The Saudi Advanced Industries Company was established as a joint stock company under the Commercial Registration No. (1010068321) in Riyadh in 1988, with a capital of 500 million Saudi riyals.

The Saudi Advanced Industries Company invests in a number of different sectors, and the company's activity is summarized as follows:
1- Petrochemical Industries Sector: The Saudi Advanced Industries Company has participated in establishing a number of companies in the petrochemical industries sector, as the Saudi Advanced Industries Company owns a 0.62% stake in the Arab Industrial Fibers Company (Ibn Rushd).
2- The glass industries sector: The Saudi Company for Advanced Industries contributed to the establishment of the Obeikan Glass Company, as the company owns a 34.56% stake in the Obeikan Glass Company, which is a closed Saudi joint stock company that produces flat glass, and the company is also working on adding new products by establishing a subsidiary company. It is Al-Obeikan IGCY Glass Company, which produces insulated glass used in buildings and towers.
3- Industrial services sector: The Saudi Company for Advanced Industries has a share of 2.35% in the Industrialization and Energy Services Company (TAQA), which is a closed Saudi joint stock company. The Saudi Company for Advanced Industries also contributed to the establishment of Al Salam Aviation Industry Company and owns a 10% stake in the company. Peace to the aviation industry.
4- Financial services and investments sector: The Saudi Advanced Industries Company owns 31.62% of the capital of Masar Al-Numou Finance Co. (Deutsche Gulf Finance previously), a closed joint stock company, as well as various other financial investments.

The Board of Directors redefined the future vision of the Saudi Company for Advanced Industries by working on developing shareholder rights and increasing cash flows, while applying the highest comprehensive quality standards, with an emphasis on the investment activity of the company. It also aims to develop the company's assets, achieve strong financial performance, build integrated capabilities, find diversified financing methods, and work on sustainable cash dividends. It is expected that there will be a positive future financial impact on the equity of the shareholders in the company's financial position during the next five years.

And based on the company's activity as it is in the investment and financing sector, the company is studying investment opportunities continuously through the investment management in the company, and it may result in future projects for the company, which will enhance its investment portfolio and thus increase the diversification of assets and enhance the return on investments with a focus on increasing cash flows. The company also pushes and urges associate companies to list their shares in the financial market, as this has a positive impact on shareholders' equity and the company's financial position whenever possible.