RIYADH, 10 January 2006 — Abdulrahman Al-Jeraisy, president of the Riyadh Chamber of Commerce and Industry (RCCI), announced yesterday that subscription to shares in the newly established Mouten Real Estate Co. will be extended until Jan. 30 to give more time for people interested in buying its shares. In a statement released here, Al-Jeraisy said the main objective of the company is to establish low-income housing, industrial and tourism sites throughout the Kingdom. “We want to develop the real estate sector by providing enough land to build new housing and industrial cities around the Kingdom,” said Al-Jeraisy.

