Al-Ahsa Development Company was established by ministerial decree in October 1993 and registered as a joint venture in November 1993.
The main activity of the company in the establishment of industrial projects and own real estate, land, investment, health and education, tourism and agricultural facilities and the establishment of cold storage and transport fleets and gas stations, maintenance management and operating industrial and residential cities and contribute to the business in the scope of the company's business and the representation of commercial agencies.
The company was founded with a capital of 300 million Saudi riyals has been capital increase to three times through issuance of bonus shares which was the first increase in December 2005 to 343 million Saudi riyals second increase in June 2006 to 428.75 million Saudi riyals and the last increase was in December 2008 to 490 million Saudi riyals .
We aim to invest in development projects (industrial and service), both developed and operated with or contributing to other local companies or global, so as
The following:
To play an active role in promoting industrial development.
Al-Ahsa Development economically the establishment of industrial and service projects with a cost-effective investment worthwhile.
Take advantage of the natural resources in the region and exploit.
Encourage global import and marketing of products alternatives.
The establishment of new industries based on modern technology of ownership or cooperation with international companies.
The development of the company's assets and the establishment of projects to achieve attractive returns on investment.
Development of national cadres and trained to take responsibility.
Cooperation and coordination with the industrial activities in the Kingdom and the Gulf Cooperation Council.
Providing support services and investments for factories and companies that set up by Al-Ahsa Development.