Spare_change
Gold Member
- Jun 27, 2011
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Story No. 1 from Saudi Arabia ---
"President Trump in Saudi Arabia on Saturday signed a nearly $110 billion arms deal to help the Persian Gulf ally with its military-defense system.
"That was a tremendous day," Trump said after signing the deal with Saudi leader King Salman. "Tremendous investments in the United States. Hundreds of billions of dollars of investments into the United States and jobs, jobs, jobs."
The White House says the package includes defense equipment and other support to help the Arab nation and the rest of the Gulf region fight again terrorism and the threat of a nuclear-armed Iran, according to the White House."
Story No. 2 from Saudi Arabia ----
"U.S. technology and engineering conglomerate GE said on Saturday it had signed $15 billion of business deals with Saudi Arabia as part of the kingdom's drive to diversify its economy beyond oil.
It came as dozens of senior U.S. business executives met Saudi counterparts at a conference coinciding with the visit of President Donald Trump to Riyadh.
The agreements, which involve almost $7 billion of goods and services from GE itself, range from the power and healthcare sectors to the oil and gas industry and mining, GE said. Some of the deals are memorandums of understanding which would require further agreements to materialize.
Among the projects, GE will help make Saudi power generation more efficient and provide digital technology to the operations of oil firm Saudi Aramco, aiming to create $4 billion of annual productivity improvements at Aramco. It will cooperate in medical research and training.
"President Trump in Saudi Arabia on Saturday signed a nearly $110 billion arms deal to help the Persian Gulf ally with its military-defense system.
"That was a tremendous day," Trump said after signing the deal with Saudi leader King Salman. "Tremendous investments in the United States. Hundreds of billions of dollars of investments into the United States and jobs, jobs, jobs."
The White House says the package includes defense equipment and other support to help the Arab nation and the rest of the Gulf region fight again terrorism and the threat of a nuclear-armed Iran, according to the White House."
Story No. 2 from Saudi Arabia ----
"U.S. technology and engineering conglomerate GE said on Saturday it had signed $15 billion of business deals with Saudi Arabia as part of the kingdom's drive to diversify its economy beyond oil.
It came as dozens of senior U.S. business executives met Saudi counterparts at a conference coinciding with the visit of President Donald Trump to Riyadh.
The agreements, which involve almost $7 billion of goods and services from GE itself, range from the power and healthcare sectors to the oil and gas industry and mining, GE said. Some of the deals are memorandums of understanding which would require further agreements to materialize.
Among the projects, GE will help make Saudi power generation more efficient and provide digital technology to the operations of oil firm Saudi Aramco, aiming to create $4 billion of annual productivity improvements at Aramco. It will cooperate in medical research and training.