VOL. XLVII

No 14

05-April-2004

CAPITAL MARKETS

SAUDI ARABIA

Saudi Arabia Appoints Businessman As Head Of SAGIA

The Saudi Government has appointed businessman Amr Dabbagh to head the Saudi Arabian General Investment Authority (SAGIA) with the rank of minister. He replaces Prince 'Abd Allah bin Faisal bin Turki who has held the post since SAGIAs establishment in April 2000. Prince 'Abd Allah, who was formerly Chairman of the Royal Commission for Jubail and Yanbu', is reported to have asked to step...