VOL. XXXIII
NO. 22
5-MARCH-1990
Saudi Arabia
SABIC to Acquire 10% Stake in New Saudi Company
The Saudi Basic Industries Corporation (SABIC) has decided to acquire a 10%stake in the SR400mn share capital of the Saudi Industrial Development Companywhich is currently being promoted by Saudi Cairo Bank (MEES, 13 March 1989). SABIC will also have the option to participate in any future project launchedby the company. The function of the new Jiddah-based joint-stock company will beto develop second and...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!