Zamil Industrial Investment Co. ( ar, شركة الزامل للاستثمار الصناعي), better known as Zamil Industrial () is a publicly listed company based in Dammam,

Saudi Arabia Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the A ...

. Zamil Industrial is engaged in the development of various materials and equipment for use in the

construction Construction is a general term meaning the art and science to form Physical object, objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Pr ...

industry. Zamil Group Holding Company owns 60% of Zamil Industrial stocks, while the remaining share is owned by other Saudi Arabian and Gulf Investors. It is listed on the Saudi Stock Exchange (Tadawul). According to Forbes Middle East, Zamil Industrial was among the top 500 companies in the Arab world in 2014.

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 through importing and distributing air conditioners, eventually founding their company in 1974. In 1998, Zamil Industrial was formed as a joint-stock company by merging companies which were previously fully owned by their parent company, Zamil Group Holding Company. In 2002, Zamil Industrial Investment Co. became a public company and was listed on the Saudi Stock Exchange (Tadawul) under the symbol: 2240. Through mergers and acquisitions, Zamil Industrial has grown and expanded into many countries around the world.

Subsidiaries

Zamil Industrial Investment Co. owns the whole stake of the following companies, among other subsidiaries: * 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

External links

* {{Official website, http://www.zamilindustrial.com/ Manufacturing companies established in 1998 Companies listed on Tadawul Companies of Saudi Arabia Manufacturing companies of Saudi Arabia Companies based in Dammam Saudi Arabian companies established in 1998