The Saudi Chemical Company was established in 1972 as an investment company. It was listed on the Saudi stock market in 2001. The company owns three pharmaceutical companies; including SITCO Pharma, AJA Pharma, and the Chemical Commercial Investment Company Ltd (CCCI).The company reported $707.9 million in revenues for the first nine months of 2021. Al-Muhid has 27 years of experience and previously held roles at SABIC, GE, and Almarai. He is also the Chairman of the Board of Suez International Nitrate Company, and a board member in the Southern Province Cement Company,