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FINANCIAL NEWS
GE to expand its new Oil & Gas facility in Dammam
31 Mar 2014
(MENAFN) GE has announced the expansion plan of its new GE Oil & Gas Manufacturing Facility, located at the Second Industrial City in Dammam, according to Arab News.
The new facility will help the company increase localized manufacturing.
The company has already signed an agreement with the Saudi Industrial Property Authority (MODON).
The expansion of the new facility is part of the company’s USD1 billion investment project in the Kingdom.
The first phase of the new facility will include a 9,500 square meter building that is expected to be completed by December this year.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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