Saudi Advanced Industries Company Overview
Pro stress-test →Saudi Advanced Industries Company is an industrial investment vehicle of the U.S. Peace Shield defense offset program formed in 1987, investing in technology companies in Saudi Arabia. The company operates through Petrochemical, Glass Industry, Industrial Services, Financial Services and Investments, and Other segments.
Strategic Profile
Pro stress-test →The company holds interests in AlSalam Aircraft Company and the Aircraft Accessories & Components Company, both in Saudi Arabia. SAIC has invested in several startup companies that yielded great profits and is growing its business.
Competitive Landscape
Pro stress-test →SAIC operates as a diversified industrial investor across petrochemical, glass, aircraft services, and financial services sectors within Saudi Arabia. Competition varies by segment, spanning from established petrochemical manufacturers to aviation services providers.
Industry Context
Saudi Advanced Industries Company operates in Industrial Investment & Diversified Manufacturing.
Key facts
Founded: 1988 · Headquarters: Riyadh, Saudi Arabia · Revenue: 180.15M SAR (2023) · Market cap: $1.03B (1.03B SAR)