Europe Commission clears creation of joint venture by Chinese, Saudi companies
BRUSSELS, Sept 19 (KUNA) -- The European Commission Tuesday announced the approval, under the EU Merger Regulation, the creation of a joint venture by Baoshan Iron & Steel Co. Ltd. (آ‘Baosteelآ’) of China, Saudi Arabian Oil Company (آ‘Saudi Aramcoآ’) and Public Investment Fund (آ‘PIFآ’), both of Saudi Arabia.