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US-Saudi Business Council Announces Analysis of Construction Contracts

Nov 29, 2024•over 1 year ago

Contract Type

contract

Saudi ArabiaNon Profit

Description

The US-Saudi Business Council (USSBC) announced its second quarter analysis of construction contracts between the US and Saudi Arabia, revealing a sustained high pace of contract awards and significant value, with a modest dip from the first quarter of 2024.

Company Information

Company

Saudi-US consortium

Location

Saudi Arabia

About

A consortium led by Jared Kushner's Affinity Partners, Silver Lake private equity, and the Saudi Public Investment Fund. The consortium focuses on large investments in various sectors, particularly entertainment and technology. Known for significant acquisitions in recent years, aiming to boost innovation and growth.

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Agreement Insights

Based on industry data
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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