"It's the fruit of cooperation between the free zones council and Dubai Customs to leverage the virtual
stock operation, which is the first of its kind in the world.
Further, other operations such as the Panama
Stock Operation (PSO), CSR activities, and introduction of next generation mining equipment such as Autonomous Haulage System (AHS) also serve as driving factors for the growth of the mining equipment market in Latin America.
The aim is to enhance all the
stock operation based on the ABC analysis [12].
The government under the recommendation of the minister of finance has asked the [Capital Markets Authority (CMA)] to prepare the first step changing it into a joint
stock operation, which we are in the process of finalizing and then it will be up to the government to see how they're going to do that privatization.
In any barrel through head
stock operation, particularly in crowning, the work piece must be centered in both spindle and lathe chuck.
The company became a public joint
stock operation where the main shareholders are Prince Faisal bin Abdulaziz bin Faisal Al Saud (15 per cent), Abdul Latif Al Isa Holding Group (15.62 per cent), Dr Saad Saud Al Sayari (13.34 per cent) and Abdullah Suliman Al Dabaan (5.55 per cent).
In 2007, the company converted itself into a public joint
stock operation. It has enjoyed rising sales year by year, reaching SR211 million ($56.2 million) in 2006 when it was decided to set up an additional plant.
This enables
stock operations to be well optimized and the right products delivered at the right time to the right person.