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Minister of Commerce and Industry Approves Transformation of Saudi Credit Information Company
Saudi Press Agency Published in Saudi Press Agency on 03 - 03 - 2014

The Minister of Commerce and Industry, Dr. Tawfiq bin Fawzan Al-Rabiah, has approved the transformation of Riyadh-based Saudi Credit Information Company with a capital of SR 50 million from a limited liability company to a closed joint stock company.
The capital is split into shares; the nominal value of a share is SR 10. The company's shares have been fully subscribed by partners.
The Company deals in providing credit information to investors.
The Minister's approval comes within the framework of the State's policy to enhance economic activities in various sectors.

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