Madinah newspaper said that in a generous gesture from the Custodian of the Two Holy Mosques King Abdullah Ibn Abdulaziz Al Saud and his concern about citizens in all provinces of the Kingdom, the King has approved the establishment of Baha Cement Company with a capital amounting to SR 1.2 billion and the allocation of 50% of the capital to the province's citizens and businessmen, and offering the remaining percentage to public subscription. The paper pointed out that the decision of allocating half of the company's capital to the people of the province shows the keenness of the Custodian of the Two Holy Mosques on citizens in all the Kingdom's provinces and his continuing efforts to improve the living standards of citizens. The paper noted that the King's decision coincides with the reaffirmation of Governor of Jazan Province that Saudi leadership has been keen on compensating victims of displacement during the events of the South when a group of armed infiltrators entered into the territory of the Kingdom and were defeated. --More
