{"id":6499,"date":"2015-08-30T10:19:07","date_gmt":"2015-08-30T07:19:07","guid":{"rendered":"http:\/\/www.amlak.net.sa\/?p=6499"},"modified":"2015-08-30T10:19:07","modified_gmt":"2015-08-30T07:19:07","slug":"%d9%88%d8%b2%d8%a7%d8%b1%d8%a9-%d8%a7%d9%84%d8%aa%d8%ac%d8%a7%d8%b1%d8%a9-%d8%aa%d9%88%d8%a7%d9%81%d9%82-%d8%b9%d9%84%d9%89-%d8%aa%d8%a3%d8%b3%d9%8a%d8%b3-16-%d8%b4%d8%b1%d9%83%d8%a9-%d9%85%d8%b3","status":"publish","type":"post","link":"https:\/\/amlak.net.sa\/en\/6499\/","title":{"rendered":"The Ministry of Commerce Approves the Establishment of 16 Closed Joint-Stock Companies"},"content":{"rendered":"<p class=\"p1\" dir=\"rtl\">The Minister of Commerce and Industry, Dr. Tawfiq bin Fawzan Al-Rabiah, approved the establishment of 16 closed joint-stock companies during the recent period, with a total capital of 55.1 million riyals. The approval included the establishment of Al-Nafea Building Materials Company with a capital of 1 million riyals, Al-Shams National International Energy Company with a capital of 1 million riyals, Munir Abdulkhaliq Rafah &amp; Sons Holding Company with a capital of 3.5 million riyals, as well as Madarat Al-Safi Investment Holding Company with a capital of 1 million riyals, and One Family Holding Company with a capital of 5 million riyals. The Minister of Commerce and Industry\u2019s approval also included the establishment of Saad Ibrahim Al-Haddab &amp; Sons Holding Company with a capital of 1 million riyals, Abdulrahman Abdulaziz Al-Bajadi &amp; Sons Holding Company with a capital of 1 million riyals, A\u2019anab Daniya Holding Company with a capital of 1 million riyals, as well as Al-Mamlakah Investment and Development Company with a capital of 1 million riyals, in addition to Jawatha Development Holding Company with a capital of 1 million riyals, and Muhammad bin Ibrahim Al-Qadi Holding Company with a capital of 1 million riyals. Among the companies approved for incorporation are the Community Environmental Recycling Company, with a capital of 15 million riyals; the Al-Sabeq Commercial Investment Union, with a capital of 3.5 million riyals; Diar Al-Naeem Holding Company, with a capital of 1 million riyals; Al-Mohammadiya Union for Commercial Investment Company with a capital of 6 million riyals, and Al-Sharqiyah for Trade and Contracting Company with a capital of 1 million riyals. The Ministry of Commerce and Industry\u2019s approval of the establishment of these companies comes within the framework of the state\u2019s policy aimed at boosting economic activity across various sectors and enhancing the competitiveness of the national economy in the face of regional and international challenges and competition.<\/p>","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\">Reading time: <\/span> <span class=\"rt-time\"> &lt; 1<\/span> <span class=\"rt-label rt-postfix\">Minute<\/span><\/span>The Minister of Commerce and Industry, Dr. Tawfiq bin Fawzan Al-Rabiah, has approved the establishment of 16 closed joint-stock companies over the past period, with a total capital of 55.1 million riyals. The approval included the establishment of Al-Nafea Building Materials Company with a capital of 1 million riyals, Al-Shams National International Energy Company with a capital of 1 million riyals, Munir Abdulkhaliq Rafah &amp; Sons Holding Company with a capital of 3.5 million riyals, as well as the company \u2026 <a title=\"The Ministry of Commerce Approves the Establishment of 16 Closed Joint-Stock Companies\" class=\"read-more\" href=\"https:\/\/amlak.net.sa\/en\/6499\/\" aria-label=\"Read more about the Ministry of Commerce Approving the Establishment of 16 Closed Joint-Stock Companies\">Read more<\/a><\/p>","protected":false},"author":10,"featured_media":86670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_seopress_robots_follow":"","_seopress_robots_imageindex":"","_seopress_robots_snippet":"","_seopress_robots_primary_cat":"0","_seopress_robots_breadcrumbs":"","_seopress_robots_freeze_modified_date":"","_seopress_robots_custom_modified_date":"","_seopress_robots_canonical":"","_seopress_social_fb_title":"","_seopress_social_fb_desc":"","_seopress_social_fb_img":"","_seopress_social_fb_img_attachment_id":0,"_seopress_social_fb_img_width":0,"_seopress_social_fb_img_height":0,"_seopress_social_twitter_title":"","_seopress_social_twitter_desc":"","_seopress_social_twitter_img":"","_seopress_social_twitter_img_attachment_id":0,"_seopress_social_twitter_img_width":0,"_seopress_social_twitter_img_height":0,"_seopress_redirections_value":"","_seopress_redirections_enabled":"","_seopress_redirections_enabled_regex":"","_seopress_redirections_logged_status":"","_seopress_redirections_param":"","_seopress_redirections_type":0,"_seopress_analysis_target_kw":"","_seopress_news_disabled":"","_seopress_video_disabled":"","_seopress_video":[],"_seopress_pro_schemas_manual":[],"_seopress_pro_rich_snippets_disable_all":"","_seopress_pro_rich_snippets_disable":[],"_seopress_pro_schemas":[],"footnotes":""},"categories":[104],"tags":[],"class_list":["post-6499","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislation-and-regulations"],"acf":{"amlak_post_excerpt":"","amlak_post_excerpt_source":{"label":"Amlak 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