VOL. XXXV
NO. 4
28-OCTOBER-1991
Saudi Arabia
Saudi-US Joint Venture for Oil Industry Construction Work
A new joint venture company specializing in construction work for the oilindustry is in the process of being set up in al-Khobar, Saudi Arabia. The newventure - the Arab American Company Ltd. - is capitalized at SR2mn ($533,333)and owned equally by its three partners, al-Hajiri Company of Saudi Arabia andGulf and Price, two US companies specializing in construction work related tothe oil...
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