Wednesday, 30 April 2025

SSS-AUS Expands Operations to Saudi Arabia in $27 Billion Venture

In a groundbreaking move, SSS-AUS, under the leadership of Chairman Sam Soukie, has become the first Australian company to initiate operations in the Kingdom of Saudi Arabia (KSA), marking a historic moment in international business relations.

The $27 billion venture was sealed through a strategic agreement with esteemed partners Abdel Hadi A. Al-Qahtani & Sons (AHQ), solidifying the bridge between Australian and Saudi business interests. The signing ceremony, held in the Kingdom, witnessed the presence of distinguished guests, including his excellency the Australian Ambassador Mark Donovan, and the Australian trade and investment commissioner Todd Miller.

The initiation of operations in KSA is a significant milestone for SSS-AUS, aligning with the ambitious vision set forth by Crown Prince Mohamad Bin Salman for the year 2030. The company’s foray into the Saudi market is expected to play a pivotal role in various sectors, contributing to the realization of the Crown Prince’s vision for economic diversification and growth.

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Sam Jamsheedi from the Trademark Group of Companies played a crucial role in making this historic venture possible. Expressing gratitude for the support received, SSS-AUS Chairman Sam Soukie acknowledged the collaborative efforts that led to the successful launch of operations in the Kingdom.

The ceremony was attended by distinguished Saudi guests who, in their gracious presence, extended support and goodwill toward SSS-AUS’s entry into the Saudi market. The company now stands poised at the beginning of a promising journey, eager to contribute to the economic landscape of Saudi Arabia and further strengthen the bilateral ties between Australia and the Kingdom.

As SSS-AUS opens its doors in Saudi Arabia, the $27 billion venture is expected to bring about not only economic prosperity for the company but also contribute significantly to the realization of strategic objectives outlined in Crown Prince Mohamad Bin Salman’s transformative vision for the Kingdom. The international business community is now closely watching as SSS-AUS paves the way for further collaborations between Australia and Saudi Arabia in the pursuit of shared economic success.

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