The company’s capital was increased in stages: to SAR 432 million in 2007, SAR 500 million in 2015, and SAR 600 million in 2023.
It was established to support private sector participation in industrial development, contribute to the Economic Offset Program, and transfer advanced technologies to the Kingdom. Since inception, the Saudi Advanced Industries Company has taken part in several offset program companies and other industrial projects, focusing recently on competitive sectors such as oil, gas, petrochemicals, manufacturing, building materials, and related services.
Its core activity is investment, continuously evaluating opportunities through its Investment Management division, with a focus on diversifying assets, enhancing returns, and increasing cash flows.
Was established in 2023 as the investment arm of SAIC Company, with a capital of 5 million Saudi riyals and 100% ownership. The company has invested in promising, high-quality investments in vital sectors such as health, education, and food, among others. It also works to obtain the necessary licenses from relevant authorities to conduct other financial activities. Company Objective: Develop investment opportunities, provide financing solutions, and enhance competitiveness, growth, and prosperity in line with the National Investment Strategy launched by Crown Prince Mohammed bin Salman. The Kingdom seeks to capitalize on the strengths God has bestowed upon it, including its distinguished strategic location, leading investment power, and Arab and Islamic influence. The strategy represents one of the key enablers for achieving the goals of Saudi Vision 2030. To be the investment arm. To manage investments itself by obtaining an investment management license from the Capital Market Authority. To enhance the efficiency of its investments and the sustainability of its returns. To obtain financing independently..
At Saudi Advanced Industries Company, we are committed to strengthening our investment portfolio and pursuing promising opportunities that support our vision and shareholders’ aspirations. Guided by Allah, we have strategically expanded our investments, achieving sustainable financial growth.
Our success stems from a clear vision and efficient allocation of resources across key sectors such as energy, petrochemicals, advanced industries, and financial services, all aligned with Saudi Vision 2030. This strategy has reinforced our local presence and built a strong foundation to turn global challenges into growth opportunities.
Looking ahead with confidence, we aim to maximize asset value through continued investment and well-planned diversification, reaffirming our commitment to sustainable growth, operational excellence, and innovation while supporting the national economy and our shareholders.
