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Saudi-German JV to sell home appliances

Saudi-based Al-Jezy Group has signed a joint venture agreement with Germany's Bosch and Siemens Home Appliances Group (BSH), aimed at driving the growth of Bosch and Siemens products in the kingdom, Arab News has reported. The new JV, BSH Saudi Arabia, will offer a range of home appliances at a dedicated showroom in Jeddah, with plans to open a second showroom in Riyadh later this year.

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