GE announces $1.4 bn investments in Saudi Arabia

GE announces $1.4 bn investments in Saudi Arabia

US industrial conglomerate General Electric said Monday it would invest $1.4 billion in Saudi Arabia in support of the kingdom’s recently unveiled plan to diversify the oil-dominated economy.Jeffrey Immelt, the GE chairman and chief executive, announced a raft of strategic partnerships and initiatives, including with state oil giant Aramco, during his visit to the kingdom Read more

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