Baha Cement Company to be established in Riyadh

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Saudi Arabia: The minister of Commerce and Industry, Tawfiq bin Fawzan Al-Rabiah, has approved the establishment of Riyadh-based Baha Cement Company as a closed joint stock company with capital of US$107m.
 The capital is split into shares and the company shares have been subscribed 50% by partners and the other 50% will be offered for public subscription.

The minister's approval comes within the framework of the state's policy to enhance economic activities in various sectors.

Last modified on 19 February 2014

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