Minister of Commerce and Industry Dr Hashim bin Abdullah Yamani approved the establishment of the Emar Al-Watan Company for real estate investment with a capital of SR300 million.
The company will have six million shares, each valued at SR50. A hundred million shares will be floated for public subscription, with two hundred reserved for the company’s founders.
The Riyadh-based company will engage in setting up and developing housing, commercial and industrial projects.
Source: SPA
