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FINANCIAL NEWS
Saudi KACST, TASNEE to develop synthetic fiber
19 Nov 2013
(MENAFN) The King Abdulaziz City for Science and Technology (KACST) has signed a deal with National Industrialization Company (TASNEE) to develop synthetic fiber for commercial purposes, according to Arab News.
Ahmed Abduljabbar Al- Yamani, TAQNIA chief operating officer, on behalf of KACST and Saleh Fahad Al-Nazha, TASNEE chief executive, have signed the deal in the presence of Prince Turki bin Saud bin Mohammed Al-Saud and TAQNIA Chairman Mubarak bin Abdullah Al-Khafrah.
The deal aims to emphasize the role of the Kingdom’s industrial sector, improve trade relations with the private companies.
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