Financial Profile
Company activities
The principal purposes of SABIC and its subsidiaries include, but are not limited to, the setting up of petrochemical, fertilizer, iron and steel, aluminium and other hydrocarbon-based industries.
Company history
Saudi Basic Industries Corporation (SABIC) was incorporated pursuant to Royal Decree No. M 66 dated 13/9/1396H (corresponding to September 6, 1976) and was registered as a Saudi joint-stock corporation under commercial registration No. 10813 on 14/1/1397H.
Date established
6/9/1976
External auditors
Ernst & Young
Board information
Chairman
His Highness Prince Saud bin Thunayan Al-Saud
Vice-Chairman
Mohamed H Al-Mady
Members
Mohamed H Al-Mady
Abdulmuhsin A Al-Faris
Ahmad I Al-Hakami
Mohammed S Abanumay
Saleh E Al-Husseini
Abdullah M Al-Issa
Equity profile
| Authorized Capital | 30,000,000,000 |
| Issued Shares | 3,000,000,000 |
| Average Trading Price | 0 |
| Paid Capital | 30,000,000,000 |
| Par Value/Share | 10 |
| Paid up Value/Share | 10 |
Contact information
For more detailed information, please see Our Company. This has details of SABIC’s formation, and biographies of the Chairman, Vice-Chairman and members of the Board.