Tag: Saudi pledges for Philippines

PHL bags $4.26 billion worth of investment deals during President Bongbong Marcos’ Saudi visit

(Eagle News)– Business leaders in the Kingdom of Saudi Arabia have pledged more than $4.26 billion in investments in the Philippines, the Presidential Communications Office said. According to the PCO, the companies made the pledge on the sidelines of the Association of Southeast Asian Nations-Gulf Cooperation Council (ASEAN-GCC) Summit in Riyadh attended by President Bongbong Marcos. Of the $4.26 billion investment pledge, the PCO said  $120 million will be for the construction of a capacity […]