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Publisher's Note The third edition of Financial Services in Wales The data provided in this publication to correct to (formerly entitled Corporate Financial Services in the best of the Publishers knowledge and belief at Wales) has been completely revised and updated the time of going to press at the end of 1990. via questionnaires sent to all the second edition's entrants and via telephone follow-up where No responsibility can be accepted either by the necessary. Many new organisations have also publishers or the sponsors of this directory for any been added, reflecting the continueing dynamic action taken by a reader as a result of using this growth of the Welsh financial services sector. directory. Once again the Publishers would like to thank all As a matter of sensible business practice, any those organisations which contributed data for reader choosing to make further use of the publication in the directory, as well as the information given in this publication is advised to advertisers and -in particular -the sponsors, the take specific professional advice to cover the names of which are listed on the title page of the particular course of action he may wish to follow. directory. 2 unlike some other regions Wales is not overheated and continues to offer great opportunities for FOREWORD companies in this sector looking to expand or re­ locate. I look foward to outstanding future growth.

This book represents the sixteenth edition of the leading IMPORTANT reference work MAJOR COMPANIES OF THE ARAB WORLD All company entries have been entered in MAJOR COMPANIES OF THE ARAB WORLD absolutely free of This volume has been completely updated compared to last charge, thus ensuring a totally objective approach to the year's edition. Many new companies have also been included information given. this year. Whilst the publishers have made every effort to ensure that the information in this book was correct at the time of press, no The publishers remain confident that MAJOR COMPANIES responsibility or liability can be accepted for any errors or OF THE ARAB WORLD contains more information on the omissions, or for the consequences thereof. major industrial and commercial companies than any other work. The information in the book was submitted mostly by the ABOUT GRAHAM & TROTMAN LTD companies themselves, completely free of charge. To all those Graham & Trotman Ltd, a member of the Kluwer Academic companies, which assisted us in our research operation, we Publishers Group, is a publishing organisation specialising in express grateful thanks. To all those individuals who gave us the research and publication of business and technical help as well, we are similarly very grateful. information for industry and commerce in many parts of the world.

Wales is being transformed from a country dependent upon heavy industries to one of the most exciting regions of Western Europe. It is attracting a diversity of activity in terms of both inward investment and a whole range of new indigenous business. Wales has had an increasing amount of inward investment. Countries like Japan, the United States and Western Germany recognise the high quality of the workforce, the good communications, the good financial package offered by a positive regional policy and the enthusiasm of local government and trade unions welcome them. Wales is at last being recognised as the ideal location for service industries. The urban redevelopment of Cardiff, the enormous developments in cities like Swansea and Newport create a location for service industries of the highest quality at low cost. Wales provides office accomodation at a fraction of the cost in the South East of England, but with the latest buildings and the latest in telecommunication technology. There is certainly a welcome in Wales and I hope all of those who read this directory, indicating as it does the growth that has already taken place, will themselves make the appropriate enquiries: • see where they can locate an office, • see what are the facilities for a good quality labour force, • study the good communications be they road, rail or telecommunications. Anybody that does this will certainly conclude that Wales is the place to be. Rt. Han. Peter Walker, MBE.

The International Corporate 1000 represents a joint venture between Monitor Publishing Com­ pany of Washington, DC, and Graham & Trotman Limited of London. Monitor Publishing Company is well known as the publisher of The Federal Yellow Book, The Congressional Yellow Book, and The Corporate 1000. Graham & Trotman's annual directories providing data on the major companies in many parts of the world are equally established. The two publishing companies have pooled their expertise in this joint venture to research, compile and publish The International Corporate 1000, A Directory o/Who Runs The World's 1000 Leading Corporations. The directory was designed to help you identify and contact the senior executives who lead and manage these companies. Accordingly, you will find extensive, valuable detail about who does what, and how to reach them, but you will find little financial or statistical data. We have designed the book in this way because we believe there is a great need for an accurate and current executive directory, whereas a wealth of financial data is already available from many different sources. The organization of the directory is by key geographical region, then by major country within each region, and then alphabetically by company within each country.