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Japan's Mitsubishi UFJ bank optimistic on Saudi project finance, Aramco IPO role

Mitsubishi UFJ Financial Group expects double-digit growth in its project finance business in the Middle East in 2017, driven partly by Saudi Arabia's efforts to reduce its dependence on oil, the bank's co-head in the region Elyas Algaseer said.  Saudi Arabia's push to diversify its economy under its National Transformation…

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