SASCO is a Saudi public shareholding company established by ministerial decree No. 563 on December 10, 1982. The company's head office is located in Riyadh, King Abdulaziz district. SASCO is listed on the Saudi Stock Exchange (Tadawul) main market in the Consumer Discretionary Retail Sector with symbol 4050.
SASCO's activities are represented in car service centers, motels, restaurants, fuel transportation, and the import and sale of equipment and beverages using modern and well-maintained equipment. The company also operates an automobile association to issue international driving licenses and Customs Transit (Triptik) books. The company operates with 842 employees and reported $2.6 billion in revenue. In 2024, total revenue reached SAR 10.19 billion, showing an 11.8% increase over 2023, mainly driven by higher fuel sales volume and diesel price increases.
Recent Leadership News
SASCO's board of directors reappointed Ibrahim Al Hudaithi (non-executive) as Chairman and Sultan Al Hudaithi (executive) as Vice Chairman and Managing Director for a four-year term beginning June 30, 2024 and ending June 29, 2028.
Facts compiled by Executive Moves from publicly available news and press releases on 8 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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