ASBC/F is a non-for-profit organization created to promote relationships between Australia & The Kingdom of Saudi Arabia.
Riyadh, KSA
Joined February 2023
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Partners don’t disappear when times get tough.
Our Chairman Sam Jamsheedi in conversation with former Australian Defence Minister The Hon Joel Fitzgibbon on why “all roads lead to Saudi”, and why now is the moment to show up, not step back.
🎧 Full episode soon. Follow so you don’t miss it.
#SaudiArabia #Australia #Vision2030 #Riyadh #StandWithSaudi
The NCA’s 2026 report shows Saudi Arabia’s cybersecurity market reached SAR 16.3B (US$4.35B) in 2025, up 10.7% a year since 2023. Private businesses made up 69% of spending.
asbcf.org.au/news/saudi-arab…
#Cybersecurity #SaudiArabia #ASBCF
Glencore has begun trading on the ASX under the code GLC. The secondary listing joins its London and Johannesburg listings and expands its presence in Australia’s resources market.
asbcf.org.au/news/glencore-a…
#Mining #ASX #ASBCF
Fresh investment for three Saudi startups: Erad (US$22M Series A, SME finance), Rela (workforce housing) and Gathern (alternative stays). Each meets a different Vision 2030 need.
asbcf.org.au/news/saudi-star…
#SaudiArabia #Vision2030 #ASBCF
Australia’s Diraq has reached the final stage of DARPA’s Quantum Benchmarking Initiative, securing US$51M in initial funding with up to US$300M possible.
asbcf.org.au/news/australia-…
#QuantumComputing #Australia
Saudi Arabia’s 30-court National Tennis Centre is rising at Qiddiya City
- 15,000-seat Centre Court with a retractable roof
- About 33,000 seats in total
- Built to ATP, WTA and ITF standards
A new milestone for sport and Vision 2030.
asbcf.org.au/news/qiddiya-na…
#Qiddiya #Vision2030
🇦🇺 Melbourne's Heidi raises US$340m at an A$1.26bn valuation, one of Australia's largest healthtech rounds.
50× revenue growth in two years. 2.8m weekly patient visits. Middle East next. 🇸🇦
asbcf.org.au/news/heidi-aust…
#HealthTech #Vision2030
Made in Saudi Arabia 🇸🇦 Ceer unveils the EXOBOT sedan and SUV, the Kingdom's first homegrown EVs. The plant can build 170,000 cars a year, the project brings 30,000 jobs and a projected US$8bn GDP boost by 2034, and production starts January 2027.
asbcf.org.au/news/ceer-exobo…
Australian Saudi Business Council & Forum retweeted
A national ambition. A future without limits.
Happy 96th Saudi National Day 🇸🇦
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 hits 301 → 371 companies in 3 months (+23%). Same week, Barq and Tabby both crossed unicorn valuations. Full story: asbcf.org.au/news/saudi-fint…
Australia's private markets, by the numbers:
→ Inbound investment = 45% of 2025 deal value (up from 30%)
→ IPO listings up 37% YoY
→ Global raises like Higgsfield ($5.4B) & Wispr Flow ($2B) show where capital is moving
Full story :
asbcf.org.au/news/australia-…
Australian Saudi Business Council & Forum retweeted
A pleasure to catch up with my good friend, The Hon Milton Dick MP, Speaker of the Australian House of Representatives, at his chambers.
Strong bipartisan support is essential to ensuring that Australia’s engagement with Saudi Arabia remains consistent, constructive and focused on our long-term national interests.
I appreciate the Speaker’s continued interest in the bilateral relationship and his support for strengthening Australia’s international engagement.
This week, the Australian Saudi Business Council & Forum’s President, Sam Jamsheedi, alongside our council Ambassador Adjunct Professor the Hon. Joel Fitzgibbon GradCertBA, GAICD, 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, 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.
Construction is underway on NEOM's AI data center at Oxagon, 100MW phase 1 of a planned 360MW facility, part of a 1.5GW campus vision. First power expected 2028.
asbcf.org.au/news/neom-oxago…
Victoria just held Australia's first-ever offshore wind auction, called a watershed moment by the Clean Energy Council. It follows a year where renewables already passed 50% of national grid electricity for the first time. Full story at asbcf.org.au/news/australia-…
Australian Saudi Business Council & Forum retweeted
New piece: the first direct air-freight corridor between 🇦🇺and🇸🇦 just launched.
Spoke with @sam_jaay of @ASBF_2030, Sharn Jaye & Anthony Bishop of @CochlearGlobal/@Cochlear_KSA on what it means for trade, healthcare & expat life.
Read more: arab.news/rb88h | @arabnews
Saudi Arabia issued 9,018 investment licences in Q2 2026, up 252% year-on-year. Trade, construction, and manufacturing lead the surge.
Full story: asbcf.org.au/news/saudi-arab…
