WASHINGTON — The U.S. Chamber of Commerce has released a new publication highlighting the achievements of Saudi Vision 2030 while showcasing the commercial impact of more than 50 American companies that are members of the chamber. The publication, which outlines priorities for the next phase amid the expanding opportunities created by the Saudi-U.S. partnership, opens with a foreword by Steve Lutes, Vice President for Middle East Affairs at the U.S. Chamber of Commerce. **media[2739053]** Lutes said American companies have contributed to the Kingdom's growth for decades through investment, technology transfer, and expertise. He noted that the partnership has expanded to include the energy, manufacturing, finance, digital technology, artificial intelligence, sports, tourism, and infrastructure sectors, adding that the relationship between the two countries extends beyond commercial transactions to focus on transformation and innovation. Lutes also reaffirmed the chamber's commitment to strengthening trade ties that support innovation and promote sustainable and inclusive growth in both countries. **media[2739055]** In a recorded video message, Saudi Ambassador to the United States Princess Reema bint Bandar reviewed the milestones achieved by Saudi Vision 2030 in its tenth year. She noted that non-oil activities now account for more than half of the Kingdom's economy, while the unemployment rate fell from 12 percent to 6.4 percent in the first quarter of 2026 and the homeownership rate rose from 47 percent to 66 percent. She also highlighted that Saudi Arabia welcomed 123 million tourists last year, surpassing its target of 100 million visitors ahead of schedule. **media[2739054]** While expressing her appreciation to the chamber, Princess Reema emphasized that the participation of more than 50 U.S. companies in the publication reflects their contributions to developing new industries, advancing education and healthcare, training young people, and investing in projects. The chamber is leading the initiative through its U.S.-Saudi Business Program, which is dedicated to strengthening bilateral trade and investment relations, connecting American companies with emerging opportunities in the Kingdom, and representing the interests of its members across a range of sectors.
