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Zamil Becomes Joint Stock Company
Saudi Press Agency Published in Saudi Press Agency on 05 - 03 - 2005

Al-Zamil Group has been transformed into a joint stock company with a capital of SR52.2 million.
Commerce and Industry Minister Dr. Hashem Yamani announced the decision yesterday.
Yamani also said his Ministry approved the establishment of Al-Khaleej Real Estate Co. as a joint stock company in Riyadh with a capital of SR325 million.
Al-Zamil's founders have paid the capital of the Alkhobar-based company, whose activities will cover business, industry, real estate, contracting, services, transport, operation and maintenance.

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