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Saudi Arabian Amiantit Company (2160) – Introduction and background |
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Saudi Arabian Amiantit Company is a leading manufacturer and supplier of pipe systems and water management solutions.
Founded in 1968 and headquartered in Dammam, Amiantit serves a critical role in the infrastructure and utilities sectors, providing advanced and durable products for water, sewage, and industrial applications.
The company specialises in producing a wide range of pipe systems, including fiberglass, ductile iron, steel, and concrete pipes, and its business is divided into two segments. The first manufactures and sells pipes, and the other consults and offers water management services. Around 90% of revenue comes from the manufacturing business. Their client base is highly international, with sales offices in over 30 countries, across the water supply, oil and gas, and manufacturing sectors.
Converted to a joint stock company in 1994, Amiantit trades on Tadawul under the ticker 2160.
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8th floor, CI Tower
Corniche Road
PO Box 93894
Abu Dhabi
United Arab Emirates
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+971 2 657 2414
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ADS Securities L.L.C – S.P.C (“ADSS”), a limited liability company – sole proprietorship company incorporated under United Arab Emirates law. Registered under Commercial License No.1190047. ADS Securities L.L.C S.P.C is regulated and authorised in the UAE by the Capital Market Authority (CMA) under Category 1 License No.305027 (Trading Broker, Trading and Clearing Broker, Trading Broker in the International Markets, Trading Broker of OTC Derivatives and Currencies in the Spot Market, Financial Products Dealer) and Category 5 License No.20200000217 (Introduction). Registered Office: 8th Floor, CI Tower, Corniche Road, P.O. Box 93894, Abu Dhabi, United Arab Emirates.
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