A.A. Turki Group
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A.A. Turki Group
The A. A. Turki Group of Companies (ATCO) is a Saudi Arabian conglomerate company that operate in diverse industries. The group is made up of several stand alone units. The group covers areas such as automation and control, commercial trading and services, port management and marine services, civil and electromechanical construction, retail services, waste management, chemical cleaning, industrial services, manufacturing, transportation and logistics management, oil and gas products and services, catering and food services, turnkey dewatering systems, and environmental services. History It was founded in the mid-1950s and has been operating in Saudi Arabia's governmental, industrial, and consumer sectors. It was founded by Sheikh Abdul Rahman Al-Turki. Structure The group is divided into several smaller companies. These include: * ATCO Commercial: provides services in the energy sector. Its customers include Saudi Aramco, SABIC and Saudi Electricity Company. * ATCO Con ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Saudi Arabian National Guard
The Saudi Arabian National Guard or SANG ( ar, الحَرَس الوَطنيّ, al-Ḥaras al-Waṭanī), also known as the "White Army", is one of the three major branches of the military forces of the Kingdom of Saudi Arabia. The national guard is under the administrative control of the Ministry of the National Guard, instead of the Ministry of Defence. It differs from the regular Saudi army in being forged out of tribal elements loyal to the House of Saud and tasked with protecting the royal family from internal dangers such as a coup d'état. Organisation and roles The Saudi Arabian National Guard has a standing force of 125,000 troops and a tribal militia of some 28,000 Fouj (tribal levies). It serves both as a defence force against external attack and as an Internal security force. Its duties include protecting the House of Saud, guarding against military coups, guarding strategic facilities and resources, and providing security for the cities of Mecca and Medina. It re ...
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Conglomerate Companies Established In 1950
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge Conglomerate Ridge () is a ridge, long, located east-southeast of Mount Bursik in the Soholt Peaks, Heritage Range, Ellsworth Mountains of Antarctica. The ridge trends northwest–southeast and rises to about . It was so named from the conglom ..., in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) {{disambiguation ...
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1950 Establishments In Saudi Arabia
Year 195 (Roman numerals, CXCV) was a common year starting on Wednesday (link will display the full calendar) of the Julian calendar. At the time, it was known as the Year of the Consulship of Scrapula and Clemens (or, less frequently, year 948 ''Ab urbe condita''). The denomination 195 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Emperor Septimius Severus has the Roman Senate deify the previous emperor Commodus, in an attempt to gain favor with the family of Marcus Aurelius. * King Vologases V of Parthia, Vologases V and other eastern princes support the claims of Pescennius Niger. The Roman province of Mesopotamia (Roman province), Mesopotamia rises in revolt with Parthian support. Severus marches to Mesopotamia to battle the Parthians. * The Roman province of Syria is divided and the role of Antioch is diminished. The Romans annexed t ...
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Alstom
Alstom SA is a French multinational rolling stock manufacturer operating worldwide in rail transport markets, active in the fields of passenger transportation, signalling, and locomotives, with products including the AGV, TGV, Eurostar, Avelia and New Pendolino high-speed trains, in addition to suburban, regional and metro trains, and Citadis trams. Alsthom (originally Als-Thom) was formed by a merger between Compagnie Française Thomson-Houston and the electric engineering division of Société Alsacienne de Constructions Mécaniques in 1928. Significant later acquisitions included the Constructions Electriques de France (1932), shipbuilder Chantiers de l'Atlantique (1976), and parts of ACEC (Belgium, late-1980s). A merger with parts of the General Electric Company (UK) formed GEC Alsthom in 1989. Throughout the 1990s, the company expanded its holdings in the rail sector, via the acquisition of German rolling stock manufacturer Linke-Hofmann-Busch and Italian rail signall ...
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Schneider Electric
Schneider Electric SE is a French multinational company that specializes in digital automation and energy management. It addresses homes, buildings, data centers, infrastructure and industries, by combining energy technologies, real-time automation, software, and services. Schneider Electric is a Fortune Global 500 company, publicly traded on the Euronext Exchange, and is a component of the Euro Stoxx 50 stock market index. In FY2020, the company posted revenues of €25.2 billion. Schneider Electric is the parent company of Square D, APC, and others. It is also a research company. Head office Schneider Electric has had its head office in Rueil-Malmaison, France since 2000. This headquarters previously housed Schneider subsidiary Télémécanique while the parent company occupied a site in Boulogne-Billancourt. The company uses an international operations model wherein its key personnel and large numbers of its staff are spread across main offices in Reuil-Malmaison, Hong ...
