Al-Ahsa Development Co. Information

Al-Ahsa Development Company is responsible for the development of industrial projects, ownership and investment of real estate, construction of cold stores, transportation fleets, fuel stations, maintenance work, and management of and operation of industrial, commercial, and residential zones. The company was founded with a capital of S.R. 300 million and has been increased three times by granting bonus shares, where the first increase was in December 2005 to S.R. 343 million and the second increase in June 2006 to S.R. 428.75 million and the last increase was in December 2008 to S.R. 490 million. Vision We seek to achieve a distinctive contribution on our investments to enhance our society and raise the standard of living for individuals through innovative culture in our employees and partners via a clear strategy that aims to work with high standards and continues to achieve profitable growth and shareholder satisfaction. Mission Al-Ahsa Development practices its activities in order to achieve appropriate profits that reflect a direct positive impact on shareholders'​ equity through responding quickly and effectively with the available investment opportunities.