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 believe that successful investment is measured not only by the size of the opportunities available, but also by the quality of investment decisions, efficient capital investment, and the ability to create sustainable value for our shareholders. With this in mind, we continue with an ambitious vision to enhance the efficiency of our investments, grow the company’s assets, maximize returns, and capitalize on promising opportunities in various sectors, which will enhance the company’s position and support its long-term growth.
At Saudi Advanced Industries Company, we are working to develop our investment approach through accurate opportunity assessment, effective risk management, and optimal use of financial resources, in order to achieve a balance between growth and sustainable returns, and enhance the company’s ability to keep pace with economic changes and capitalize on available opportunities.
We also attach great importance to enhancing governance, transparency and institutional efficiency, based on our belief that they represent key pillars to raise the quality of decisions, consolidate shareholder confidence, and enhance the sustainability of institutional performance.
We look forward to the next phase with ambition and confidence, based on our investment expertise and human competencies, and continue to work on diversifying our investment portfolio, enhancing the efficiency of our current investments, and exploring new opportunities that contribute to achieving the company’s goals and the aspirations of its shareholders, in line with the objectives of the Kingdom’s Vision 2030.
We believe that our true success is not limited to achieving results, but also extends to building sustainable value, enhancing the trust of our shareholders, and consolidating the company’s position as an active investment partner in the Kingdom’s economic development.
