Saudi, Poland launch $2bn joint company
- Saudi Arabia: Thursday, November 01 - 2012 at 01:42
Saudi Arabia is set to launch a joint holding company with Poland in the first quarter of 2013 with an initial capital of $2bn (SR7.5bn) during the first five years, Arab News has reported. The company, which is predicted to hit $30bn in revenues during the next years of its inception, is set to spur investment activity in Saudi Arabia and Poland through setting up joint service and industrial projects backed by Polish technologies.
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