The National Metal Manufacturing and Casting Company (Maadaniyah) is a Saudi joint-stock company listed on the Saudi Stock Exchange "Saudi Tadawul". It is headquartered in the capital, Riyadh. The developer of the company is the National Industrialization Company (Tasnee), which is one of the largest shareholders in Maadaniyah. Its activity is focused on the industrial sector.
Its shares are traded on the main platform of the Saudi Stock Exchange under the name "Maadaniyah" within the basic materials sector, with the symbol (2220) and International Securities Identification Number (ISIN) (SA0007879394). As of November 25, 2021, the company's capital is SAR354 million.
History of the National Metal Manufacturing and Casting Company
The National Metal Manufacturing and Casting Company was established by Ministerial Decision No. (602/S) on June 17, 1990. It was registered as a Saudi joint-stock company under Commercial Registration No. (2055002251) on December 3, 1990. The company is fully privately owned.
National Metal Manufacturing and Casting Company activity
The National Metal Manufacturing and Casting Company is an industrial company engaged in the production and marketing of wire drawing products and fasteners, the manufacturing of trailer and truck axles and spare parts, and various metal castings. The company also trades in similar products. Maadaniyah owns three factories: The wire drawing and products factory in Jubail Industrial City, the axles and spare parts factory in Dammam Industrial City, and the foundry factory in Dammam Industrial City.
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