RIYADH, 12 March 2004 — Minister of water and electricity and president of the committee to organize electrical service, Dr. Ghazi Al-Gosaibi, agreed to issue licenses for companies to enter the electricity industry, which includes generating, transmitting, distributing and supplying power. Dr. Fareed Zaidan, deputy of the committee to organize electrical service, said that business people who want to enter this industry can apply soon. The decision to operate in the electricity business will be effective one month after the official decision is published in newspapers.