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FINANCIAL NEWS
US Pentair signs term sheet with Saudi Al-Tamimi Company
08 Dec 2013
(MENAFN) Pentair and Ali Abdullah Al-Tamimi Company have signed a term sheet to facilitate manufacturing and services in Damman, according to Arab News.
Pentair aims to cover the needs of local customers and achieve the government’s goal of economic diversification and local job creation.
Pentair is considered as one of the leading global industrial companies, which provides advanced solutions in energy, food and water.
Randall J. Hogan, chairman and CEO of Pentair Ltd., said: “We are excited to make this announcement, which reinforces Pentair”s long-term commitment to the Kingdom.”
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With the support of BBK, BIBF and BJA hold a graduation ceremony for journalists completing the training program
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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