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20-02-14

Saudi to invest USD62 b in petrochemical projects

(MENAFN) Saudi Arabia welcomed a delegation from Germany last Sunday in the Asharqia Chamber in Jubail, according to Arab News. The delegation discussed petrochemicals of Jubail and Riyadh with representatives of the Royal Commission of Yanbu & Jubail. The Kingdom has announced its willing to invest USD62.92 billion in new projects to stimulate petrochemical industry in cooperation with Germany.