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Moroccan leading ONA private group to invest in Saudi mining sector
Saudi Arabia-Morocco, Business, 12/7/1998
Fouad Filali, Chairman of the Moroccan Private group "ONA," announced lately his group's intention to invest in the Saudi mining sector.
The ONA chief, who visited last week Riyadh, told Saudi "Asharq Al-Awsat" daily that the group, which has a sound mining experience, is interested in the extraction of zinc and cobalt in the two mining deposits in southern Saudi Arabia.
Filali said further that ONA looks forwards to enhancing inter-Arab economic complementarity to counter upcoming market globalization challenges.
Previous Stories:
British - Saudi firm invests $50 million in Moroccan tourism project
(10/3/1998)
Aramco to sign oil contracts with Morocco
(8/28/1998)
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