VOL. XXXI

NO. 39

4-JULY-1988

SAUDI ARABIA

Three Boeing Offset Companies To Start Operations Soon

Prince Fahd ibn 'Abd Allah, Director of the Saudi-US offset InvestmentProgram, has said that three companies for high-technology projects set up underthe offset program arising from the $1.18bn contract awarded in 1985 to a consortium led by Boeing of the US (MEES, 4 March 1985) are scheduled to startoperating by mid-July. The three companies are:

- Al-Salam Aircraft Modification Company, capitalized at...