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Saudi Aramco Sets Financing Plans For Industrial Push

An oil tank at Saudi Aramco's headquarters during a media tour at Damam city, November 11, 2007
An oil tank at Saudi Aramco's headquarters during a media tour at Damam city, November 11, 2007
Khobar, Saudi Arabia: Saudi Aramco, the world's biggest energy company, outlined financing plans on Wednesday that will support its expansion into new areas under a sweeping economic reform plan released by Riyadh this week. The reforms envisage Aramco transforming itself from an oil and gas firm into a "global industrial conglomerate" involved in many sectors and services, using its vast financial resources to create jobs and help ...
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