NO. 50


Saudi Arabia

Saudi Government Invites Local/Foreign Companies To Invest InPetrochemicals

The Saudi Council of Ministers has called on Saudi nationals and companiesand international firms to invest in the petrochemical sector in the Kingdom.The decision, which was announced in a statement on 5 September, after a meeting of the cabinet, is particularly significant coming one year after thegovernment in August 1993 cancelled a major joint-venture project between...