ADES Holding Company (TADAWUL:2382)
Saudi Arabia flag Saudi Arabia · Delayed Price · Currency is SAR
18.54
+0.10 (0.54%)
Apr 14, 2026, 1:05 PM AST

ADES Holding Company Company Description

ADES Holding Company, through its subsidiaries, provides oil and gas drilling and production services in Egypt, Algeria, Tunisia, the Kingdom of Saudi Arabia, Kuwait, Qatar, India, Southeast Asia, West/Central Africa, Norway, and other regions.

Its services primarily include offshore and onshore contract drilling and production services. The company’s offshore services comprise drilling and workover services, and a mobile offshore production unit, 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 rig leasing, HR service, trading, training, and transportation equipment leasing activities.

The company was founded in 2022 and is headquartered in Al Khobar, the Kingdom of Saudi Arabia.

ADES Holding Company
CountrySaudi Arabia
Founded2022
IndustryOil & Gas Drilling
SectorEnergy
Employees5,275
CEOMohamed Farouk Mohamed Abdul Abdul 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 Mohamed Abdul Abdul KhaleqChief Executive Officer
Hussein Mohammed Abdul Salam BadawyChief Financial Officer
Montaser Mohamed Samy NaguibChief Operating Officer