PRINCE SAUD BIN ABDULLAH BIN THUNAYAN AL-SAUD, THE CHAIRMAN OF THE ROYAL COMMISSION FOR JUBAIL AND YANBU (RCJY) RECEIVED HERE TODAY NABEEL HABAYEB, THE GENERAL ELECTRIC (GE) DEPUTY CHAIRMAN FOR MIDDLE EAST AND AFRICAN COUNTRIES. HABAYEB INFORMED PRINCE SAUD, WHO IS ALSO CHAIRMAN OF SAUDI BASIC INDUSTRIES COOPERATION (SABIC) AND "MARAFEQ" COMPANY ON ACTIVITIES AND INVESTMENTS OF THE GENERAL ELECTRIC IN THE MIDDLE EAST REGION, ESPECIALLY IN THE KINGDOM OF SAUDI ARABIA. HE NOTED THAT THE SAUDI ARABIAN MARKET PROVIDES PROMISING INVESTMENT OPPORTUNITIES WHERE BUSINESSES ARE FLOURISHING AND ARE EXPECTED TO RISE FURTHER. HABAYEB EXPRESSED GE'S INTEREST IN INVESTING IN JUBAIL AND YANBU INDUSTRIAL CITIES, MAINLY IN THE PROJECTS OF MARAFEQ WATER AND ELECTRICITY COMPANY. ON HIS PART, PRINCE SAUD SAID THAT JUBAIL AND YANBU ARE NOW MAJOR INVESTMENT CENTERS IN THE REGION WHERE TRANSPARENCY IS APPLIED TO GAIN MORE REVENUES FOR THE COUNTRY AND THE PEOPLE OF SAUDI ARABIA.
