The Minister of Commerce and Industry, Dr. Tawfiq bin Fawzan Al-Rabiah approved today the transformation of Khobar-based Global Maraya (Mirrors) Factory Company for Glass Industries from a limited liability into a closed joint stock company with a capital of SR 562.4 million. The capital is split into shares; the nominal value of a share is SR 10. The company' shares have been subscribed by partners. The Minister's approval came within the framework of the State's policy to enhance economic activities in various sectors.