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SR 300 million "Emar Al-Watan"company formed to develop housing,
Saudi Press Agency Published in Saudi Press Agency on 11 - 08 - 2004

Minister of Commerce and Industry Dr. Hashim bin Abdullah Yamani has approved formation of an SR. 300 million "Emar Al-Watan" (Construction of the Nation) company for real estate investment.
The newly established company will have 6 million shares, each valued at SR. 50. As many as 100 million shares will be floated for public subscription and 200 reserved for the company's founders.
The Riyadh-based company will engage in setting up and developing housing, commercial and industrial projects.

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