AmChamKSA

Riyadh, 06 March 2023
American Express Saudi Arabia Signs Agreement with AmChamKSA to Encourage Golf Sport within the Kingdom

American Express Saudi Arabia, has signed an agreement with the American Chamber of Commerce in Saudi Arabia (AmChamKSA) to launch golf tournaments in the Kingdom to encourage greater participation in the sport.

American Express and AmChamKSA will collectively support a number of golf-related initiatives including the co-hosting of local tournaments. In addition to facilitating its growing interest domestically, the agreement will help establish premium, competitive events for more experienced golfers. AmChamKSA has a track record of endorsing the sport within the country, demonstrated by their signing of a MoU in November of last year with Golf Saudi to welcome mass participation in the sport. The two-party agreement also coincides with AmChamKSA’s 28th anniversary, in addition to an active partnership with American Express Saudi Arabia that has lasted more than a decade.

Fahad Mubarak Al Guthami, Chief Executive Officer American Express Saudi Arabia, commented on the agreement “We are very excited to unveil a range of upcoming golf events and initiatives, giving players within Saudi Arabia a chance to showcase their abilities and inviting upcoming stars and golf’s enthusiasts to enjoy the remarkable greens available within the Kingdom. AmChamKSA, which has demonstrated its continuous support for the sport, is a remarkable and knowledgeable partner to collaborate with. Working in cohesion, we seek to create premier tournaments and events, establishing an environment that is truly beneficial to those who cherish the sport. We sincerely value our long-withstanding partnership, in recognition of our shared potential to drive change, and look forward to jointly organizing initiatives that drive greater inclusion and participation in the sport.”

“Our agreement is a fantastic step in promoting golf throughout Saudi Arabia, making the sport more accessible to newcomers while providing a structure for experienced players to challenge themselves,” commented William Foster AmChamKSA’s Chairman. “In collaboration with American Express, we anticipate the sport’s continuous rise and are proud to further enable its growth amongst women, children and the Kingdom in its entirety.”

About American Express Saudi Arabia

American Express Saudi Arabia is a joint venture company, equally owned by Amex (Middle East) BSC© and The Saudi Investment Bank. The company owns and operates the American Express® Card and merchant business in the Kingdom of Saudi Arabia.

Even though American Express® products have been available to customers, merchants and corporations in Saudi Arabia for over 20 years, the formation of American Express® Saudi Arabia in 1999 represented a major milestone for the development of the American Express® Brand in the Kingdom. Combining the resources and expertise of American Express® with The Saudi Investment Bank has contributed to developing and expanding the services offered to American Express® Cardmembers and merchants in the Kingdom.

For more information, please visit the American Express Saudi Arabia website at: http://www.americanexpress.com.sa

About American Chamber of Commerce Saudi Arabia

The American Chamber of Commerce Saudi Arabia serves as a platform for the American business community to connect, grow and prosper. We analyze and provide insights on policies and structural changes impacting American business interests through our eleven sector committees that represent established industries and emerging markets in Saudi Arabia. AmCham Saudi Arabia is a Kingdom-wide organization, with headquarters in Riyadh and active chapters in the Eastern Province and Jeddah.

Our members and sponsors engage in leadership roles within our committees, participate in industry panels and policy forums, network at social events, and contribute to our monthly newsletters and social media platforms. AmCham Saudi Arabia is a registered nonprofit and NGO.

For more information, please visit our website at http://www.amchamksa.com