The Chamber of Commerce and Industry in Al-Jouf has embarked on the establishment of a joint stock company to invest in development projects in the region with a capital of 100 million riyals divided into 10 million shares of 10 riyals per share.

Dr. Dr. Hamdan bin Abdullah Al-Samreen, Chairman of the Board of Directors of the Chamber of Commerce, stated that the main objective of establishing the company is to create an effective and diversified investment arm for public investment in Al-Jouf region with a rewarding return for shareholders, targeting contracting projects in addition to tourism, entertainment, industrial and real estate projects and will contribute to the growth of the region's economy in order to achieve sustainable development in the region.

He pointed out that the Chamber will open the way for the people of the region to contribute to the company before starting to market it outside the region, thanking the members of the Board of Directors of the Chamber for adopting such pioneering initiatives under the support and guidance of His Royal Highness Prince Fahd bin Badr bin Abdulaziz, Emir of Al-Jouf region.