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General Electric still sees value in Saudi Arabia

Published: Updated:

General Electric (GE) has stated that it will localize more industries in Saudi Arabia in a bid to strengthen ties with its local partners under the kingdom’s 2030 vision, said the company's CEO Jeffrey Immelt in an interview conducted by Al Arabiya’s Mohammad Elhuseini. After 80 years of working in the kingdom, GE says it still sees value in Saudi Arabia, regardless of oil revenues.