VOL. XLIII

No. 42

16-OCTOBER-2000

SAUDI ARABIA

Establishment Of Utility Company For Jubail and Yanbu' Approved Ahead Of Privatization

The Saudi Council of Ministers on 9 October gave final approval for the establishment of a company called Marafiq to take charge of electricity and water supplies and run sewerage services in the industrial cities of Jubail and Yanbu'. A decree setting up the company was issued in July last year (MEES, 2 August 1999). Four founding members of Marafiq, the Royal...