Arab Today, arab today aramco signs mou with general electric and cevedale to set up new manufacturing facility
Last Updated : GMT 16:54:32
Arab Today, arab today
Arab Today, arab today

Aramco Signs MoU with General Electric and Cevedale to Set Up New Manufacturing Facility

Arab Today, arab today

Arab Today, arab today Aramco Signs MoU with General Electric and Cevedale to Set Up New Manufacturing Facility

Saudi Aramco signed MoU with each of General Electric "GE" and Italian Cevedale S.B.A Company
Riyadh - QNA

Saudi Aramco on Wednesday signed a Memorandum of Understanding (MoU) with each of General Electric "GE" and Italian Cevedale S.B.A Company to set up a factory for casting and forming metals which is the first of its kind in the Middle East and North Africa region to support the localization of industries in the energy and marine industry sectors.

    According to Saudi Press Agency (SPA), Aramco said in a press statement "The new facility, which will establish for a joint investment of more than SR 1.5 billion ($ 400 million), in Ras Al-Khair which is located within the Royal Commission for Jubail industrial area of Jubail and Yanbu, indicating that in the case it was agreed on the establishment of the factory, it is expected to start operation in 2020 and will contribute to providing 2,000 jobs for Saudis.

    The Senior Vice President for Finance, Strategies and Development at Saudi Aramco Engineer Abdullah Al-Sedan said that the Memorandum of Understanding reflects the aspiration of the company to provide a supply chain able to promote integration in the energy sector in line with the Kingdom of Saudi Arabia's Vision 2030 aimed at promoting economic and industrial diversity in the Kingdom and supporting the localization of industries.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today aramco signs mou with general electric and cevedale to set up new manufacturing facility Arab Today, arab today aramco signs mou with general electric and cevedale to set up new manufacturing facility

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom,China plunges into biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom,China plunges into biz
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday