Monday 24 June 2013

Saudi company’s growth mirrors kingdom’s history - FT.com

"Zamil Group, the family conglomerate headquartered in Al Khobar, the eastern province of Saudi Arabia, has seen it all.
Founded in the 1920s, its growth tells the tale of the big family businesses that dominate the otherwise government-led economy of Saudi Arabia.
Over the decades it has been catapulted from obscurity to become a regional giant, benefiting, like other Saudi companies, from the oil boom and subsequent leap in government spending."

'via Blog this'

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