Tag Archives: Jacobs ZATE

Bassim Shebaro: Jacobs Engineering Raises Stake in Saudi Arabian Venture by 15%

Jacobs Engineering Group (NYSE: JEC) has increased its stake in Saudi Arabia-based construction and engineering services company Jacobs ZATE from 60 percent to 75 percent. Bassim Shebaro, Jacobs group vice president, said Tuesday the investment is part of the company’s efforts to grow its presence in the Saudi Arabian market. …

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