FINANCIAL POLICY
It is our strategic approach to accept only projects that does not go beyond our financial capabilities. To circumvent from the adversity, we opt to consolidate with other companies as a joint venture or as a subcontractor. Our company stands proud and confident with the help of our financial partner – THE NATIONAL COMMERCIAL BANK.
All financial data is stated in Saudi Riyals. Al Baraka Construction Co. Ltd. will comply with bonding requirement for:
- Advanced payment bond
- Performance bond
Monetary value of contracts is to be undertaken competitively, and a performance bond can be obtained from our bankers if required.
| Type of Ownership: | Limited Liability |
| Auditors: | (to whom it reference can be made over last 5 years) 2012 |
| Omar S. Saaty | |
| Certified Public Accountant | |
| Sitheen Street, Jeddah | |
| Authorized Capital: | 2 million Saudi Riyals |
| Issued and Paid-up Capital: | 2 million Saudi Riyals |