VOL. XLVII
No 02
12-January-2004
SAUDI ARABIA
Saudi Aramco To Spend $19Bn On Materials/Services Through 2007
Saudi Aramco is planning to spend $19bn on materials and services through 2007, according to the companys vice president of New Business Development, Khalid al-Falih, speaking in London on 1 December at the Investing In Saudi Arabia conference organized by theMiddle East Economic Digest (MEED). Half the total will be spent on materials ($9.41bn, see Tables) and half ($9.47bn) on services....
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