VOL. XLVI
No 22
2-June-2003
SAUDI ARABIA
Industrialization And Energy Services Company Formally Established
Saudi Arabias Industry and Trade Ministry on 25 May announced the formal establishment of a holding company, the Industrialization and Energy Services Company (IESC), capitalized at SR533mn ($142mn). The new company will be involved in industry and in providing industrial support services in the oil, petrochemical, desalination, power and other sectors with the provision of goods, material...
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