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New water company for Saudi
- Saudi Arabia: Saturday, September 30 - 2006 at 16:05
Saudi Arabia is to set up a new national water company to take over the management of the groundwater sector, the distribution of drinking water and the collection and treatment of sewage, reported Arab News. The new company is expected to commence operations about four months after it is formed and an IPO of some of its shares would take place at a suitable time.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, September 30 - 2006 at 16:05 UAE local time (GMT+4)
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This article was updated on Wed Oct 11 2006.
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