VOL. XXXVIII
NO. 44
31-JULY-1995
Financial and Banking News
Personnel Changes
Management Changes At NIC
The first fall out from last month's 50% acquisition of the NationalIndustrialization Company (NIC) by a consortium led by the Saudi financierPrince al-Walid ibn Talal (MEES, 26 June) has come with the announcement on 24July of the resignation of NIC's Chairman of the Board, Dr. 'Abd al- 'Aziz al-'Awhali.When he was elected to his post in April 1994, Dr. 'Awhali sought to restructurethe company...
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