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According to reports, Saudi Arabian construction solutions provider SENAAT (formerly Zamil Industrial) plans to list three of its subsidiaries on the Tadawul stock exchange in Riyadh. 27RK090 oriented electrical steel, These subsidiaries are involved in insulation materials, steel, and air conditioning businesses. Currently, Saudi Arabia remains SENAAT's core market, accounting for approximately 70% of the company's revenue, with the remaining 30% coming from overseas operations.
Industry experts say that although the plan is still in its early stages and its impact on the market is limited, a successful listing would help attract more investment and enhance the competitiveness and transparency of the Saudi steel industry. 27RK090 oriented electrical steel, Others suggest that due to the relatively small scale of SENAAT's steel business, its direct impact on the overall economy or industry will be limited.
Furthermore, SENAAT officially completed its rebranding from "Zamil Industrial Investment Co" to "SENAAT" in early October. 27RK090 oriented electrical steel, Currently headquartered in Dammam Industrial City, SENAAT operates in over 50 countries worldwide, covering four main sectors: steel structure manufacturing, air conditioning, insulation materials, and construction. The company's sales for the first half of 2025 are projected to be approximately 3 billion Saudi Riyals (approximately US$800 million).
