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Arabian Internet and Communications Services Co.

7202
SOLUTIONS
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  • Main Market
  • Software & Services

Stats Overview

  • Prev. Close 247.00
  • Open 247.00
  • High 253.80
  • Low 247.00
  • No. of Trades 4,244
  • Avg. Trade size* 69
  • Volume Traded 292,553
  • Value Traded (SAR) 73,239,647.20

Performance

SOLUTIONS
6.20 ( 2.51% )
Compare
Index Name Index Level 1D Return
Arabian Internet and Communications Services Co. 247.00 2.51%
Note: Prices are delayed minimum 5 minutes
  • *Average Trade Size = Cumulative / # of Trades
  • **52 Week Price Change =   (Current Price - Price year ago) / Price year ago x 100
  • Historical prices & volume traded data are adjusted to account for all corporate actions.
  • MO: Market Order

Trade Updates

Last Trade

Price
253.20
% Change
2.51
Volume Traded
297

Best Bid

Price 250.20
Volume Traded 9

Best Offer

Price 253.20
Volume Traded 8,072

52 WEEK

High
293.00
2022/08/30
Low
190.20
2022/06/23
Change**
22.91

PERFORMANCE

Start of Year
241.8
Year ago
206
3 Years ago

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Announcements

  • Arabian Internet and Communications Services Company (SOLUTIONS) announces the latest development on the signing of a binding offer with Saudi Telecom Company (stc) and ESM Holdings, LLC to acquire 100% of Contact Center Company (CCC)

    7202
    SOLUTIONS 2.51 %
    1444/06/18     11/01/2023 15:24:29
  • Arabian Internet and Communications Services Company (SOLUTIONS) announces the signing of a contract with Saudi Telecom Company (stc) (Related Party)

    7202
    SOLUTIONS 2.51 %
    1444/05/14     08/12/2022 15:28:55
  • Arabian Internet and Communications Services Company (SOLUTIONS) announces the signing of a number of contracts with Saudi Telecom Company (stc) (Related Party)

    7202
    SOLUTIONS 2.51 %
    1444/05/07     01/12/2022 15:25:12
  • Arabian Internet and Communications Services Company (SOLUTIONS) announces the signing of a binding offer with Saudi Telecom Company (stc) and ESM Holdings, LLC to acquire 100% of Contact Center Company (CCC)

    7202
    SOLUTIONS 2.51 %
    1444/04/16     10/11/2022 15:32:31
  • Arabian Internet and Communications Services Company (SOLUTIONS) announces its interim condensed consolidated financial results for the period ending on 30-09-2022 (nine months)

    7202
    SOLUTIONS 2.51 %
    1444/04/01     26/10/2022 15:36:48
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Financials

  • Balance Sheet
  • Statement of Income
  • Cash Flow
  • XBRL
  • Detailed Reports and Statements
  • Annually
  • Quarterly
Balance Sheet 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Current Assets
6,172,308.79
5,458,666
4,372,635
4,120,939
Inventory
273,986.16
112,369
150,654
140,297
Fixed Assets
550,611.68
593,559
166,715
102,002
Other Assets
175,841.39
170,034
187,384
86,812
Total Assets
7,172,748.02
6,334,628
4,877,388
4,450,050
Current Liabilities
4,634,258.28
4,068,116
3,377,268
2,658,919
Non-Current Liabilities
267,921.52
342,948
243,296
125,754
Other Liabilities - - - -
Total Liabilities and Shareholder Equity
7,172,748.02
6,334,628
4,877,388
4,450,050
Shareholders Equity
2,270,568.22
1,923,564
1,256,824
1,665,377
Investments - - - -
Minority Interests - - - -
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-02-20 2021-10-03 2021-10-03 2021-10-03
Balance Sheet 2022-09-30 2022-06-30 2022-03-31 2021-09-30
Current Assets
6,165,340.39
7,373,558.24
6,778,708.45
5,318,544
Inventory
49,123.6
62,522.89
54,359.43
37,647
Fixed Assets
475,753.93
493,196.03
516,236.92
568,331
Other Assets
140,581.03
167,574.79
175,176.53
174,735
Total Assets
8,630,798.96
8,096,851.95
7,524,481.33
6,099,257
Current Liabilities
5,198,304.12
4,962,913.96
4,694,813.85
3,689,343
Non-Current Liabilities
754,563.66
766,965.01
295,155.91
269,108
Other Liabilities - - - -
Total Liabilities and Shareholder Equity
8,630,798.96
8,096,851.95
7,524,481.33
6,099,257
Shareholders Equity
2,677,931.18
2,366,972.98
2,534,511.57
2,140,806
Investments
1,800,000
- - -
Minority Interests - - - -
All Figures in Thousands Thousands Thousands Thousands
All Currency In SAR SAR SAR SAR
Last Update Date 2022-10-30 2022-08-03 2022-04-25 2021-10-28
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Shareholding Information

