<With a capital of SAR 200 million, Minister of Commerce and Industry Dr. Tawfiq bin Fawzan Al-Rabiah issued a decision approving the announcement of the transformation of Saudi Red Bricks Company from a partnership company to a closed joint stock company, and the company's activities include the production and manufacture of hollow red bricks, land acquisition and development, building construction and investment. The company is managed by a board of directors consisting of five members appointed by the Ordinary General Assembly for a period of three years. Exceptionally, the partners appointed the first board of directors of the company for a period of five years starting from the date of issuance of the ministerial decision announcing the transformation of the company.
The company's capital is divided into 20 million shares with a nominal value of ten Saudi Riyals per share. The partners have subscribed to all the company's shares and the company is headquartered in Jeddah.
The company's capital is divided into 20 million shares with a nominal value of ten Saudi Riyals per share.








