The Company was established pursuant to the Ministerial Resolution number 2509 dated 03/09/1427H (corresponding to 26/09/2006G) issued by the HE the Minister of Commerce and Industry announcing the incorporation of the Company as a Saudi closed joint stock company registered under Commercial Register of Riyadh No 1010224110 dated 17/09/1427H (corresponding to 10/10/2006G). The Company''s current Share Capital is seven hundred million Saudi Riyals (SAR 700,000,000) divided into seventy million