logo ofthe General Organization for Social Insurance (GOSI)
Data issued by the General Organization for Social Insurance (GOSI) revealed that the total market value of its investments in Tadawul-listed companies by the end of 2023 reached SAR 238.2 billion, in companies in which it owns not less than 5%.
There are 79 listed companies in which GOSI invests in the local market by the end of 2023 and in which it owns not less than 5%.
The total market capitalization of its investments in traded shares of private portfolios, funds and local companies in which it owns less than 5% by the end of 2023 amounted to SAR 244.6 billion.
GOSI said that it relies on managing its investments on a strategic plan that ensures the distribution of assets in a way that enhances the growth and sustainability of investment returns in the long term, while adhering to acceptable levels of risk, through strategic and tactical decisions and strengthening cooperation across investment functions.
The following table shows GOSI’s investments in local listed companies in which it owns not less than 5% by the end of 2023:
GOSI’s Investments in Local Listed Companies in which it Owns not less than 5% by 2023-end
Company
Paid-in Capital (SAR mln)
Number of owned shares (mln)
Market capitalization (SAR mln)
Tawuniya
1500.0
61.1
7956.5
SAIB
10000.0
404.6
6445.8
SIIG
7548.0
239.9
5325.9
Alujain
692.0
18.5
744.9
Riyad Bank
30000.0
731.8
20864.3
Savola
5339.8
105.7
3953.9
Qassim Cement
900.0
17.8
1131.9
Budget Saudi
711.7
13.8
1084.7
Saudi Ceramics
800.0
15.4
423.9
Southern Cement
1400.0
26.9
1145.1
Banque Saudi Fransi
12053.6
230.1
9203.1
Al Rajhi Takaful
1000.0
14.4
1026.1
Yanbu Cement
1575.0
21.3
733.2
Aldrees
750.0
9.9
1759.8
SPIMACO
1200.0
15.7
590.7
Al Othaim
900.0
114.4
1505.9
Alinma Bank
20000.0
246.2
9534.4
Jabal Omar
11545.3
135.5
3034.5
Al Rajhi Bank
40000.0
468.7
40617.0
Advanced
2600.0
30.0
1178.9
Saudi Cement
1530.0
17.0
893.7
Herfy Foods
646.8
7.1
230.0
Bupa Arabia
1500.0
16.5
3528.5
Tasnee
6689.1
73.6
908.9
Bank AlJazira
8200.0
87.6
1637.9
Seera
3000.0
31.1
837.7
Mobily
7700.0
78.0
3834.3
Saudi Kayan
15000.0
150.6
1643.4
Riyadh Development
1777.8
17.3
363.6
Sipchem
7333.3
68.8
2343.7
Eastern Cement
860.0
7.2
275.2
Maharah
475.0
3.9
311.0
SADAFCO
325.0
2.6
864.6
Bank Albilad
10000.0
79.6
3591.5
SNB
60000.0
471.9
18256.1
SABIC AN
4760.4
37.3
5158.0
Alamar Foods
255.0
2.0
189.1
Jahez
104.9
16.3
430.9
Makkah Construction
1648.2
12.3
913.3
ANB
15000.0
108.3
2740.5
Jarir
1200.0
81.5
1271.4
Tadawul Group
1200.0
7.8
1452.4
Bahri
7382.8
46.2
1018.3
Yamama Cement
2025.0
12.7
434.0
Yansab
5625.0
32.8
1246.4
SAB
20547.9
116.1
4393.5
Armah
328.6
1.6
80.5
Al Hammadi
1600.0
7.9
469.3
Zain KSA
8987.3
44.0
619.5
MARAFIQ
2500.0
12.3
789.1
eXtra
800.0
3.9
351.6
CATRION
820.0
3.9
502.7
stc
50000.0
232.6
9401.4
Nahdi
1300.0
6.1
829.0
Maaden
36917.7
149.7
7267.5
Elm
800.0
3.2
2567.3
Arabian Drilling
890.0
3.4
649.1
Luberef
1687.5
6.1
876.4
Riyadh Cables
1500.0
5.3
490.3
Sulaiman Al Habib
3500.0
12.1
3430.6
Astra Industrial
800.0
2.8
367.0
Aldawaa
850.0
2.8
299.9
GASCO
750.0
2.5
168.8
Alkhorayef Water
250.0
0.8
159.8
Mouwasat
2000.0
6.6
736.0
SABIC
30000.0
92.0
7675.4
solutions
1200.0
3.6
1269.2
ADES
1129.1
33.6
807.2
Almarai
10000.0
25.6
1430.9
Lumi
550.0
1.4
138.9
Saudi Electricity
41665.9
94.4
1791.6
ACWA Power
7311.0
16.3
4197.5
Arabian Cement
1000.0
2.1
73.2
City Cement
1400.0
2.1
43.0
SAL
800.0
1.0
192.5
Petro Rabigh
16710.0
20.0
206.7
Jamjoom Pharma
700.0
0.4
51.0
Leejam
523.8
0.2
33.8
Saudi Aramco
90000.0
399.8
13199.1
Total
238194.2
GOSI’s investments in local non-traded companies amounted to about SAR 16.3 billion, through investing in 22 companies, as shown in the following table:
GOSI’s Investments in Local Non-Traded Companies by 2023-end
Company
Capital (SAR mln)
Number of owned shares
(mln shares)
Market capitalization (SAR mln)
Ownership (%)
Umm Al-Qura for Development Construction Co.