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Honeywell
Honeywell International Inc. is an American publicly traded, multinational conglomerate corporation headquartered in Charlotte, North Carolina. It primarily operates in four areas of business: aerospace, building technologies, performance materials and technologies (PMT), and safety and productivity solutions (SPS). Honeywell is a Fortune 100 company, ranked 94th in 2021. In 2021 the corporation had a global workforce of approximately 99,000 employees, down from 113,000 in 2019. The current chairman and chief executive officer (CEO) is Darius Adamczyk. The corporation's current name, Honeywell International Inc., is a product of the merger of Honeywell Inc. and AlliedSignal in 1999. The corporation headquarters were consolidated with AlliedSignal's headquarters in Morristown, New Jersey; however, the combined company chose the name "Honeywell" because of the considerable brand recognition. Honeywell was a component of the Dow Jones Industrial Average index from 1999 to 200 ...
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GE Oil And Gas
GE Oil & Gas was the division of General Electric that owned its investments in the petroleum industry. In July 2017, this division was merged with Baker Hughes. The division supplied equipment for the petroleum industry including drilling, subsea and offshore, onshore, LNG, distributed gas, oil pipeline and oil storage, oil refinery and petrochemical. GE Oil & Gas also designed and manufactured surface and subsea drilling and production systems, equipment for floating production platforms, gas compressors, gas turbines, turboexpanders, high pressure reactors, industrial electricity generation. GE Oil & Gas also provided pipeline integrity solutions, sensor-based measurement, inspection, and condition monitoring, controls and radiation measurement solutions. In 2016, GE Oil & Gas employed approximately 37,000 people, serving customers in over 140 countries. The division was part of the GE Power (formerly GE Energy) division of General Electric. History Formation ...
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Saudi Binladin Group
Saudi Binladin Group (SBG) is a Saudi construction company headquartered in Jeddah, Hejaz. It is the largest construction company of the Middle East. The company is owned primarily by the Bin Laden family. Founded by Muhammad Binladin in 1931, the company signed a US$1.23 billion contractual agreement to construct the tallest building in the world, Jeddah Tower in Jeddah in 2011. They are also party to a US$3.4 billion agreement to construct the Doha Metro located in Doha. The conglomerate comprises an estimated 537 companies. The group's founder was Muhammad Binladin, the father of Osama bin Laden. History The Saudi Binladin Group was founded by Muhammad Binladin, an impoverished laborer from Yemen. Prior to the First World War, Binladin and his family emigrated to the coastal plain of Tihama in Arabia and eventually worked as a porter in Jeddah. In 1931, Binladin started his own construction company and soon gained the attention of Saudi Arabia's king and founder Ibn Saud. Th ...
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Transport
Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, and space. The field can be divided into infrastructure, vehicles, and operations. Transport enables human trade, which is essential for the development of civilizations. Transport infrastructure consists of both fixed installations, including roads, railways, airways, waterways, canals, and pipelines, and terminals such as airports, railway stations, bus stations, warehouses, trucking terminals, refueling depots (including fueling docks and fuel stations), and seaports. Terminals may be used both for interchange of passengers and cargo and for maintenance. Means of transport are any of the different kinds of transport facilities used to carry people or cargo. They may include vehicles, riding animals, and pack animals. Vehicles may incl ...
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Saudi Electricity Company
Saudi Electricity Company ( ar, الشركة السعودية للكهرباء; SEC) is the Saudi electric energy company. It enjoys a monopoly on the generation, transmission and distribution of electric power in Saudi Arabia through 45 power generation plants in the country. In 2019 SEC was ranked by Forbes as the 5th largest company in the Kingdom, and the 578 worldwide, with total annual sales of $17.1 billion . The company was formed in 2000 by Order of the Council of Ministers through a merger of existing regional electricity companies in the Central, Eastern, Western and Southern regions into a single joint stock company. In 2009, the Electricity and Co-generation Regulatory Authority (ECRA) announced its intention to split the company into four generation companies and separate transmission and distribution companies to encourage competition in the domestic utilities sector. A transmission company – National Grid SA – was established in 2012 to operate the national g ...
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SABIC
Saudi Basic Industries Corporation ( ar, الشركة السعودية للصناعات الأساسية), known as SABIC ( ar, سابك), is a Saudi chemical manufacturing company. 70% of SABIC's shares are owned by Saudi Aramco. It is active in petrochemicals, chemicals, industrial polymers, fertilizers, and metals. It is the second largest public company in the Middle East and Saudi Arabia as listed in Tadawul. In 2017, SABIC was ranked fourth in the world among chemical companies by Fortune Global 500. By the end of 2018 SABIC was the world's 281st-largest corporation. In 2014, the company had sales revenues of $50.4 billion, profits of $6.7 billion and assets standing at $90.4 billion. It also has been recognized as the world's second most valuable brand in the chemicals industry by Brand Finance in 2021. History SABIC was founded in 1976 by royal decree to convert oil by-products into useful chemicals, polymers, and fertilizers. The first chairman of the company was Ghaz ...
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