Alujain Corp

Alujain Holding Corp. was formed in 1991 as a Saudi joint stock company in Riyadh, with a capital of SAR 692 million. The company’s principal activity includes developing and investing in major industrial projects in the petrochemicals, mining, metals and energy sectors in KSA, by taking advantage of the Kingdom's hydrocarbons and mineral resources. It manages its subsidiaries or participates in the management of other companies in which it owns shares and provides support to those companies. Furthermore, it invests its funds in shares and other securities, owns real property and movable assets necessary for its operations, provides loans, guarantees and financing to its subsidiaries. The company owns and utilizes industrial property rights, including patents, trademarks, franchises and other intangible rights, and leases the same to its subsidiaries or third parties. It carries out its activities as a holding company.