Middle East Economic Survey


No 32


Saudi Arabia

Zamil Industrial Investment To Establish Power Company

Dammam-based Zamil Industrial Investment Company is leading the establishment of a new power company specializing in power technology, central cooling and providing cooling services and others for large projects in the Gulf. The Central Power Company will be capitalized at BD10mn ($32mn) and based in Bahrain. Aside from Zamil, shareholders include Kuwait Financing House,...