Permanent Growth United Investment Company

Permanent Growth United Investment Company (a limited liability company – one person) was established in 2023 and is fully owned (100%) by the Saudi Advanced Industries Company, with a capital of (5) million Saudi riyals. Perpetual Growth United Investment Company aims to be the investment arm For the SAIC company in an effort to achieve the goals of the Saudi Advanced Industries Company and raise the efficiency of its investment and the sustainability of its returns, which works on qualitative and promising investments in vital sectors such as the health, education, food and other sectors.

Permanent Growth United Investment Company also works to be the financial investment arm for the company and its associates, by working to obtain the necessary licenses from the relevant authorities to practice other financial businesses.

SAIC company also transferred one million shares of its ownership in Obeikan Glass Company to Permanent Growth United Investment Company, with the aim of enhancing the capital of Permanent Growth United Investment Company and achieving the desired investment goals.