The American Chamber of Commerce in Saudi Arabia (AmChamKSA) and Golf Saudi have signed a Memorandum of Understanding (MoU) which addresses key areas of collaboration including investor attraction, mass participation, co-hosting of events, green initiatives, marketing, education, and research and innovation. 

 

The signing ceremony was held at King Abdullah Economic City’s Royal Greens Golf & Country Club during the Aramco Team Series with the first-of-its-kind professional tournament serving as the backdrop for this event, a statement from the two organisations said. 

 

CEO of Golf Saudi and Deputy Chairman of the Saudi Golf Federation Majed Al Sorour highlighted his enthusiasm for Golf Saudi’s initiatives with AmChamKSA, such as the MoU signing and joint support for the organisation’s Green Agenda, which was developed in 2020 to address environmental and sustainability best practise.  

 

Al Sorour said: “The Green Agenda sets out policies for an environmental national governance strategy, addressing best-practise principles that will allow all stakeholders to benefit equally through state-of-the-art sustainability initiatives, guidelines and operations. 

 

"Environmental sustainability is fundamental to Saudi Arabia’s Vision 2030 and our commitment to this has led to the creation of the world’s first environmentally governed golf ecosystem.” 

 

Golf Saudi is doubling its efforts to inspire and encourage a culture of environmental and ecological innovation throughout all of its ongoing initiatives. This included Golf Saudi signing-up to a United Nations initiative for sporting organisations earlier this year aimed at achieving ambitious global climate change goals. 

 

AmChamKSA Chairman Tarik Solomon said: “This event demonstrates the power that collaboration can have on amplifying issues that resonate globally like many of the cross-cutting green initiatives and investor relations synergies shared between AmChamKSA and Golf Saudi. Forming bilateral agreements such as this one allows us to combine efforts in alignment with Vision 2030’s priorities.”

 

AmChamKSA is one of the oldest and largest bilateral trade associations in Saudi Arabia, devoted to promoting the development of trade, commerce and investment between the United States and Saudi Arabia.

 

The event included programming surrounding sustainability and green initiatives as a first effort towards highlighting the bilateral support outlined in the MoU. UN Global Compact Board Chairwoman Maryam Telmesani gave keynote remarks, followed by a panel discussion on individual corporate efforts towards supporting Vision 2030 green initiatives and how these efforts can be combined to maximise their impact in the future.-TradeArabia News Service