VOL. XXXVIII

NO. 37

12-JUNE-1995

Saudi Arabia

Mawarid Sells Chain Of Gasoline Stations In Saudi Arabia

The Mawarid Holding Company of Saudi Arabia, which is involved in a widerange of investment activities, has confirmed to MEES that it has reached anagreement to sell the chain of retail gasoline stations owned by its subsidiarycompany, Naft, to Prince 'Abd al-'Aziz ibn Ahmad ibn 'Abd al-'Aziz and to theSaudi businessman, Shaikh Muhammad Husain al-'Amudi. The formalities to transferNaft to the new...