AI Summary
Saudi Arabia’s General Organization for Social Insurance (GOSI) holds over SAR 102 billion worth of stocks in the domestic market, the organization said in its annual report for 2017.
GOSI has shares in various local companies and banks, in order to diversify the investment portfolio and raise returns to meet its increasing obligations towards beneficiaries.
The organization has also invested over SAR 6 billion in 17 wholly owned real estate projects as at the end of 2017. These include residential and commercial complexes and large investment projects distributed among the main regions in the Kingdom, in addition to several other projects currently underway.
|
Market Value of GOSI’s Investments |
||
|
Sector |
Market Value (SAR bln) |
Percent to total (%) |
|
Banks |
49.67 |
48.3% |
|
Basic Materials |
30.91 |
30.1% |
|
Telecom |
10.96 |
10.7% |
|
Real Estate Management |
4.96 |
4.8% |
|
Insurance |
2.70 |
2.6% |
|
Food Production |
2.16 |
2.1% |
|
Healthcare |
0.69 |
0.7% |
|
Food Retail |
0.35 |
0.3% |
|
Capital Goods |
0.22 |
0.2% |
|
Consumer Services |
0.12 |
0.1% |
|
Total |
102.74 |
100.0% |
|
GOSI’s Investments in Saudi Listed Companies (>5% stake) |
||||
|
Sector |
Company |
Number of shares |
Stake (%) |
|
|
Basic Materials |
1 |
Petrochem |
78.00 |
16.25% |
|
2 |
SABIC |
171.04 |
5.70% |
|
|
3 |
SAFCO |
51.00 |
12.24% |
|
|
4 |
Tasnee |
58.15 |
8.69% |
|
|
5 |
SIIG |
26.11 |
5.80% |
|
|
6 |
Yansab |
67.21 |
11.95% |
|
|
7 |
Advanced |
12.55 |
6.38% |
|
|
8 |
Saudi Cement |
8.00 |
5.23% |
|
|
9 |
Qassim Cement |
13.58 |
15.09% |
|
|
10 |
Southern Cement |
22.15 |
15.82% |
|
|
11 |
Yanbu Cement |
19.49 |
12.38% |
|
|
Capital Goods |
12 |
Saudi Ceramic |
8.10 |
16.20% |
|
Consumer Services |
13 |
Dur |
6.54 |
6.54% |
|
Food Retailing |
14 |
Al Othaim |
2.87 |
6.37% |
|
Food Production |
15 |
Savola |
54.80 |
10.26% |
|
Healthcare |
16 |
Care |
15.75 |
35.12% |
|
Banks |
17 |
Riyad |
501.76 |
16.73% |
|
18 |
SAIB |
129.49 |
17.26% |
|
|
19 |
Alawwal |
120.12 |
10.51% |
|
|
20 |
BSF |
160.20 |
13.29% |
|
|
21 |
SABB |
146.13 |
9.74% |
|
|
22 |
ANB |
112.81 |
11.28% |
|
|
23 |
Samba |
235.36 |
11.77% |
|
|
24 |
Al Rajhi |
165.67 |
10.19% |
|
|
25 |
Alinma |
76.50 |
5.10% |
|
|
26 |
NCB |
200.00 |
10.00% |
|
|
Insurance |
27 |
Tawuniya |
28.55 |
22.84% |
|
Telecom |
28 |
STC |
140.00 |
7.00% |
|
29 |
Mobily |
91.32 |
11.86% |
|
|
Real Estate Management |
30 |
Jabal Omar |
83.92 |
9.03% |
|
GOSI’s Investment in other Saudi Companies |
|||
|
Company |
Number of shares owned (mln shares) |
Stake (%) |
Cost (SAR mln) |
|
Umm Al Qura for Development and Construction |
193.40 |
21.80% |
1,934.00 |
|
Al Safwa Cement |
29.06 |
25.00% |
290.63 |
|
Taqa |
28.12 |
5.62% |
281.25 |
|
Jubail United Petrochemical |
0.25 |
10.00% |
256.79 |
|
Raysan Al Arabiya |
22.65 |
