Article: 3 Saudi firms to infuse fresh investments in RP.(Main News)

The Philippines can expect fresh investments from three major Saudi Arabia-based firms, which include the oil-rich kingdom’s leading plant construction and maintenance company and largest financial institution following the assurances made by the Arabian investors to President Arroyo.Quoting Trade Secretary Peter Favila, Deputy Presidential Spokesperson Lorelei Fajardo said representatives from Al-Zuwaidi, Al-Zamil and Rawabi Group of Companies are interested in pouring in resources in the country as they are exploring the possibility of developing “mutual growth in investments” between Saudi Arabia and Philippines.Favila was with the President when the ...

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