Menu

On 05/04/2000, our company was established as a Saudi joint stock company. This was achieved by virtue of the Cabinet Order No. 169 dated 11/08/1419H. which supplied the merger of all Saudi electricity companies in the Central, Eastern, Western and Southern Regions in addition to the ten small companies operating in the north of the Kingdom as well as all other electricity operations managed by The General Electricity Corporation, into a single joint stock company which is now known as Saudi Electricity Company.

Ma’aden was formed by Royal decree in 1997 to facilitate the development of Saudi Arabia’s mineral resources and was originally wholly owned by the Saudi Government before 50% of its shares were floated on the Saudi Stock Exchange (Tadawul) in 2008. Initially Ma’aden activities focused on expanding its active gold business which now includes five mines over 11 million ouces of JORC compliant gold resources at operational and exploration sites.

SEPCO Environment has been established in 1997 to primarily provide clinical waste management solutions within the Kingdom of Saudi Arabia and has evolved through the years to provide waste management solutions for Hazardous Chemical, Pharmaceutical  and Municipal  Solid Wastes, as well as to provide Impact Assessment studies within the GCC/North Africa region.

The most prominent bank in Saudi Arabia, NCB provides the highest standards in Islamic banking, with a customer-focused approach that emphasizes service, quality convenience and innovation. Since its establishment, the bank has maintained its legal structure as General Partnership until it was converted into a Saudi closed Joint Stock Company in 1997 as a first step toward initial public offering.