Our Business
The Saudi Industrial Investment Group is proud to be one of the first privately owned petrochemical companies in Saudi Arabia. Its main goal is to invest in the petrochemical industry for a better future for the company and its shareholders. This is done by taking advantage of strategic partnerships with leading companies in this field, by making optimal use of the Kingdom’s natural resources, and by exploiting the competitive advantage available to the company.
The Saudi Industrial Investment Group Company was established under Resolution No. 291 of the Ministry of Commerce and Industry, dated 29 Jumada II 1416 AH (corresponding to November 23, 1995 AD). It is a Saudi public joint stock company headquartered in Riyadh, Kingdom of Saudi Arabia, with commercial registration No. 1010139946, dated 10 Shaban 1416 AH (corresponding to January 1). 1996 AD, with a capital upon its establishment of (550,000,000) Saudi riyals, divided into (55,000,000) ordinary shares with a nominal value of (10) Saudi riyals per share. The company’s capital has grown through capitalization of profits, priority rights subscriptions, and finally, after the group acquired the National Petrochemical Company (Petrochem), where the company’s capital has now become (754.8) million riyals after the General Assembly of both companies approved the acquisition on April 10—2022 AD.
Latest News
Saudi Industrial Investment Group announces the board of director’s decision to distribute cash dividends for distribution of cash dividends for the First half of 2024
Element List Explanation Introduction The Saudi Industrial Investment Group SIIG announces its board of director’s decision to distribute cash dividends to the shareholders of the Saudi Industrial Investment Group for the first half of 2024 Date of the board’s decision 2024-07-01 Corresponding to 1445-12-25 The Total amount distributed SAR 377,400,000 Number of Shares Eligible for […]
Saudi Industrial Investment Group Announces the Results of the Extraordinary General Assembly Meeting ( First Meeting )
Element List Explanation Introduction The Board of Directors of the Saudi Industrial Investment Group is pleased to announce the results of its Extraordinary General Assembly’s Meeting (first meeting), which was held online at 7:00 pm on Thursday, 8-11-1445 H (corresponding to 16-5-2024G. City and Location of the General Assembly’s Meeting The meeting was held Online […]
The Saudi Industrial Investment Group announces the appointment of the Chairman of its Board of Directors and Deputy Chairman of the Board, and the appointment of the company’s representatives to the Capital Market Authority, Saudi Stock Exchange, Securities Depository Center Company, and the appointment of the Secretary to the Board
Element List Explanation Announcement Detail Reference to SIIG Extraordinary General Assembly Meeting of the Company on 16/05/2024, corresponding to 8/11/1445, in which the Board of Directors of the Company was elected for the new session, beginning 17/5/2024, and ending on 16/5/2028, for a period of 4 years. SIIG Board, at its meeting, dated 18/5/2024, announces […]