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posted by n1 on Sunday May 21 2017, @02:10AM   Printer-friendly
from the meet-the-new-boss dept.

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.

[...] 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.

Source: Reuters

Additional coverage:

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  • (Score: -1, Troll) by Anonymous Coward on Sunday May 21 2017, @04:05AM

    by Anonymous Coward on Sunday May 21 2017, @04:05AM (#512872)

    Put up a wall, lock em all in, let them slaughter each other for another 10 centuries in the name of their sun god

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