Directors of the Council and the founder of Barrington Global, an international legal and strategic advisory firm focused on the intersection of law, business, and policy between the Middle East and the West.
Mr. Hallab has led key practices, groups, and initiatives at two of the largest and most prominent law firms in the world (Baker McKenzie and Mayer Brown), including Corporate & Securities, Joint Venture & Strategic Alliance, Middle East and Climate Change & Sustainability Transactions. Most recently, Mr. Hallab chaired both the Middle East Practice and the International Joint Venture Practice at Mayer Brown.
Mr. Hallab has distinguished himself and his advisory with a strong business orientation and a reputation as a trusted international problem-solver. He has repeatedly been named a Client Service All-Star by BTI Consulting, and he is widely regarded for his expertise, his trustworthiness, his friendliness as a person and his user friendliness as an advisor.
Mr. Hallab prides himself on his ability to work very well across divisional lines (whether internal or external), across cultures and across personalities, and he strives to define himself professionally and personally by his humanity and humility, including with a highly positive outlook, a respectful and supportive disposition, a commitment to integrity and a drive for collective success.