VOL. XXX

NO. 13

5-JANUARY-1987

KUWAIT

Plans Underway to Amalgamate Kuwaiti-Tunisian Joint Venture Firms

During a visit to Tunisia towards the end of December, the Chairman andManaging Director of the Kuwait Petrochemical Industries Company (PIC), Mr. 'Abdal-Baqi Nuri, disclosed that plans were underway for the amalgamation of thePICTunisian fertilizer joint-venture firms, in order to reduce production costsand operating expenses. Mr. Nuri said that the general assemblies of these firmshad agreed...