Batic Law is proud to announce its participation in the SelectUSA Investment Summit, the premier event for business investment in the United States. This summit is a critical platform that connects investors, companies, and economic development organizations (EDOs) to facilitate significant business deals. Since its inception, the summit has attracted thousands of international companies and EDOs, generating over $110 billion in new investment projects and supporting over 85,000 jobs.
The SelectUSA Investment Summit, hosted by the U.S. Department of Commerce, serves as a vital event where investors and companies gather to explore and facilitate business opportunities in the U.S. market. Led by InvestSaudi, a prominent Saudi delegation from the public and private sectors participated in SelectUSA 2024. This delegation is one of the largest for the year, aimed at enhancing bilateral trade, attracting foreign direct investment, and showcasing Saudi businesses globally. The valued U.S.-Saudi Arabia investment relationship exceeds $24 billion, with robust trade exchanges in energy, defense, and technology sectors. The U.S. market, with its $20 trillion GDP and over 325 million consumers, offers unparalleled diversity, innovation, and a productive workforce, making it an ideal destination for companies seeking global success.
Batic Law, with its expertise in cross-border transactions and business setup, is well-positioned to help clients navigate the complexities of entering and operating in the U.S. market, ensuring seamless and successful investment endeavors. In line with this, Batic Law Firm is pleased to announce a Memorandum of Understanding (MOU) with Tate Bywater Law Firm. Travis Tull, Partner at Tate Bywater Law Firm, and Salem Alhamed, Co-Founder of Batic Law Firm, will collaborate to enhance the legal services offered to clients interested in investing in both Saudi Arabia and the USA. The primary objective of this MOU is to leverage the combined expertise, resources, and networks of both firms to provide comprehensive legal support, facilitate business incorporation, and ensure regulatory compliance. This collaboration seeks to address the complexities of cross-border investments and provide clients with seamless and efficient legal services that support their business objectives in both jurisdictions. Salem Alhamed, Co-Founder of Batic Law Firm, stated: “The SelectUSA Investment Summit represents a significant opportunity for Saudi and U.S. businesses to foster deeper trade and investment ties. Our collaboration with Tate Bywater Law Firm under this MOU will enhance our ability to support clients navigating the regulatory landscapes in both countries. We are committed to providing the highest level of legal services to ensure their investment success and smooth business setup processes
