03 Nov 2015
(MENAFN) GE, the top American multinational conglomerate corporation, has confirmed its commitment to Saudi Arabia in terms of substantially increasing localization in energy supply chain from extraction to consumption.
The US tech giant’s new USD1 billion investments set a goal to double Saudi work force, strengthen domestic manufacturing, develop SME supply chain and extensively training and preparing Saudi professionals.
The invested initiatives include expanding GE’s work force in the nation from 2,000 to 4,000 by 2020 and to extend its Saudi supplier base to build a strong Saudi supply chain that supports GE’s local manufacturing plants.
“GE enjoys a strong history in Saudi Arabia of over 80 years of operation, and we are a partner that has invested in the long-term growth of the nation,” stated the company’s chairman and chief executive officer.
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more