| From Saudigazette.com.sa: General Electric and Mubadala Development Company signed recently commercial finance joint venture agreement and establishment of a regional training center for next-generation business leaders, demonstrating significant progress on key aspects of a broader strategic partnership forged by the companies last year.
“The global financial services business proposed under today’s agreement combines Mubadala’s regional investment expertise with GE’s global origination excellence in one of the world’s fastest-growing markets,” GE Chairman of the Board and Chief Executive Officer Jeff Immelt said.......Full Article: Source
|