Capitalizing on our success in the oil and gas sector, Presson Descon International, on December 24th 2008, formally established itself in the Middle Eastern market by incorporating Presson Descon International FZE as its new wholly owned subsidiary. FZE was incorporated as a Free Zone Establishment with limited liability pursuant to Emiri Decree No. (6) Of 1995 and Implementing Rules and Regulation issued there under by the Hamiryah Free Zone Authority. |