Middle East Economic Survey

VOL. XLVIII

No 9

28-February-2005

SAUDI ARABIA

New Saudi Company For Oil Piers And Marine Installations

A group of investors have set up a new limited liability company in Dammam, Saudi Arabia to implement contracts for the construction, operation and maintenance of oil piers and marine installations, as well as other civil works related to such facilities. The new company Valentine Maritime Saudi is capitalized at SR2mn ($533,333) and is authorized to operate for a...