Middle East Economic Survey
VOL. XLVIII
No 49
5-December-2005
SAUDI ARABIA
Naimi Inaugurates Mining Hub At Ras al-Zour, Rail Deal Signed
Saudi Oil Minister Ali Naimi on 27 November inaugurated a project to create a mining hub city at Ras al-Zour in the Eastern Province of the kingdom. In a statement, Mr Naimi said that the Saudi Arabian Mining Company (Ma'aden) would set up the Mining Industrial City, the first of its kind in the Middle East, at a cost of nearly SR30bn ($8bn), adding that its site...
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