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2019 September Newsletter Header-01
A New Era in U.S. Development Finance
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(Official White House Photo by Joyce N. Boghosian)

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On October 2018 President Trump signed the BUILD act which will consolidate Overseas Private Investment Corporation (OPIC) and United States Agency for International Development (USAID) in order to establish the U.S. International Development Finance Corporation. The DFC is set to open their doors later this year on October 1, 2019.


 EXIM Supports Mozambique's LNG Project with $5 Billion
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On August 22, 2019 the board of directors of the Export-Import Bank of the United States (EXIM) voted to notify the U.S. Congress, pursuant to the EXIM charter, of its consideration of a $5 billion direct loan to support the export of U.S. goods and services from multiple states for the development and construction of an integrated liquefied natural gas (LNG) project located on the Afungi Peninsula in northern Mozambique.

 Powering & Building The Middle East & Africa
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September 30 - October 2, 2019
Hyatt Regency Houston
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The Bilateral Chamber is proud to sponsor the U.S. Department of Commerce’s flagship event, Discover Global Markets: Powering & Building the Middle East & Africa. This event will bring together global leaders across the oil and gas, renewable energy, electricity infrastructure, engineering, construction and transportation sectors in Houston, on September 30 - October 2, 2019. This conference is part of the Administration’s strategy to increase U.S. exports to the Middle East and Africa and bring actionable international opportunities to U.S firms. 

Explore These Industry Opportunities at Discover Global Markets

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  Conference sessions and one-on-one meetings will allow participants to dive deeper into markets of interest and hear from experts on market challenges, sales outlook, and proven strategies for developing partners in Algeria, Angola, Egypt, Ethiopia, Ghana, Israel, Jordan, Kenya, Kuwait, Lebanon, Morocco, Mozambique, Nigeria, Oman, Qatar, Saudi Arabia, Tanzania, Tunisia, and the U.A.E.

For more information, contact: Ms. Nyamusi K. Igambi at
or Click Here to Register

 Saudi Arabia - Market Overview
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Saudi Arabia is the largest country in the Gulf region with a population of 32 million, and the largest economy in the Arab World with a GDP of USD 683.7 billion. It is the only G-20-member country in the region. The Saudi Arabian Government (SAG) exercises control over main economic activities of the country’s oil-based economy. Saudi Arabia has almost 16 percent of the world's proven petroleum reserves, plays a principal role in OPEC, is one of the world’s largest producers and exporters of crude oil, and is a large-scale oil refiner and producer of natural gas. According to Forbes Magazine, petroleum accounts for roughly 87 percent of budget revenues, 42 percent of GDP, and 90 percent of export earnings. 


Member Spotlight: Riyad Bank

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Riyad Bank, Houston Agency was established in 1990 as the only Saudi Arabian bank with an office in the U.S.

They focus on assigning Fortune 500 companies with activities in Saudi Arabia and other Gulf Cooperation Council (GCC) countries in the natural resources energy, construction and engineering, and aerospace defense sectors. In the U.S., their operations are regulated by the Federal Reserve Bank and the Texas Department of Banking. Their Head Office in Saudi Arabia provides a full range of commercial, retail, and investment banking products and services through 248 branches. There are also two other international offices located in London and Singapore.

 2019 Algeria Energy Day at Gastech

Thursday, September 19, 2019 | Houston, TX

The Bilateral Chamber in partnership with the US-Algeria Business Council and the Embassy of Algeria in Washington, D.C., is pleased to invite you to join us on Thursday, September 19, 2019 for the 2019 Algeria Energy Day at Gastech

New Speakers Announced at the 2019 Algeria Energy Day at Gastech

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Registration Fee


For more information or how you can become a sponsor, please contact Ms. Sukejna Kovacevic at

 Global Gas and LNG Trade at Gastech 2019
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