VOL. XLIII

No. 04

24-January-2000

SAUDI ARABIA

Changes In Saudi Corporate Landscape

The recent announcement that a new Saudi holding company will be founded with a potential initial capital of SR1bn ($267mn) is perhaps symbolic of the growing role of the Saudi private sector and a recognition that future investment in the Kingdom must come from private rather than public sources. An opening date of 26 January has been set for receiving applications from Saudi businessmen and investors interested...