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Stock impact report

Factbox: Foreign investment in Saudi Arabia [Reuters]

Alcoa Corporation (AA) 
Last alcoa corporation earnings: 4/22 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investors.alcoa.com
Company Research Source: Reuters
Factbox: Foreign investment in Saudi Arabia | Reuters 5 Min Read DUBAI (Reuters) - Scandal surrounding the killing of Saudi journalist Jamal Khashoggi has shrunk the attendance of senior executives from multinational companies at this week’s Future Investment Initiative conference in Riyadh. But the Gulf’s largest economy remains an important market for global businesses, ranging from oil majors to leading banks. More than $50 billion in deals were signed at the conference on Tuesday, including a deal between Total ( TOTF.PA ) and Saudi Aramco [IPO-ARMO.SE] to create a retail network in the kingdom. Following are some of the major existing investments by Western companies in Saudi Arabia: **In 2008, Aramco and Total announced the Jubail Satorp refinery joint venture, which produces 440,000 barrels per day. Total has a 37.5 percent stake. In April, Aramco and Total signed a $5 billion deal to build a giant petrochemical complex at the refinery. **In 2009, U.S. aluminium giant Alcoa C Show less Read more
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