Saudi Arabian Refineries Company (Sarco) announces the establishment of a subsidiary with a limited liability owned (100%)

Announcement Detail Saudi Arabian Refineries Company announces the completion of the issuance of the memorandum of association and commercial registration for its subsidiary company under the name Al-Sado Investment Company (a limited liability company owned 100% by the Saudi Arabian Refineries Company) with a capital of five million Saudi riyals and commercial registration No. 4030475999 and its head office is Jeddah. The company carries out real estate activities, financial activities, financial technology, tourism services, public construction activities, mining and quarrying activities. The company will start providing its services after completing all the establishment work in terms of administrative and technical terms and the necessary licenses.