Saudi Advanced Industries Company (2120.SR)

44.50 +0.70 (+1.60%) At close: 03:18PM AST

Saudi Advanced Industries Company

Takhasusi St with Othman bin Affan Rd
PO Box 51743 Al-Narjis district
Riyadh 11553
Saudi Arabia
966 11 478 9840
https://saic.com.sa

Sector(s): Industrials
Industry: Conglomerates
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Dr. Abdullah bin Suleiman Mohammed Al-Juraish	MD, Acting CEO & Director	N/A	N/A	N/A
Mr. Muhannad Mustafa Al Ashqar	Chief Financial Officer	N/A	N/A	N/A
Mr. Faisal Fahad Al Assaf	Acting Manager of Investment Department	N/A	N/A	N/A
Mr. Mohammed Faisal Aldawsari	Acting Manager of Governance & Compliance	N/A	N/A	N/A
Mohammed Abdul Aziz Al Shtawi	Advisor	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in SAR.

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.

Corporate governance

Saudi Advanced Industries Company’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.