Riyadh - Mubasher: General Electtic (GE) announced on Saturday that it has signed major business deals and memorandums of understanding (MoU) with Saudi Arabia worth $15 billion (SAR 56.25 billion), according to a statement.

The agreements include $7 billion (SAR 26.25 billion) to provide GE technologies, as announced during the Saudi-US CEO Forum 2017, which is held on the sidelines of the US President Donald Trump’s visit to Riyadh.

Some of the projects will help Saudi Arabia in diversifying its economy, the cornerstone of vision 2030, as per the company’ statement.