VOL. XXXNO. 510-NOVEMBER-1986
Financial and Banking News
INVESTMENT ACTIVITIES
Saudis Report Oversubscription to Offset Investment Company
Subscriptions to the newly-formed Saudi Advanced Industries Corporation(MEES, 20 October) have surpassed the SR100mn ($26.7mn) level, according toofficials of the Council of Saudi Arabian Chambers of Commerce. Investors in thenew company, which was set up to allow Saudi businessmen to participate in theSaudi offset investment program, are initially required...
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