Zamil Industrial
Appearance
Building insulation materials, and Solar power projects | |
Revenue | SAR 3,926,186,000 (2022) |
---|---|
Total assets | SAR 5,903,471,000 (2022) |
Number of employees | 9,000+ (2023) |
Zamil Industrial Investment Co. (
Saudi Stock Exchange (Tadawul). According to Forbes Middle East, Zamil Industrial was among the top 500 companies in the Arab world in 2014.[4]
History
Originally founded as a small-size trading and real estate business by the late Sheikh Abdullah Al Hamad Al Zamil (1897-1961) in the 1930s, his sons expanded the business in the 1970s by importing and distributing air conditioners, eventually founding their company in 1974.[5]
In 1998, Zamil Industrial was formed as a joint-stock company by merging companies that were previously fully owned by their parent company, Zamil Group Holding Company.
Subsidiaries
Zamil Industrial Investment Co. owns the whole stake of the following companies, among other subsidiaries:[10]
- Zamil Steel Pre-Engineered Buildings Company - Saudi Arabia
- Zamil Air Conditioners Holding Company - Saudi Arabia
- Arabian Stonewool Insulation Company - Saudi Arabia
- Zamil Industrial Investment Company - UAE
- Zamil Steel Buildings Company - Egypt
- Zamil Steel Buildings (Shanghai) Company - China
- Zamil Steel Buildings India Private Ltd. - India
References
- ^ "2240 - Zamil Industrial Investment Co". Archived from the original on February 1, 2014.
- ^ "Zamil Industrial Investment Co - Company Profile and News". Bloomberg. Retrieved 2021-11-04.
- Zawya. Retrieved 2021-11-04.
- ^ "Top 500 Companies In the Arab World 2014". Forbes Middle East. Archived from the original on 2020-06-09. Retrieved 2021-11-04.
- ^ ""مكيفات الزامل" تطلق أول منتجاتها في السوق اليمنية". Argaam (in Arabic). Retrieved 2021-11-04.
- ^ Zamil Industrial Investment Company, Arabian Business. Retrieved 2021-11-04
- ^ "History". Zamil Industrial. Retrieved 2021-11-04.
- )
- ^ "Saudi company's growth mirrors kingdom's history". Financial Times. 2013-06-24. Retrieved 2021-11-04.
- ^ "Investments and Subsidiaries". Zamil Industrial. Retrieved 2021-11-04.