13078.6
346.0
3397.6
26.5%
Al Safwa Cement Co.
1162.5
58.1
475.6
50.0%
Industrialization Energy Services Company (TAQA)
7179.6
28.1
234.0
3.9%
Jubail United Petrochemical Company (United)
2495.6
0.6
4662.0
25.0%
RESAN Developments
730.0
70.4
111.6
96.4%
Al-Ruwais International Co. (under liquidation)
50.0
3.7
0.6
74.0%
Tasnee Sahara Olefins Co.
2830.0
19.8
563.0
7.0%
Mina Real Estate Co.
340.0
0.3
211.9
100.0%
Riyadh Holding Co.
1000.0
0.3
355.0
33.3%
Tawuniya Real Estate Investment Co.
100.0
10.0
136.2
100.0%
Arabian Industrial Fibers Company (Ibn Rushd)
2000.0
3.5
—
1.7%
Dar Al Tamleek Company
358.8
13.5
137.0
37.7%
National Tourism Co.
422.0
4.4
17.4
10.3%
Saudi Arabian Poultry Co.
140.0
0.0
57.0
20.0%
Taif Investment Tourism Co.
110.0
0.3
3.1
2.3%
Saudi Medical Care Group
2093.6
2.1
3027.0
100.0%
Maaref Holding Co.
1.0
0.1
2600.0
100.0%
Saudi Emaar Entertainment Ltd
10.0
0.4
41.4
40.0%
Tadawul Real Estate Co.
1280.0
0.4
303.7
33.4%
Hayat Company
1.0
0.0
15.2
30.0%
IWAN Developments (under liquidation)
400.0
5.0
—
12.5%
Asmaa Capital (BHD)
0.4
0.1
0.8
20.0%
Total
16349.3
logo ofthe General Organization for Social Insurance (GOSI)
Data issued by the General Organization for Social Insurance (GOSI) revealed that the total market value of its investments in Tadawul-listed companies by the end of 2023 reached SAR 238.2 billion, in companies in which it owns not less than 5%.
There are 79 listed companies in which GOSI invests in the local market by the end of 2023 and in which it owns not less than 5%.
The total market capitalization of its investments in traded shares of private portfolios, funds and local companies in which it owns less than 5% by the end of 2023 amounted to SAR 244.6 billion.
GOSI said that it relies on managing its investments on a strategic plan that ensures the distribution of assets in a way that enhances the growth and sustainability of investment returns in the long term, while adhering to acceptable levels of risk, through strategic and tactical decisions and strengthening cooperation across investment functions.
The following table shows GOSI’s investments in local listed companies in which it owns not less than 5% by the end of 2023:
GOSI’s Investments in Local Listed Companies in which it Owns not less than 5% by 2023-end
Company
Paid-in Capital (SAR mln)
Number of owned shares (mln)
Market capitalization (SAR mln)
Tawuniya
1500.0
61.1
7956.5
SAIB
10000.0
404.6
6445.8
SIIG
7548.0
239.9
5325.9
Alujain
692.0
18.5
744.9
Riyad Bank
30000.0
731.8
20864.3
Savola
5339.8
105.7
3953.9
Qassim Cement
900.0
17.8
1131.9
Budget Saudi
711.7
13.8
1084.7
Saudi Ceramics
800.0
15.4
423.9
Southern Cement
1400.0
26.9
1145.1
Banque Saudi Fransi
12053.6
230.1
9203.1
Al Rajhi Takaful
1000.0
14.4
1026.1
Yanbu Cement
1575.0
21.3
733.2
Aldrees
750.0
9.9
1759.8
SPIMACO
1200.0
15.7
590.7
Al Othaim
900.0
114.4
1505.9
Alinma Bank
20000.0
246.2
9534.4
Jabal Omar
11545.3
135.5
3034.5
Al Rajhi Bank
40000.0
468.7
40617.0
Advanced
2600.0
30.0
1178.9
Saudi Cement
1530.0
17.0
893.7
Herfy Foods
646.8
7.1
230.0
