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FINANCIAL NEWS
USD62m worth of investment opportunities in Saudi granted by Qatar’s GOIC
06 Apr 2013
(MENAFN) Gulf Organization for Industrial Consulting (GOIC) Secretary General, Abdual Aziz Al Aqeel, announced that the Qatari firm has offered USD62 million worth of investments in Saudi Arabia basic metal, chemical, plastic and food industries, reported The Peninsula.
Al Aqeel said that the investments will create more than 721 job opportunities.
He added that investments like these are aimed at boosting industries in the countries of the Gulf Cooperation Council (GCC), noting that Jeddah for example, attracts several industrial investments as it is the sea and land port for Saudi Arabia.
It is worth noting that the job opportunities the 5 investments will provide match the Kingdom’s market as essential raw materials are available in the country and neighboring GCC states, according to Aqeel.
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