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Prince Salman Receives CEO of Maaden Company.

Summary: Riyadh, Safar 25, 1432, Jan 29, 2011, SPA-- Prince Salman Ibn Abdulaziz, the Governor of Riyadh Province, received here today Chief Executive Officer of Maaden Company Eng. Khaled Bin Saleh Al-Medaifer. During the meeting, Eng. Al-Medaifer told the Prince that Maaden is a joint stock Company...

Prince Salman Ibn Abdulaziz, the Governor of Riyadh Province, received here today Chief Executive Officer of Maaden Company Eng. Khaled Bin Saleh Al-Medaifer. During the meeting, Eng. Al-Medaifer told the Prince that Maaden is a joint stock Company with a capital of SR 9.25 billion and assets of nearly SR 34 billion, noting that the Company is putting the finishing touches to start production at its phosphate joint venture with Saudi Basic Industry Corporation "SABIC" in the second quarter of 2011 at a cost of capital SR 21 billion.

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Publication:Saudi Press Agency (SPA)
Date:Jan 29, 2011
Words:152
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