Saudi- Ministry of Commerce and Industry approves establishment of 16 companies with SR 55.1 million capital


(MENAFN- Saudi Press Agency) The Minister of Commerce and Industry Dr. Tawfiq bin Fawzan Al-Rabiah approved the establishment of 16 closed joint stock companies during the last period with a capital of 55.1 million riyals.

The companies work in the fields of trade, energy, investment, construction, and contracting.

The Ministry of Commerce and Industry's approval of the establishment of these companies comes in the framework of the State's policy aimed to boost economic activity in various sectors and enhance the competitiveness of the national economy in the face of challenges and regional and international competitions.


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