SABIC CEO Calls for Greater Collaboration between US and Saudi Arabia
OREANDA-NEWS. May 22, 2012. Mohamed Al-Mady, SABIC Vice-Chairman and CEO, has called for more productive engagement between US companies and the Saudi private sector to further strengthen business relations in hopes of helping accelerate their respective global growth agendas.
Addressing a meeting of the US-Saudi Business Council in
He called for Saudi and
Speaking about
SABIC, together with its affiliates, developed a robust downstream model which has become both a SABIC and Saudi Arabian success story. “SABIC has been the mainstay in converting associated production gas to valuable marketable products which have enabled the development of local downstream industries,” he said.
The U.S.-Saudi Arabian Business Council 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 US and Saudi companies, as well as providing information on specific business opportunities. Al-Mady was named co-chairman of the Council effective March 1 this year.
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