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Investor Relations
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FinancialNews
08-09-21
Saudi Aramco announces plans to expand Namaat
(MENAFN)Plans to improve Namaat were proclaimed by Saudi Aramco, its industrial investment program – inking a number of agreements with global companies to offer capacity in critical sectors.
In addition, the Saudi-listed company inked 22 new memoranda of understanding (MoUs) and a joint venture deal – all concentrating on sustainability, technology, industrial and energy services.
Namaat was formed to “tap into the vast opportunities in Saudi Arabia to create new value.”
Beside Aramco, there are other companies that inked the deals include DHL, Samsung, Hyundai, and Honeywell, as well as British technology firm AVEVA.
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