Blackstone, Saudis Set to Invest $40 Billion in Primarily U.S. Infrastructure
“This will create well-paying American jobs and will lay the foundation for stronger long-term economic growth,” Blackstone president Hamilton James said.
Blackstone is not the only American company to strike a business deal with the Saudis. General Electric and Lockheed Martin have both announced business deals with the Middle Eastern kingdom, which is working to diversify its economy.
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