Saudi Advanced Industries Company Company Description

Saudi Advanced Industries Company, through its subsidiary, operates in investment and financing sector in the Kingdom of Saudi Arabia.

It operates through Petrochemical, Glass Industry, Industrial Services, Financial Services and Investments, and Others segments.

The company is involved in the manufacturing of glass and multi-layer insulating glas; wholesale and retail trade for glass, raw materials for glass, and accessories; make and chop glass, coloring, and install glass; establishment and management of related mining quarries.

It also provides mortgage services to individuals and resell some derivatives to banks; geophysical and marine studies services for the exploration and development of hydrocarbons, minerals, and groundwater sources; seismic survey, ocean study, geodetic studies, and map preparation services; drilling services for oil and gas extraction; and self-propelled platform for oil well services.

In addition, the company offers pure tricalic acid and polyester ores; and aromatic or ring compounds including, paracillin and benzene.

Further, it engages in financial investment activities; provision of academic programs and scientific specializations for male and female students in various fields; and operates in health sector.

The company was incorporated in 1988 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.