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Saudis eyeing US firms with billions to invest
Saudi officials say they may invest up to 20 billion dollars abroad this year and could buy significant stakes in major US companies such as General Motors. They stress foreign ownership could bring profits and avoid disruption, while warning Congress not to block such investments.
MENTIONED IN THIS ARTICLE
R. Gregory Nokes Sedda
Saudi Arabia
General Motors
United States
U.S
Sheik Ahmed Zaki Yamani
Yamani
Congress
James E.aking