VOL. XLIII

No. 17

24-April-2000

SAUDI ARABIA

New Saudi/German Joint Venture To Produce Polyethylene Packaging Products

Three Saudi firms, Al-Zamil Group, Al-Rajhi House Enterprises and al-Ohali Industrial Establishment, announced on 12 April that they have signed a joint-venture agreement with Bischof & Klein and Company of Germany to establish a new venture in Saudi Arabia, Bischof & Klein Middle East Company. The new companys first project will be to set up an SR 45mn ($12mn)...