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Saudi Minister of Commerce and Industry Approves Establishment of Medical Projects Company  Join our daily free Newsletter

MENAFN - Saudi Press Agency - 11/02/2013

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(MENAFN - Saudi Press Agency) The Minister of Commerce and Industry, Dr. Tawfiq bin Fawzan Al-Rabiah has approved the establishment of Jeddah-based Doctors Company for Medical Projects as a closed joint stock company under foundation with a capital of SR100,600,000.

The capital is divided into 10,060,000 shares with SR 10 as a nominal value per share. The founders have subscribed in all the company's shares and paid 25% of the capital.

The company deals in the provision of educational services and training in the field of health, the establishment of health colleges and centers for training and research and studies.

The Minister's approval came within the framework of the State's policy to enhance economic activities in various sectors.

 






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