Bupa Arabia
1500.0
16.5
3528.5
Tasnee
6689.1
73.6
908.9
Bank AlJazira
8200.0
87.6
1637.9
Seera
3000.0
31.1
837.7
Mobily
7700.0
78.0
3834.3
Saudi Kayan
15000.0
150.6
1643.4
Riyadh Development
1777.8
17.3
363.6
Sipchem
7333.3
68.8
2343.7
Eastern Cement
860.0
7.2
275.2
Maharah
475.0
3.9
311.0
SADAFCO
325.0
2.6
864.6
Bank Albilad
10000.0
79.6
3591.5
SNB
60000.0
471.9
18256.1
SABIC AN
4760.4
37.3
5158.0
Alamar Foods
255.0
2.0
189.1
Jahez
104.9
16.3
430.9
Makkah Construction
1648.2
12.3
913.3
ANB
15000.0
108.3
2740.5
Jarir
1200.0
81.5
1271.4
Tadawul Group
1200.0
7.8
1452.4
Bahri
7382.8
46.2
1018.3
Yamama Cement
2025.0
12.7
434.0
Yansab
5625.0
32.8
1246.4
SAB
20547.9
116.1
4393.5
Armah
328.6
1.6
80.5
Al Hammadi
1600.0
7.9
469.3
Zain KSA
8987.3
44.0
619.5
MARAFIQ
2500.0
12.3
789.1
eXtra
800.0
3.9
351.6
CATRION
820.0
3.9
502.7
stc
50000.0
232.6
9401.4
Nahdi
1300.0
6.1
829.0
Maaden
36917.7
149.7
7267.5
Elm
800.0
3.2
2567.3
Arabian Drilling
890.0
3.4
649.1
Luberef
1687.5
6.1
876.4
Riyadh Cables
1500.0
5.3
490.3
Sulaiman Al Habib
3500.0
12.1
3430.6
Astra Industrial
800.0
2.8
367.0
Aldawaa
850.0
2.8
299.9
GASCO
750.0
2.5
168.8
Alkhorayef Water
250.0
0.8
159.8
Mouwasat
2000.0
6.6
736.0
SABIC
30000.0
92.0
7675.4
solutions
1200.0
3.6
1269.2
ADES
1129.1
33.6
807.2
Almarai
10000.0
25.6
1430.9
Lumi
550.0
1.4
138.9
Saudi Electricity
41665.9
94.4
1791.6
ACWA Power
7311.0
16.3
4197.5
Arabian Cement
1000.0
2.1
73.2
City Cement
1400.0
2.1
43.0
SAL
800.0
1.0
192.5
Petro Rabigh
16710.0
20.0
206.7
Jamjoom Pharma
700.0
0.4
51.0
Leejam
523.8
0.2
33.8
Saudi Aramco
90000.0
399.8
13199.1
Total
238194.2
GOSI’s investments in local non-traded companies amounted to about SAR 16.3 billion, through investing in 22 companies, as shown in the following table:
GOSI’s Investments in Local Non-Traded Companies by 2023-end
Company
Capital (SAR mln)
Number of owned shares
(mln shares)
Market capitalization (SAR mln)
Ownership (%)
Umm Al-Qura for Development Construction Co.
13078.6
346.0
3397.6
26.5%
Al Safwa Cement Co.
1162.5
58.1
475.6
50.0%
Industrialization Energy Services Company (TAQA)
7179.6
28.1
234.0
3.9%
Jubail United Petrochemical Company (United)
2495.6
0.6
4662.0
25.0%
RESAN Developments
730.0
70.4
111.6
96.4%
Al-Ruwais International Co. (under liquidation)
50.0
3.7
0.6
74.0%
Tasnee Sahara Olefins Co.
2830.0
19.8
563.0
7.0%
Mina Real Estate Co.
340.0
0.3
211.9
100.0%
Riyadh Holding Co.
1000.0
0.3
355.0
33.3%
Tawuniya Real Estate Investment Co.
100.0
10.0
136.2
100.0%
Arabian Industrial Fibers Company (Ibn Rushd)
2000.0
3.5
—
1.7%
Dar Al Tamleek Company
358.8
13.5
137.0
37.7%
National Tourism Co.
422.0
4.4
17.4
10.3%
Saudi Arabian Poultry Co.
140.0
0.0
57.0
20.0%
Taif Investment Tourism Co.
110.0
0.3
3.1
2.3%
Saudi Medical Care Group
2093.6
2.1
3027.0
100.0%
Maaref Holding Co.
1.0
0.1
2600.0
100.0%
Saudi Emaar Entertainment Ltd
10.0
0.4
41.4
40.0%
Tadawul Real Estate Co.
1280.0
0.4
303.7
33.4%
Hayat Company
1.0
0.0
15.2
30.0%
IWAN Developments (under liquidation)
400.0
5.0
—
12.5%
Asmaa Capital (BHD)
0.4
0.1
0.8
20.0%
Total
16349.3

