VOL. XXXIII
NO. 25
26-MARCH-1990
Saudi Arabia
Ma'daniyyah's Capital Paid Up Now
The Chairman of the National Industrialization Company (NIC) of Saudi Arabia,Dr. Mahsun Jalal, has announced that the SR100mn ($26.7mn) share capital of theNational Company for Manufacturing and Casting of Metals (Ma'daniyyah) is nowfully paid up. NIC has a 36% stake in the company, with the remaining capitalheld by various interests from the private sector. The company will launch itsactivities with two projects: a...
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