ADES Holding Company (TADAWUL:2382)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
12.99
+0.01 (0.08%)
Jul 17, 2025, 3:19 PM AST

ADES Holding Company Company Description

ADES Holding Company, through its subsidiaries, provides oil and gas drilling and production services in Egypt, Algeria, Malaysia, Kuwait, Tunisia, Qatar, India, Indonesia, Thailand, and the Kingdom of Saudi Arabia.

Its services primarily include offshore and onshore contract drilling and production services. The company’s offshore services comprise drilling and workover services, and mobile offshore production unit production services, as well as accommodation, catering, and other barge-based support services.

Its onshore services include drilling and work over services, projects services, and repair and maintenance services.

The company also engages in rigs leasing, HR service, trading, training, and transportation equipment leasing activities.

The company was founded in 2002 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.

ADES Holding Company
CountrySaudi Arabia
Founded2002
IndustryOil & Gas Drilling
SectorEnergy
Employees5,275
CEOMohamed Farouk Md. Abdul Majeed Khaleq

Contact Details

Address:
Al Zamil House
Al Khobar, 2203
Saudi Arabia
Phone966 138499904
Websiteadesgroup.com

Stock Details

Ticker Symbol2382
ExchangeSaudi Stock Exchange
Fiscal YearJanuary - December
Reporting CurrencySAR
ISIN NumberSA55SG6H5716
SIC Code1381

Key Executives

NamePosition
Mohamed Farouk Md. Abdul Majeed KhaleqChief Executive Officer
Hussein Mohammed Abdul Salam BadawyChief Financial Officer
Montaser Mohamed Samy NaguibChief Operating Officer