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Our company was established under the Council of Ministers’ Resolution No. 376 dated 14/08/1380H, ratified by Royal Decree No. 60 dated 14/08/1380H, and amended by Royal Decree No. 86 dated 22/09/1380H, in accordance with the provisions of the Saudi Companies Law and its executive regulations. As a publicly listed Saudi joint stock company on the stock market, it was registered in the Commercial Register No. 4030003334 on 19/12/1379H (14/06/1960). Since its inception, the company has been a key contributor to the refineries sector through its activities in crude oil extraction and refinery construction, petrochemical industries, securities trading, and real estate development, including land acquisition, subdivision, and off-plan property sales.
Our strategy is to diversify the selection of targeted projects, add value, and enhance the economy, making the company one of the main axes of regional and GCC investment.
The diversity of the company gives strength, by offering a diversified portfolio of investments in order to provide the best possible return on investment to shareholders.
Responsibility, Courage, Commitment.
Since its establishment, the company has committed itself to maximizing the abundant natural resources of the Kingdom of Saudi Arabia, such as petroleum and its derivatives, by making optimal use of these resources by investing in projects that benefit from these natural resources in a way that preserves nature and promotes the economic and social development of the region.
The core values of the company are to seek the best possible return on investment for its shareholders, as well as to invest in projects that provide high quality products to its customers and contribute to the preservation of the environment.
The company believes that market volatility calls for the redevelopment of its working mechanisms. And to deal with the daily realities associated with the company’s business.
To be the preferred company for investors by maximizing our assets, diversifying our investments, and delivering rewarding returns.
To provide products and services with distinctive competitive advantages that are scalable and expandable.
Acquiring companies and factories as fixed assets.
The Saudi Arabian Refineries Company participates in this company in the amount of one million one hundred and thirty five thousand three hundred and ninety two riyals (1,135,392 riyals) with
