VOL. XLI
No. 50
14-December-1998
SAUDI ARABIA
Saudi Prince Signs $453Mn Construction Deal With Saudi Firm al-Seif
Saudi Prince al-Walid ibn Talal on 29 November signed a SR1.7bn($453mn) contract with the Saudi construction company al-Seif Engineering ContractingEstablishment to construct a skyscraper in Riyadh. The building, which will house theKingdom Center and will include a Four Seasons Hotel, is expected to be completed by theend of the year 2000. The Prince holds a 25% stake in Four Seasons...
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