[ad_1]
Riyadh (APA / AP) – Saudi oil giant Saudi Aramco has signed numerous letters of intent and contracts worth about $ 27.5 billion ($ 24.2 billion). ; euros). Among participating companies is also Siemens, announced Monday the public company. Details that the company has not named.
Siemens has confirmed that it has signed a memorandum of understanding, but has not provided any information on the amount or specific content of the plans. These are not finished contracts.
Siemens chief Joe Kaeser traveled to Saudi Arabia for an exhibition and round table after the badbadination of Saudi regime critic Jamal Khashoggi, despite political tensions. About a month ago, Kaeser canceled his participation in an international forum on investment organized by the Saudi government. Initially, it was said that no political consultation or contract signing was planned. Prior to the trip, Kaeser had emphasized the importance of maintaining dialogue with Saudi customers even in difficult times.
The Arab kingdom represents a billion dollar market for the Munich-based group. Currently, the company is involved in two major projects: the construction of a gas plant and the new metro in the capital, Riyadh.
~ ISIN DE0007236101 WEB http://www.saudiaramco.com/en/home.html
http://www.siemens.com ~ APA460 2018-11-26 / 17: 42
Source link
