The Idea to Establish the Company |
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| With generous initiation and encouragement received from his Royal Highness prince Fahad Bin Sultan Bin AbdelAziz, Tabuk Region prince directions were issued to convene a meeting at Tabuk city on 26/01/1413 H. |
| Big business men and entrepreneurs were invited and foundation committee was setup under his Royal Highness chairmanship and company establishment was started. |
Board of Directors |
In accordance with resolution of the sixteenth deffered general assembly convened on 20/12/1428H, corresponding to 30/12/2007, new board of directors had been elected to the company for a period of 3 years to start on 01/01/2008 G. upto 31/12/2010 G. Elected board members are as follows: |
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Mr. Khalid Al Shithry Mr. Sulaiman Saleh S. Al Saraf Mr. Obeid Abdullah O. Al Rashed Mr. Mohammed I. Nasser Mr. Mohammed Ali Al Ammari Mr. Madani M/ Al Aali Mr. Mansor Mosa Al Yehyan |
- Chairman - Member - Member - Member - Member - Member - Member |
The Complete Legal Entity and Capital |
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Tabuk Cement Company is a joint stock company wholly owned by Saudi Corporations, Individuals and other Gulf Corporation country nationals. |
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H.E. Minister of Industry and Electricity Decree no (514/S) issued on 12/03/1404 H and revised decree no (27/S) dated 10/03/1415 to permit establishment of industrial entity in the name of Tabuk Cement Company. |
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H.E. Minister of Commerce Decree to sanction the company establishment no. (247) issued on 12/02/1415 H corr. To 20/07/1994 to announce establishment of Tabuk Cement Company Saudi joint stock company. |
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Company commercial registration No. 3550012690 issued on 25/02/1415 H. |
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Tabuk Cement Company is a Saudi joint stock company wholly owned by Saudi Corporations, Individuals and other gulf cooperation countries nationals with actual capital of SR. 700,000,000 (SR Seven Hundred Million) raise on 27-03-2007 to SR. 900,000,000 (SR. Nine Hundred Million). |
Company Objectives |
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Participation to diversify sources of national income. |
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To drawback immigrated capital to invest in national projects in favor of citizens and home. |
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To yield rewarding dividends on investor capital in the company. |
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Import and localize latest cement industry technology to the kingdom to obtain cement product in compliance with Saudi and international standards. |
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Create wide potentials to accommodate Saudi working force. |
Company Activities |
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To produce Ordinary Portland Cement, SR Cement, Pozzalana, deal in those products and perform all activities related and complimentary to that purpose. |
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Establish factories and labs connected with industries of by-products or complimentary to cement industry as building materials and alike to attain that goal on receipt of proper license from the concerned authorities. | |
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To import and export cement and related products. | |
