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In 2009, Mahabes was formed
with a paid-up capital of
SAR 5mn to provide solutions
Since its inception in (valves) for the oil & gas industry
the 1960s, MASCO In 1968, In 1984, MASCO was In the same year, Advanced
has evolved to become Company was incorporated as Energy was formed with a paid-
a fully diversified founded by a limited partnership up capital of SAR 5mn
construction company Mohammed Ali Al MASCO evolves and specializing in the construction of
with ten subsidiaries. Swailem as a becomes a fully high-voltage substations &
overhead transmission lines.
sole partnership
diversified construction
corporation company.
specialized in
road construction
• In 2010, Awtan was set-up with
a paid- up capital of SAR 0.1m to
In 2006, Systech was construct building projects.
Company becomes established with a paid- • In 2010, Opal was formed with a
one of the leading up capital of SAR 3.0mn paid- up capital of SAR 0.1m to
national companies to take on water-related provide support services for
participating in the projects. roads construction.
construction boom,
building a number In 2007, MASCO was
of major highways
& infrastructure converted into a closed
joint stock company with a
projects across
KSA. paid-up capital of SAR
100m.
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