Saudi Arabia has agreed to set up an industrial JV in Jazan, in partnership with the Royal Commission for Jubail and Yanbu (RCJY), Saudi Aramco, and a Chinese firm, energy minister Khalid Al-Falih said on the sidelines of the Chinese-Saudi investment forum held in Jeddah, Bloomberg reported on Thursday.
The new entity, which will be capitalized at $30 million, aims to attract more Chinese investments to the Saudi industrial sector.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}