The Saudi Industrial Investment Group (SIIG)


The Saudi Industrial Investment Group (SIIG)

  • Year company founded: 1996
  • Market capitalization: SAR 12.3 billion

The Saudi Industrial Investment Group (SIIG) is one of the first privately-owned petrochemical companies in Saudi Arabia.

The company’s goal is to invest in the industrial development of the Kingdom, especially in the petrochemical sector in a way that will provide a better future for its shareholders, end users, and Saudi Arabia as a whole. It aims to achieve this by harnessing strategic partnerships around the world and through the efficient use of the Kingdom’s natural resources and competitive advantage.

Throughout the years, SIIG has continued to successfully grow its investments by undertaking follow on share offerings on the Saudi Exchange multiple times, as well as creating and listing a separate joint stock company (Petrochem), all of which has enabled it to invest in the research and infrastructure needed to expand.

These best practices are strengthened by practical guidelines for creating plans, setting goals, making decisions, and coordinating and evaluating the work on every project. SIIG is seeking to build on this strong foundation and position itself at the forefront of market change, combining this approach with advanced systems and the problem-solving skills of its people.

Under the leadership of the chairman, H.E. Mr. Hamad Saud Al Sayari, SIIG maintains its momentum with a keen focus on cash flow, financial management, and the needs of its shareholders. It protects their rights, ensures transparency, and issues ongoing dividends.

The group strives to manage its business operations to ensure it has a positive impact on society. It supports sustainable, socially impactful, and ethical projects. And by empowering people to make change happen, it inspires them to commit and to give their best.

Investor composition

As of 2020, the percentage of SIIG shareholders was divided as follows:

Investor Relations (IR)

SIIG is dedicated to managing communication between the company’s corporate leadership and its investors. The company’s investor relations department helps support the release of relevant information, handles inquiries and meetings, provides feedback to management, and oversees crisis management.

The SIIG management team aligns with all standards and regulations to provide the necessary information to help investors make decisions.

SIIG develops world-class investment opportunities for its investors and the Kingdom of Saudi Arabia