Saudi Advanced Industries Company

What Saudi Advanced Industries Company does

Saudi Advanced Industries Company (SAIC; tadawul:2120) is a publicly listed Saudi investment holding company founded in 1987 and headquartered in Riyadh, with a registered capital of SAR 600 million and approximately SAR 1.01 billion in shareholders equity as of FY2025. The company invests across sectors including industrialization, energy, and agriculture (notably Balady Poultry Co. and TAQA Industrialization & Energy Services Company), holding stakes in private joint-stock companies and investment funds while distributing and leading these investments through qualified investment professionals.

SAIC generates returns through three primary streams: dividends from its investment portfolio, its proportional share of associate companies' profits, and realized and unrealized gains/losses on financial assets carried at fair value through profit or loss (FVTPL). Operating expenses are kept lean given the small team (11-50 employees), and the firm monetizes shareholder value through an active dividend policy — including SAR 59M distributed for FY2024 — backed by Sharia-compliant capital structures. The firm reinvests through recycled capital and a SAR 100 million Sharia-compliant credit facility renewed with Alinma Bank in June 2026.

Recent strategic activity reflects a repositioning cycle: a partial divestment from Obeikan Glass (April 2024), an announced MOU to acquire up to 100% of Dar Al-Balad Business Solutions (August 2024), the purchase of a permanent headquarters building (May 2024), appointment of CEO Khalid bin Saeed Abu Khadra (October 2024), election of a new board (June 2025), and the FY2025 net loss of SAR 162.51M driven by a SAR 153.88M mark-to-market loss on Balady Poultry Co. The Q1 2026 return to a SAR 7.43M net profit, alongside regulatory emphasis on Vision 2030-aligned investments, frames the near-term trajectory as a turnaround built on more disciplined deployment and broader sector diversification.

Name

Saudi Advanced Industries Company

Legal name

Saudi Advanced Industries Company

Website

https://saic.com.sa

Company type

Public

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Short description

Saudi Advanced Industries Company (SAIC) is a publicly listed Saudi investment holding company that invests in private joint-stock companies and investment funds across industrialization, energy, and agricultural sectors, generating returns through dividends, share of associate profits, and fair value gains on its financial assets.

Ownership category

akta.pro rank

Headquarters

HQ city

Ar Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Returns and Dividends: SAIC generates returns through dividends from its investment portfolio, including shares in private joint-stock companies and investment funds. Revenue is derived from both realized gains (selling financial assets) and unrealized gains/losses from marking investments to fair value.
2. Share of Associate Companies' Profits: The company recognizes its proportional share of profits and losses from associate companies where it holds significant influence, contributing to overall financial performance.
3. Financial Assets at Fair Value Through Profit or Loss: Investments measured at fair value through profit or loss (FVTPL) generate realized and unrealized gains/losses that form a significant portion of revenue, as evidenced by SAR 187.35 million in unrealized losses in 2025.

Distribution channels2 records

Marketing channels3 records

Core offering

Saudi Advanced Industries Company is an investment holding company that invests its capital in private joint-stock companies and investment funds across diverse sectors including industrialization, energy, and agriculture, seeking sustainable financial returns and long-term capital appreciation. Revenue is generated through dividends, proportional shares of associate company profits, and realized/unrealized gains on financial assets, with portfolio activities managed by qualified investment professionals and aligned with Saudi Vision 2030.

Product overview

Saudi Advanced Industries Company (SAIC) is a leading investment company with a capital of SAR 600 million. The company operates as a single unified investment platform rather than a multi-product portfolio. SAIC's core offering is investment management services focused on diversifying investments across promising sectors through investments in private joint-stock companies and investment funds, led by highly qualified individuals with extensive investment experience. The company is aligned with Saudi Vision 2030 and focuses on sectors that promote sustainability and support economic development.

Differentiator

Problem solved

Functional benefit

Products and services

• Investment Management Services
• Strategic Partnership Development

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves8 records

Expansion highlights4 records

Regional players

• Saudi Real Estate Company: Tadawul-listed Saudi investment holding company with diversified real estate and equity investments. Comparable to SAIC as a publicly listed Saudi holding vehicle deploying capital across multiple sectors with diversified income sources.
• Saudi Chemical Company: Tadawul-listed Saudi holding/investment company (2230 area) with diversified industrial interests. Comparable to SAIC in its domestic holding-company structure and equity investment approach.
• Alujain Corporation: Tadawul-listed Saudi industrial holding company (2170) investing in petrochemicals, mining, and industrial sectors. Comparable to SAIC as a domestic publicly-listed industrial investment vehicle targeting diversified Saudi growth sectors.
• Basic Chemical Industries (BCI): Tadawul-listed Saudi chemical and industrial investment holding company. Comparable to SAIC's industrial-sector investment focus and public-market shareholder structure.

Broad incumbents

• Sahara International Petrochemical Company (Sipchem): Tadawul-listed petrochemical company (2260) producing chemicals and polymers. Comparable as a Saudi publicly-listed industrial investment exposure, though more focused on operating petrochemical assets than diversified financial investing.
• Saudi Kayan Petrochemical Company: Tadawul-listed petrochemical producer (2230) and SABIC affiliate with large industrial asset base. While more operating-focused than SAIC, both companies operate in Saudi industrial value chains and benefit from aligned national industrial policy.

Direct peers

• Saudi Industrial Investment Group (SIIG): Tadawul-listed Saudi investment company (2250) focused on industrial and petrochemical sector investments. Closely comparable to SAIC in its industrial-investment mandate, public-market governance, and Vision 2030 alignment.
• Kingdom Holding Company: Publicly listed on Tadawul (4280), Kingdom Holding is a Saudi diversified investment company that holds stakes across multiple sectors and geographies. Like SAIC, it manages a portfolio of strategic equity investments and generates returns through dividends and capital appreciation, making its business model, governance structure, and revenue drivers closely aligned.
• National Industrialization Company (Tasnee): Tadawul-listed Saudi industrial holding company (2060) investing across petrochemicals, chemicals, and downstream industries. Comparable to SAIC in its public-market structure, industrial-sector focus, and reliance on equity-method income from portfolio companies.

Emerging players

• Herfy Food Services Company: Tadawul-listed Saudi food sector company with significant associated holdings. Less directly comparable but provides reference for publicly-listed Saudi companies in consumer/agriculture sectors — areas where SAIC's Balady Poultry exposure resides.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/saudi-advanced-industries-company

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saudi Advanced Industries Company