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The Garage Project is a joint collaboration between the Ministry of Communications and Information Technology , King Abdulaziz City for Science and Technology (KACST) , and The Saudi Federation for Cybersecurity , Programming, and Drones. The project strives to achieve growth and sustainability for entrepreneurial companies, and it seeks to become an inspiration and incubator for projects and ideas. Naming of the Garage Project The project's name is inspired from the humble origin stories ...
Saudi Information Exchange Company (Tabadul) is wholly owned by Elm . It works to promote trade and the movement of imports and exports, facilitating commercial transactions by connecting stakeholders and improving communication. Additionally, it provides electronic solutions that enable the effective exchange of information, goods, and services across the government and business sectors. Its headquarters are located in the capital, Riyadh . Establishment of the Saudi Information Exchange Com...
Elm Company , a closed joint-stock company listed on the Saudi Exchange 'Tadawul,' is owned by the Public Investment Fund. It focuses on technology in the Kingdom of Saudi Arabia, providing its electronic services to all segments of society. Elm works on building digital solutions and offering supportive consulting services in digital and related business fields. Its operations have expanded through partnerships, acquisitions, and entry into new markets, in addition to fostering and s...
The Saudi Investment Recycling Company (SIRC) is a Saudi company wholly owned by the Public Investment Fund. It works to develop and operate various activities in the field of recycling and create opportunities in the private sector, thereby achieving the goals of Saudi Vision 2030. Establishment It was established in 2017 with the aim of developing various activities to manage different types of waste and funding those activities to build recycling capabilities, create a circular economy, and ...
The Saudi Arabian Industrial Investments Company (Dussur) is a Saudi joint-stock company owned by the Public Investment Fund, Saudi Aramco, and Saudi Basic Industries Company (SABIC). It aims to transform national resources into sustainable wealth. It is based in the capital, Riyadh. Establishment The Saudi Arabian Industrial Investments Company was established by a Royal Decree in 2014, with a capital of SAR3.3 billion, by three entities: The Public Investment Fund holds 50 percent of the comp...
The National Security Services Company (SAFE) is a national security services company in the Kingdom of Saudi Arabia and one of the Public Investment Fund companies operating in the security guard and private security services sector in the Kingdom. Its headquarters is located in the capital, Riyadh, and was launched in 2020. SAFE goals SAFE aims to develop the private security services and guards sector, which is one of the Kingdom's promising sectors , in line with the Public Investment ...
The Saudi Real Estate Refinance Company (SRC) is a leading government-owned company in the housing sector, owned by the Public Investment Fund (PIF) in the Kingdom of Saudi Arabia . It is licensed by the Saudi Arabian Monetary Authority (SAMA) to engage in real estate refinancing activities. SRC's headquarters are in Riyadh , and the Minister of Municipal and Rural Affairs and Housing chairs its Board of Directors. Establishment of the Saudi Real Estate Refinance Company The company was es...
The Saudi Agricultural and Livestock Investment Company (SALIC) is a Saudi joint stock company wholly owned by the Public Investment Fund . It seeks to achieve the Food Security Strategy by securing food products and stabilizing their prices through the establishment of subsidiaries. SALIC achieves this goal on its own or via national, regional and international partnerships. It is headquartered in the capital, Riyadh . SALIC establishment SALIC was established in 2009, and began its investment...
Savola Group is a Saudi joint stock company listed on the Saudi Stock Exchange 'Saudi Tadawul'. It was founded in 1979, starting as a small company with a capital of SAR40 million and around two hundred employees. It imported and refined vegetable oils before selling them in the local market. It later became a leading group in the food and retail sectors in the Middle East and North Africa region. It was listed on the ' Saudi Tadawul' on December 1, 1991, and its shares are ...
ACWA Power Company, a Saudi joint-stock company listed on the Saudi Stock Exchange 'Saudi Tadawul', was founded on July 5, 2008. Headquartered in the capital, Riyadh , it is a developer, investor, and operator of a portfolio of power generation and water desalination plants. It was listed on 'Saudi Tadawul' on October 11, 2021, and its shares are traded on the main market within the public utilities sector under the name 'ACWA Power', symbol '2082', and ...
New Murabba Development Company is a real estate development firm owned by the Saudi Public Investment Fund. It was established in 2023 to develop the world's largest modern downtown in Riyadh City. Objectives of the New Murabba Development Company New Murabba Development Company was launched with the aim of developing real estate and local infrastructure projects, diversifying sources of local economic income, empowering the private sector, and increasing the volume of local content. It a...
Boutique Group is a hospitality company owned by the public investment Fund (PIF) . His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Deputy Prime Minister, Chairman of the Council for Economic and Development Affairs, and Chairman of the Public Investment Fund (PIF) announced its launch on 20 January 2022. Responsibilities of Boutique Group Boutique Group renovates historical and cultural palaces and converts them into properties that deliver a rich experience ...
