Riyadh, Kingdom of Saudi Arabia, May 13th, 2025 – Two of the leading providers of security services announced a strategic alliance today during the Saudi-U.S. Summit, hosted by HRH Crown Prince Mohammed bin Salman Al Saud and Hon. President Donald J. Trump of the United States of America.
National Security Services (SAFE) and Intelligent Security Systems (ISS) signed the Memorandum of Understanding for the venture, estimated to be worth $100 million in generated revenue over the next five years, at the Ritz-Carlton venue of the Summit.
“We’re delighted to be entering into this partnership,” said SAFE Chief Executive Turki Bin Matooq Althonayan. “We are constantly looking for best-in-class digital solutions to serve our clients in the Kingdom and the Gulf Region. ISS has a terrific set of digital products and a record of delivering on their promises.”
“We have so much to learn from SAFE,” added Richard Burns, Executive Chairman of ISS. “ISS is committed to doing business in KSA within the framework of HRH’s “2030 VISION” framework. ISS is fully committed to the localization of our products and services, as well as the development of joint intellectual property with SAFE.”
About SAFE: With a workforce of over 17,000 employees, SAFE is one of Saudi Arabia’s largest employers in Saudi Arabia as well as a leading portfolio company of the Saudi Public Investment Fund.
About ISS: ISS is one of the world’s leading AI-driven intelligent video firms, with major public and private sector clients around the world. Based in New Jersey, USA, the firm has 19 offices overseas. It has twice been recognized with the President’s “E-Award”, presented annually by the U.S. Department of Commerce to companies “who have made an outstanding contribution to American exports.”
For press inquiries, please email us at [email protected] or reach out to Sandy Issa at ISS: [email protected]