VOL. XLIII

No. 07

14-February-2000

SAUDI ARABIA

Board Of Saudi Electricity Company Named In Further Step Towards Privatization

Saudi Arabias cabinet, in a meeting on 7 February, named the members of the board of the joint stock Saudi Electricity Company (SEC) the body which will coordinate the power privatization process. The statutes of SEC the product of a merger between the existing regional power suppliers received cabinet approval last December (MEES, 20 December 1999). At the same time,...