Saudi Advanced Industries Company (TADAWUL: 2120)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
36.60
-0.50 (-1.35%)
Oct 14, 2024, 3:19 PM AST

Saudi Advanced Industries Company Company Description

Saudi Advanced Industries Company invests in various industrial projects in the Kingdom of Saudi Arabia.

It operates in Petrochemical, Glass Industry, Industrial Services, and Financial Services and Investments segments.

The company, through its investments, offers heavy maintenance and modification services for commercial and military aircrafts; and aromatic or ring compounds, pure tralic acids, and polyester ores for bottles and packaging.

It also provides marine and geophysical studies for the exploration and development of hydrocarbons, minerals, and groundwater sources; seismic survey, ocean study, geodetic studies, and map preparation for the exploration of natural resources; drilling services for oil and gas extraction; heavy sealers for drilling in the Gulf water; and multi-purpose marine self-propelled platforms for oil wells.

In addition, it manufactures petrochemicals and glass; and provides mortgage services to individuals and banks.

Further, the company wholesales and retails glass; provides raw materials for glass and accessories; manufacture and production of glass; management of mining quarries, as well as offers coloring, chopping, and installation of glass.

The company was incorporated in 1988 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.

Saudi Advanced Industries Company
Country Saudi Arabia
Founded 1988
Industry Conglomerates
Sector Industrials
CEO Abdullah bin Suleiman Al-Juraish

Contact Details

Address:
Takhasusi St with Othman bin Affan Rd
Riyadh, 11553
Saudi Arabia
Phone 966 11 478 9840
Website saic.com.sa

Stock Details

Ticker Symbol 2120
Exchange Saudi Stock Exchange
Fiscal Year January - December
Reporting Currency SAR
ISIN Number SA0007879246
SIC Code 6799

Key Executives

Name Position
Abdullah bin Suleiman Al-Juraish Chief Executive Officer
Muhannad Al Ashqar Chief Financial Officer