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Sovereign Wealth Funds Briefing - Categorized | Market

GE, Mubadala look to enter debt and equity services in Saudi market

Posted on 21 May 2009

From Bi-me.com: General Electric Co and Abu Dhabi’s Mubadala Development Co plan to provide debt and equity financial services in Saudi Arabia as part of a move to tap opportunities in the biggest Arab economy.

GE and Mubadala expect to start their operations in Saudi Arabia by the end of this year, Akram Hamad, GE’s President of Gulf region, said in Riyadh today. ……Full Article: Source


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