Saudi Aramco today announced it is planning a year-long program of exciting celebrations throughout Saudi Arabia and various countries around the world to mark the company's 75th Anniversary in 2008. These celebrations will involve and honor Saudi Aramco's present employees and retirees, as well as the local communities in which the company operates. The 75th Anniversary events program will commence with kick-off celebrations for employees in the first quarter of 2008, according to a report carried by Saudi Aramco's web-site. Ali I. Al-Naimi, Minister of Petroleum and Mineral Resources, expressed his excitement at the approaching celebrations: “I am already experiencing all the joys of preparing for and anticipating the Company's 75th anniversary of the signing of the Concession Agreement in 1933, when the Kingdom's founder, the late King Abdul-Aziz, gave the nod to his Minister of Finance, Shaikh Abdullah Al-Sulayman, to sign the articles of agreement.” “This far-seeing decision ushered in the historic Saudi oil and development legacy, which thrust the Kingdom onto the world stage and ultimately made it an influential global force.” A significant focus of the anniversary will be the role Saudi Aramco plays in contributing to the economic development of the Kingdom of Saudi Arabia and global economic stability. --MORE
