Saudi Advanced Industries Company (SAIC) was founded in 1987 and is a public company listed on the Saudi Stock Exchange (Tadawul) since May 1993. The company is headquartered in Riyadh, Saudi Arabia, and operates within the Diversified Financials sector focusing on Multi-Sector Holdings.
SAIC invests in technology companies in Saudi Arabia and operates through Petrochemical, Glass Industry, Industrial Services, Financial Services and Investments, and Others segments. The company holds interests in Al-Salam Aircraft Company and the Aircraft Accessories & Components Company. Major investments include Al-Salam Aircraft Company Limited, Arab Industrial Fibers Company (Ibn Rushd), Manufacturing and Energy Services Company, National Petrochemical Company (Yansab), Obeikan Glass Company, and Deutsche Gulf Finance Company.
The company adopts a comprehensive approach based on diversifying its investments and building distinguished strategic partnerships that enhance its competitiveness and support the achievement of its investment objectives, in alignment with the Kingdom's Vision 2030.
Facts compiled by Executive Moves from publicly available news and press releases on 13 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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