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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 Corp (AA.N) formed a joint venture with Saudi Arabia’s state-owned Saudi Arabian Mining Co (Ma’aden), setting up a $10.8 billion aluminium complex. Alcoa holds 25.1 percent of the project.

**Dow Chemical Co (DOW.N) and Aramco announced the formation of the $20 billion joint venture Sadara chemical complex in 2011, In August, Dow agreed to up its share of the project to 50 percent from 35 percent, **In 2013, U.S, fertilizer company Mosaic Co (MOS.N) entered into a joint venture with Ma’aden and Saudi Basic Industries Corp (SABIC) to form a $7 billion complex to make phosphate fertilizer and other products, Mosaic holds 25 percent of the project, **In May classical sheet music cufflinks 2017, GE (GE.N) signed $15 billion in business deals with Saudi Arabia, in a range of industries including oil and gas, mining, and healthcare..

**In May 2017, National Oilwell Varco (NOV.N) announced a $6 billion joint venture with Aramco to manufacture drilling rigs and equipment. **In August 2018, Aramco created a gasification and power joint venture with Air Products, an American company that will own a 55 percent share. The joint venture will purchase $8 billion worth of assets from Aramco. **British banks HSBC Holdings (HSBA.L) and Royal Bank of Scotland (RBS) (RBS.L) both have banking interests in Saudi Arabia. Saudi British Bank (SABB) 1060.SE is 40 percent owned by HSBC and Alawwal Bank 1040.SE is 40 percent owned by a consortium that includes RBS. The two Saudi banks are merging to create the kingdom’s third-biggest lender with a market capitalisation of about $17.2 billion.

**Canada-headquartered Barrick Gold Corp (ABX.TO) has a joint venture with Ma’aden, Both are 50/50 joint partners in the Jabal Sayid copper mine in Saudi Arabia, **Raytheon (RTN.N) has a more than 50 year history in Saudi Arabia and has signed deals with Saudi Arabia Military Industries covering local manufacturing in precision munitions, air and missile defence and cyber defence, **Six Flags Entertainment Corp (SIX.N) is planning to expand into Saudi Arabia with three parks, each costing between $300 and $500 classical sheet music cufflinks million to build, its executive chairman told Reuters in late 2016..

**Siemens (SIEM.NS) last year won an order worth around $400 million to deliver five gas turbines for a combined heat and power plant being built in Saudi Arabia. Siemens’ partners in the kingdom include Saudi Aramco, SABIC and Saudi Electricity Co 5110.SE. **Italian oil services company Saipem (SPMI.MI) has a framework agreement with Saudi Aramco to 2021 and has a fabrication yard in Saudi Arabia. In July it was awarded a procurement and construction contract for the development of the Haradh gas plant in the east of the country.

SAN FRANCISCO (Reuters) - It’s one of the biggest bets going in the world of cars, Since May, General Motors Co and its Cruise self-driving car unit have landed $5 billion in investment commitments from Japan’s SoftBank Group Corp and Honda Motor Co Ltd to develop a robot taxi service that could safely navigate the city streets of San Francisco by the end of next year - putting it ahead Alphabet Inc’s Waymo self-driving car unit, Uber and Lyft, Those expectations are now hitting speed bumps, according to interviews with eight current and former GM and Cruise employees and executives, along with nine autonomous vehicle technology experts familiar with Cruise, These sources say that some unexpected technical challenges - including the difficulty that Cruise cars have identifying whether objects are in motion - mean putting GM’s driverless cars on the road in a large scale way in 2019 is looking classical sheet music cufflinks highly unlikely..

“Nothing is on schedule,” said one GM source, referring to certain mileage targets and other milestones the company has already missed. Cruise CEO Kyle Vogt told Reuters last month the service will offer passengers “a primary form of transportation” most anywhere they want to go, and compete with Uber and Lyft. Using driverless cars to carry fare-paying customers would allow Cruise to recover investments in expensive technology and turn a profit more rapidly than trying to sell self-driving cars to the few individual customers who could afford them.

In addition, operating self-driving cars in a taxi service would allow Cruise and GM to tailor the service to the limitations of the technology until software and sensors are ready to enable autonomous vehicles that can go anywhere, “Based on where we’re at and where we’ve been, classical sheet music cufflinks we’re on track to hit that” 2019 goal, Vogt said, Still, some close to the project acknowledge the length of time and money it will take to get the ride hailing service up and running, “We know we aren’t commercially ready now,” said Michael Ronen, managing partner for SoftBank Investment Advisers and the firm’s lead investor on the Cruise deal who will join Cruise’s board of directors, “I think now the question is who is going to be successful and how quickly.”..

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