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FINANCIAL NEWS
US to participate in USD200 b investments in Saudi Arabia
19 Sep 2013
(MENAFN) US Secretary of Commerce Penny Pritzker said that the US plans to participate in the infrastructure projects of Saudi Arabia which will cost USD200 billion, according to Arab News.
Pritzker commented: “Even more firms want to serve as partners in the next five years as Saudi Arabia spends $500 billion more.”
She said that her country is willing to invest in different sectors in Saudi Arabia, including rail transportation, water utilities, and solar power.
“US companies can partner to help build strong and vibrant communities in Saudi Arabia,” she added.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
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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