NIG is announcing that an agreement has been entered with Abraaj Capital, Dubai to subscribe in 100% capital increase of KEPS (40% owned by NIG, and 60% owned by Al Jumaih KSA). With the admission of a new strategic investor (Abraaj capital) the new share of NIG and Al Jumaih will be 50%, and Abraaj Capital share will be 50%. NIG share of the issue premium will be US$ 20 M. National Industries Group to announce the date of its general assembly meeting, at the 21st of April 2009