1999 News Story

Business Council holds reception in Washington DC

The U.S.-Saudi Arabian Business Council held a reception yesterday in honor of a 14-member visiting delegation of Saudi businessmen, representing the largest commercial and industrial establishments in the Kingdom's private sector. Among the topics discussed was the speech delivered earlier this week in Madinah by Deputy Prime Minister and Commander of the National Guard Crown Prince Abdullah Bin Abdul Aziz in which he referred to the Kingdom's policy of privatization as a strategic option for a strong economic base.