What Saudi Cable Company does

Saudi Cable Company is a publicly listed Saudi Arabian cable manufacturer (Tadawul ticker: SCC) headquartered in Jeddah and founded in 1975. The company designs and manufactures power cables, fiber optic cables, and submarine cable solutions for infrastructure projects across the GCC and broader Middle East, serving telecom operators (5G backhaul, FTTx, smart grids), electric utilities (transmission and distribution), and government-led mega-projects tied to Saudi Vision 2030 and NEOM. Its core technology portfolio centers on physical cable products, with submarine cable capability positioned for energy transition and coastal infrastructure applications.

The business model is B2B hardware sales, generating revenue through direct, project-based engagement with utilities, telecom operators, and government entities via tenders. Pricing is quote-based and negotiated on a per-project basis rather than via standardized public pricing. The company holds an estimated 35-40% share of the Middle East direct burial fiber optic cable sub-market and competes regionally against global majors including Prysmian Group, Ducab, and Nexans.

Operationally, the company is currently in a financial restructuring phase. In 2025 it announced a planned SAR 300 million sukuk issuance (Murabaha or Mudaraba structure), and on June 15, 2026 shareholders approved a SAR 107.9 million loan contract with shareholder Ibrahim bin Mansour bin Mohammed Al-Rajhi, alongside board refresh and a new external auditor (Forvis Mazars) for FY 2026-2027. Q3 2025 net profit showed only a slight year-over-year improvement, indicating the restructuring is still in early execution.

Name

Saudi Cable Company

Legal name

Saudi Cable Company

Website

https://saudicable.com

Company type

Public

Founded year

1975

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Saudi Cable Company is a Jeddah-headquartered, publicly listed manufacturer of power, fiber optic, and submarine cables serving telecom operators, utilities, and government mega-projects across the GCC under Saudi Vision 2030.

Ownership category

akta.pro rank

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Cable Products Manufacturing and Sales: Saudi Cable Company manufactures and sells power cables, fiber optic cables, and submarine cable solutions for infrastructure projects across the GCC region. Revenue is generated through product sales to utility companies, telecom operators, and government infrastructure projects.

Distribution channels1 record

Core offering

Saudi Cable Company manufactures and sells power cables, fiber optic cables, and submarine cable solutions for infrastructure projects. Its products are supplied to utility companies, telecom operators, and government-led mega projects such as NEOM and Vision 2030 initiatives across the GCC region, supporting power transmission, 5G backhaul, FTTx expansion, and smart grid modernization.

Product overview

Saudi Cable Company operates as a cable manufacturer offering submarine cable solutions. The company is positioned within the broader GCC power cable market, which is projected to grow from USD 3.8 billion in 2025 to USD 6.5 billion by 2034. The company participates in regional energy transition initiatives and sustainability targets through its submarine cable offerings.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Cables Power cables for transmission and distribution networks supplied to electric utilities and infrastructure projects across the GCC region.
• Fiber Optic Cables Fiber optic cables supplied to telecom operators for 5G backhaul, FTTx broadband expansion, and direct burial deployment in the Middle East market.
• Submarine Cable Solutions Submarine cable solutions enabling coastal and maritime infrastructure applications, supporting regional energy transition and sustainability targets within the GCC power cable market.

Quantifiable outcome

• Saudi Arabia leads regional direct burial fiber optic cable market with 35-40% market share in Middle East market valued at USD 420-480 million in 2026

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Riyadh Cables Group: Saudi Arabia's other major power and specialty cable manufacturer, headquartered in Riyadh. Direct domestic rival for utility and mega-project cable supply.
• Prysmian Group: World's largest cable manufacturer with full portfolio spanning power, fiber optic, and submarine cables. Explicitly named alongside Saudi Cable in the GCC power cable market, making it the closest scale-and-product comparable.
• LS Cable & System: South Korea's largest cable manufacturer offering power, communication, and submarine cables globally. Comparable in product breadth and large-project execution model.
• Southwire Company: One of North America's largest wire and cable producers serving utility, industrial, and commercial markets with growing renewable/infrastructure exposure. Comparable product portfolio breadth.
• Furukawa Electric: Japanese maker of power and telecommunications cables, including notable submarine cable systems. Comparable manufacturing breadth and telecom-utility customer mix.
• Ducab: UAE-based manufacturer of power, special, and submarine cables with strong GCC market share. Headquartered regionally and serving the same utility and infrastructure customers as Saudi Cable.
• Nexans: Global cable and connectivity manufacturer with significant submarine cable business. Explicitly identified as a competing supplier in Saudi Cable's GCC market context.
• Sumitomo Electric Industries: Japanese manufacturer with leading positions in power cables, fiber optics, and submarine cable systems. Comparable across all three of Saudi Cable's product verticals.

Regional players

• Elsewedy Electric: Egyptian integrated cables and electrical equipment group with growing MENA footprint. Comparable across power cables, fiber, and infrastructure project execution.

Emerging players

• Polycab India: India's largest cable and wire manufacturer with rapidly expanding EHV and submarine cable ambitions. Comparable mid-cap cable manufacturer scaling into large infrastructure tenders.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/saudicableco

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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 Cable Company