16.39% |
226.50 |
|
Tasnee & Sahara Olefins |
19.81 |
7.00% |
198.10 |
|
Mina Real Estate |
0.17 |
50.00% |
170.00 |
|
Riyadh Holding |
0.17 |
16.67% |
166.67 |
|
Tawuniya Real Estate |
12.00 |
50.00% |
166.37 |
|
Ibn Rushd |
155.66 |
1.73% |
155.66 |
|
NATPET |
130.44 |
12.19% |
130.44 |
|
Dar Al Tamleek |
50.00 |
9.83% |
50.00 |
|
International Diol |
41.25 |
9.57% |
41.25 |
|
National Co. For Tourism |
31.50 |
7.46% |
31.50 |
|
Ceramic Pipes |
20.14 |
9.78% |
20.14 |
|
Makkah Medical Center |
15.00 |
9.87% |
15.00 |
|
Arab Saudi Co. for Poultry Production |
14.00 |
10.00% |
14.00 |
|
Tatweer |
5.00 |
5.00% |
5.00 |
|
ARAC |
4.90 |
0.98% |
4.90 |
|
Taif Investment & Tourism |
2.50 |
2.27% |
2.50 |
|
Saudi Lime Industries |
2.36 |
4.06% |
2.36 |
|
Total |
4,163.06 |
||
|
GOSI’s Completed Projects |
||||
|
|
Project |
Location |
Total Cost (SAR mln) |
Annual rent (SAR mln) |
|
1 |
Investment Building (1) rented to Riyad Bank |
Riyadh |
126.8 |
5.2 |
|
2 |
Investment Complex (2) Individually rented |
Riyadh |
125.6 |
6.6 |
|
3 |
Investment Complex (3) rented to ministry of defense |
Riyadh |
230.0 |
8.3 |
|
4 |
Al Olaya Towers |
Riyadh |
891.0 |
68.1 |
|
5 |
Investment Building (5) rented to SAIB |
Riyadh |
78.5 |
7.2 |
|
6 |
Building next to Investment Building (5) |
Riyadh |
28.5 |
Included in investment building (5) contract |
|
7 |
Residential complex in Al Sefarat (1) |
Riyadh |
220.0 |
21.0 |
|
8 |
Residential complex in Al Sefarat (2) |
Riyadh |
306.0 |
34.0 |
|
9 |
Granada Shopping Center |
Riyadh |
471.0 |
-- |
|
10 |
Granada Park |
Riyadh |
1630.0 |
138.3 |
|
11 |
Residential complex (1) |
Al Jubail |
166.0 |
13.8 |
|
12 |
Investment Building (1) |
Medina |
298.9 |
30.0 |
|
13 |
Investment Building (2) |
Medina |
232.0 |
24.6 |
|
14 |
Investment Building (3) |
Medina |
80.0 |
15.0 |
|
15 |
Investment, Resedintial Building (1) |
Yanbu Industrial City |
175.0 |
19.7 |
|
16 |
Investment Building (11) |
Medina |
5.0 |
0.4 |
|
17 |
Al Waha Houses |
Al Jubail Industrial City |
1,033.0 |
65.5 |
|
GOSI’s Projects Under Construction |
||||
|
Project |
Location |
Project details |
Total Cost (SAR mln) |
Implementation period |
|
Hilton Hotel & Residences |
Riyadh |
Consists of a 20 floors hotel tower, a 14 floors hotel apartments tower, a large ceremony hall, business center, conference room, entertainment utilities and specialized restaurants and cafes on a total area of 37,500 SQM |
1,880 |
915 days |
|
Al Rimal Neighborhood |
Eastern Riyadh |
Consists of 91 residential buildings, 428 villas and a hotel apartments building on a total area of 601,400 SQM |
1,580 |
28 months |
|
Granada Shopping Center Expansions |
Riyadh |
Consists of 3 floors connected to the center on a total area of 74,700 SQM |
336.2 |
700 days |
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