SEDCO acts decisively and demonstrates resiliance to withstand Covid-19 and achieve positive results.
Three non-core investments are divested – Bank Maumalat, Tarfeeh and Ejada – in line with business strategy.
SEDCO assumes 100% control after acquiring the remaining 35% of shares and appointing new executive management.
The listed fund’s additional offering is oversubscribed by 332%, with the total number of investors exceeding 227,000.
The CMA approves Nahdi’s application to offer 30% of its share capital through initial public offering.
Major events in the city boost ELAF results as it formulates new strategy aligned to Saudi Vision 2030.
MoU signed with a new strategic partner to develop a mixed-use project in the southern Asir province.
SEDCO corporate functions and companies forge ahead with succession planning and digital transformation.
Red Sea Mall wins five awards at the Global Business Leader and MENA Retail Congress Awards.
Riyali Foundation established as a standalone entity, the first step in implementing its new five-year sustainability strategy.
SEDCO’s wellness program, Unbod, supports people by embracing a holistic approach to employee health.
Alshiaka and Nahdi strengthen online capabilities, part of SEDCO’s Group-wide digital transformation.
