GHC Sells 46 Pieces of Land

ABHA,18 August 2005 — The Gulf Holding Company (GHC) sold 46 pieces of land from Al-Thurayya land plot — 30 percent of the total plot — Al-Eqtisadiah newspaper reported. The manager of sales for the land, Saeed Asiri, told Al-Eqtisadiah that the attendance of the sale was huge and the total number of plots in Al-Thurayya is 176, 60 percent of them are commercial while the remaining 40 percent are residential.