Saudis to Approve Company Expansions in Jubail, Al-Riyadh Says

Saudi Arabia’s Royal Commission for Jubail and Yanbu will give approval today for companies to expand in Jubail Industrial City, al-Riyadh reported.

Saudi International Petrochemical Co. (SIPCHEM), known as Sipchem, Saudi Arabian Fertilizer Co., known as Safco (SAFCO), and National Industrialization Co. (NIC), known as Tasnee, may be among the businesses that win authorization for expansion, the newspaper said.

To contact the reporter on this story: Mourad Haroutunian in Riyadh at mharoutunian@bloomberg.net

To contact the editor responsible for this story: Shaji Mathew at shajimathew@bloomberg.net

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