Saudi firm buys stake in UAE's University Bookshop
Saudi Arabia: Thursday, May 15 - 2008 at 07:59
The Saudi Specialised Publishing Company, a subsidiary of the Saudi Research and Marketing Group, has bought 51% of the UAE's University Bookshop for SR71.5m ($19m). UB specialises in publishing and translating university and school textbooks. SSCP said the deal will help meet the growing demand for knowledge-based products required by universities and schools in the region.
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Jeff Florian, Senior ReporterThursday, May 15 - 2008 at 07:59 UAE local time (GMT+4)
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