GE chief executive Jeffrey Immelt said in a statement today that GE is working on a $400 million forging and casting venture with Saudi Aramco that would supply materials to the marine and energy industries and other projects. The facture…
Day: May 23, 2016
Saudi Arabia plans dollar bond
Saudi Arabia has invited banks to participate in a possible dollar bond that might be floated later this year, Reuters has reported. The kingdom signed a $10bn five-year bank loan earlier in May. JP Morgan, HSBC and Bank of Tokyo-Mitsubishi…