Money and business in the Middle East.

Companies

Ma'aden (Saudi Arabian Mining Company)

Saudi Arabia · Mining & metals · State-controlled, listed · Tadawul: 1211 · Founded 1997 · Riyadh

Saudi Arabia's national mining company and a Public Investment Fund portfolio company, holding a 50% government stake, central to the Kingdom's push to develop its mineral wealth beyond oil.

www.maaden.com.sa ↗

Verified · updated 24 Oct 2026

Key facts

Ownership and relationships

Key people

  • Bob Wilt · Chief Executive Officer, Ma'aden

History

Key indicatorsPeriodValueSource
RevenueFY2025SAR 38.58 bn

Ma'aden (Saudi Arabian Mining Company) — audited FY2025 consolidated financial statements and annual report·FY2025·source dated 5 Mar 2026·updated 4 Oct 2026

RevenueFY2024SAR 32.55 bn

Ma'aden (Saudi Arabian Mining Company) — audited FY2025 consolidated financial statements and annual report·FY2024·source dated 5 Mar 2026·updated 12 Oct 2026

Net incomeFY2025SAR 7.35 bn

Ma'aden (Saudi Arabian Mining Company) — audited FY2025 consolidated financial statements and annual report·FY2025·source dated 5 Mar 2026·updated 4 Oct 2026

Net incomeFY2024SAR 2.87 bn

Ma'aden (Saudi Arabian Mining Company) — audited FY2025 consolidated financial statements and annual report·FY2024·source dated 5 Mar 2026·updated 12 Oct 2026

EmployeesFY2025 (total FTEs)7,107

Ma'aden (Saudi Arabian Mining Company) — audited FY2025 consolidated financial statements and annual report·FY2025 (total FTEs)·source dated 5 Mar 2026·updated 24 Oct 2026

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Sources

  1. Ma'aden (Saudi Arabian Mining Company) — audited FY2025 consolidated financial statements and annual report · axvpvthrjz64.compat.objectstorage.me-jeddah-1.oraclecloud.com