Australian Saudi Business Forum

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Australian Saudi Business Forum Created to promote relationships between Australia & The Kingdom of Saudi Arabia

25/09/2026

Celebration of the Saudi Arabia’s 96th National Day, hosted by His Excellency Mashare Ben Naheet, Consul General, and His Excellency Dr Saudi AlEnzi, Deputy Consul General of the Royal Saudi Consulate to Sydney.

Celebrating the Kingdom’s heritage, achievements and future, and the growing friendship between Saudi Arabia and Australia.

Happy Saudi National Day! 🇸🇦🇦🇺

Made in Saudi Arabia 🇸🇦Ceer has officially unveiled the EXOBOT, the Kingdom's first homegrown electric vehicles, in a se...
24/09/2026

Made in Saudi Arabia 🇸🇦

Ceer has officially unveiled the EXOBOT, the Kingdom's first homegrown electric vehicles, in a sedan and an SUV with gullwing doors and a range of up to 670 km.

170,000 cars a year in capacity
30,000 jobs
US$8bn added to GDP by 2034
7 models on the way

A new chapter for Saudi industry, and a new opportunity for Australia–Saudi partnership. Full story at asbcf.arg.au/news- link in bio.

Celebrating the 96th Saudi National Day 🇸🇦A nation proud of its heritage, ambitious in its vision, and bold in shaping i...
23/09/2026

Celebrating the 96th Saudi National Day 🇸🇦

A nation proud of its heritage, ambitious in its vision, and bold in shaping its future.

Saudi Arabia's fintech sector just crossed a major milestone, 371 licensed companies, a 23% jump in three months, with e...
22/09/2026

Saudi Arabia's fintech sector just crossed a major milestone, 371 licensed companies, a 23% jump in three months, with electronic payments now covering 85% of retail transactions in the Kingdom.

The same week, two Saudi fintechs reached unicorn territory: Barq raised $329.5 million and Tabby raised $233 million. At this growth rate, the Kingdom could blow past its 2030 target of 525 companies years ahead of schedule.

Full story at asbcf.org.au/news - Link in bio

Global investors are increasingly looking to Australia. Inbound capital made up 45% of total deal value in 2025, up from...
16/09/2026

Global investors are increasingly looking to Australia. Inbound capital made up 45% of total deal value in 2025, up from 30% the year before, led by the US, Canada, and Japan.

IPO listings rose 37% and more than half of Australian CEOs are planning major acquisitions soon. It's connected to a bigger global trend too, private companies like AI video platform Higgsfield ($5.4B valuation) and voice-AI company Wispr Flow ($2B valuation) just closed major funding rounds, and Australian investors are finding new ways to access this kind of growth.

Full story at asbcf.org.au/news - link in bio

This week, the Australian Saudi Business Council & Forum’s President, Sam Jamsheedi, alongside our council Ambassador Th...
10/09/2026

This week, the Australian Saudi Business Council & Forum’s President, Sam Jamsheedi, alongside our council Ambassador The Hon Joel Fitzgibbon, undertook a productive visit to Canberra, meeting with senior Federal cabinet ministers.

• Senator the Hon Don Farrell, Minister for Trade and Tourism and Special Minister of State
• The Hon Julie Collins MP, Minister for Agriculture, Fisheries and Forestry
• Senator the Hon Tim Ayres, Minister for Industry and Innovation and Minister for Science
• The Hon Matt Thistlethwaite MP, Assistant Minister for Foreign Affairs and Trade and Assistant Minister for Immigration

The visit focused on advocating for the continued strengthening of the Australia Saudi Arabia bilateral relationship and emphasising the significant opportunities ahead for both countries across trade, investment and strategic economic cooperation.

ASBC&F remains committed to maintaining strong engagement with the Australian Government and ensuring the business community plays an active role in advancing a practical, long-term economic partnership between Australia and Saudi Arabia.

Saudi Arabia's AI ambitions are now under construction. HUMAIN and DataVolt have broken ground on the first 100MW phase ...
10/09/2026

Saudi Arabia's AI ambitions are now under construction. HUMAIN and DataVolt have broken ground on the first 100MW phase of a 360MW AI data center at Oxagon, NEOM, part of a bigger 1.5GW campus plan, with the first phase expected to be up and running by 2028. It's a clear sign that the Kingdom's AI infrastructure push is moving from announcements to actual delivery.

Full story at asbcf.org.au/news - Link in bio

Today, President of the Australian Saudi Business Council, Mr Sam Jamsheedi, met with the Hon Angus Taylor MP, Leader of...
08/09/2026

Today, President of the Australian Saudi Business Council, Mr Sam Jamsheedi, met with the Hon Angus Taylor MP, Leader of the Opposition, at Parliament House in Canberra.

The discussion focused on the growing Australia–Saudi relationship and the significant opportunities emerging as Saudi Arabia continues its economic transformation under Vision 2030.

Australia is well positioned to play a greater role across trade, investment and key sectors of mutual interest, and the Council remains committed to engaging constructively across the Australian political landscape to strengthen this important bilateral relationship.

We look forward to continuing to build greater awareness of the opportunities between Australia and the Kingdom of Saudi Arabia and supporting stronger government-to-government and business-to-business engagement.

Victoria just held Australia's first-ever offshore wind auction,and the Clean Energy Council is calling it a watershed m...
07/09/2026

Victoria just held Australia's first-ever offshore wind auction,and the Clean Energy Council is calling it a watershed moment for the industry, unlocking one of the country's richest renewable resources and anchoring jobs and investment in regions like Gippsland.

It's the latest step in a year that's already seen renewables cross a major threshold, generating more than 50% of Australia's national grid electricity for the first time ever. Add in a booming data centre sector, with investment projected to hit $150 billion by 2030, and demand for clean, reliable power is only growing.

Full story at asbcf.org.au/news - Link in bio

Big numbers coming out of Saudi Arabia this year. 9,018 new investment licences issued in just one quarter, up 252% from...
04/09/2026

Big numbers coming out of Saudi Arabia this year. 9,018 new investment licences issued in just one quarter, up 252% from last year.

Trade, construction, and manufacturing are leading the charge, together making up roughly two-thirds of everything approved.

Saudi Arabia's National Investment Strategy is aiming to triple overall investment by 2030 and grow foreign direct investment more than twentyfold, to around $103.5 billion. To back that up, the Public Investment Fund just secured up to $24.5 billion in financing from major global lenders including the US Export-Import Bank, the IFC, and MIGA.

1,648 foreign contracting companies are now active in the Kingdom, and office occupancy in Riyadh has hit 97%.

Full story at asbcf.org.au/news -Link in bio

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