Marcos secures $4.26B business deals in Saudi Arabia

The four agreements between Saudi firms and Filipino companies were signed during Marcos' roundtable meeting with Saudi business leaders Thursday afternoon here.Topping the four agreements is the $3.7 billion deal between Al-Jeer Human Resources Company and Association of Philippine Licensed Agencies for the Kingdom of Saudi Arabia to cooperate in terms of investments that would employ Filipino workforce in the Kingdom, according to the Department of Trade and Industry .

, and Filipino firm EEI Corporation valued at $120 million for the establishment of a 500-person training facility in the Tanza, Cavite, Philippines.Meant to upgrade Filipino labor skills in masonry, carpentry, electrical, welding, equipment management, warehousing, steel fabrication, and other construction-related crafts, the deal aims to train at least 2,000 Filipinos starting in 2024 and more than 15,000 in the next five years.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Marcos secures $120M business deals in Saudi ArabiaRIYADH: The Philippines has secured over $120 million worth of business agreements on the first day of President Ferdinand Marcos Jr.'s visit to Saudi Arabia.
Herkunft: TheManilaTimes - 🏆 2. / 92 Weiterlesen »

Marcos pushes Maharlika Investment Fund in Saudi ArabiaPresident Ferdinand 'Bongbong' Marcos Jr. on Thursday pushed for the Maharlika Investment Fund among business leaders in Saudi Arabia.
Herkunft: gmanews - 🏆 11. / 68 Weiterlesen »