VOL. XL

No. 6

10-February-1997

SAUDI ARABIA

Saudi Investors Plan To Set Up Company To Invest In Ex-Soviet Asian Republics

A group of Saudi investors plan to establish a company with a capital of $50mn to promote investments in the Central Asian muslim republics of the former Soviet Union, according to a report in the Saudi daily Arab News of 3 February. The idea of forming such a company originated in investment conferences held in some Asian Islamic republics sponsored by the Islamic...