  • Board Of Directors
  • Foreign Ownership
  • Substantial Shareholders
Time Period
-
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Trading Date Shareholders Designation Shares Held Trading Day Shares Held Prev Trading Day Change
2023-01-31 عمر عبدالله عمر النعماني Senior Executives 0.0006808 0.0006808 0
  • The listed company (Publisher) shall be responsible for the accuracy of the published information pertaining to the ownership of the Board of Directors, Chief Executive Officer or highest executive position, and the Chief Financial Officer. The listed company shall also be responsible for updating these information thereof. Therefore, the Saudi Stock Exchange (Tadawul) shall not be liable for the information contained therein, nor for any consequences that may result from the said information.
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Arabian Internet and Communications Services Co.
Price 253.20
Market Cap (SAR MN) 30,384
P/E Ratio 31.32
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Company Profile

Company overview

In accordance with the company''s bylaws, the company''s activities comprise the following: 1. Information and communication 2.Other service activities 3. Telecommunication wiring 4. Internet, computer and telecommunication networking wiring 5. Installation and maintenance of security devices 6. Provision of upper management consulting services 7. Construction. The Company''s activities according to its commercial registration, include: 1. Telecommunication wiring 2. Networking wiring 3. Computer and telecommunication networking wiring 4. Installation and maintenance of security devices 5. Provision of upper management consulting services.

Company History

The Company was established on 08/11/1423H (corresponding to 11/01/2003G) as a limited liability company with a fully paid-up capital of ten million Saudi riyals (SAR 10,000,000), divided into ten thousand (10,000) equal cash shares with a fully paid nominal value of one thousand Saudi riyals (SAR 1,000) per share. The Company was registered in Riyadh under Commercial Registration No. 1010183482 dated 08/11/1423H (corresponding to 11/01/2003G). Since Inception, the company''s capital has been increased several times. The capital was first increased, by virtue of a partners'' resolutions amending the company''s memorandum of Association on 14/04/1432H (corresponding to 19/03/ 2011G) from ten million Saudi riyals (SAR 10,000,000) to one hundred million Saudi Riyals (SAR 100,000,000), divided into ten million (10,000,000) equal cash shares with a nominal value of ten Saudi riyals (SAR10) per share. the increase of ninety million Saudi riyals (SAR90,000,000) was covered through the current account of partners. By virtue of partners'' resolution amending the company''s memorandum of association on 01/04/1442H (corresponding to 16/11/2020G), the company''s capital was increased from one hundred million Saudi riyals (SAR 100,000,000) to one billion, two hundred million Saudi riyals (SAR 1,200,000,000) divided into one hundred twenty million (120,000,000) equal cash shares with a nominal value of ten Saudi riyals (SAr10) per share. The increase of one billion, one hundred million Saudi riyals (SAR 1,100,000,000) was covered through capitalization of the retained earnings. On 16/05/1442H (corresponding to 31/12/2020G) the company was converted from a limited liability company o a closed joint stock company with a fully paid -up capital of one billion, two hundred million Saudi riyals (SAR1,200,000,000), divided into one hundred twenty million (120,000,000) ordinary shares with a fully paid nominal value of ten Saudi riyals (SAR10) per share, pursuant to Ministry of Commerce resolution No. 144 dated 08/05/1442H (corresponding to 23/12/2020G)

Company Bylaws

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Equity Profile

  • Authorized Capital (SAR) 1,200,000,000
  • Issued Shares 120,000,000
  • Paid Capital (SAR) 1,200,000,000
  • Par Value/Share 10
  • Paid Up Value/Share 10

Last Update :2021-09-29

Investment limits

There are no investment limits on the company shares as per the amended Rules for Qualified Foreign Financial Institutions Investments in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company bylaw and the issued instructions by the related regulators and supervisory authorities

 

  • Company Details
  • BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
  • Date Established

    2003/01/11

  • Financial Year End

    31/12

  • Listing Date

    2021/09/30

  • External Auditors

    [EY]

  • ISIN CODE

    SA15CIBJGH12

  • Number of Employees

    1500

  • Chairman

    Riyadh Saeed Sadeq Muawad
    Non - Executive

    Riyadh Saeed Sadeq Muawad
    • BD Session Start
      2020-12-22
      Designation
      Chairman
    • BD Session End
      2025-12-21
      Classification
      Non - Executive
    • Qualification
      Bachelor degree in Computer Science, Boston University, USA, 2005G
    Companies Membership
    • Memebrship Name
      Public Telecommunication company
      Start Date
      2019-09-01
    • Memebrship Character
      Chairman
      End Date
      -
  • Board of Directors

    Haithem Mohammed Mujil AlFaraj Non - Executive

    Haithem Mohammed Mujil AlFaraj
    • BD Session Start
      2020-12-22
      Designation
      Board of Directors
    • BD Session End
      2025-12-21
      Classification
      Non - Executive
    • Qualification
      Bachelor's degree in Applied Computer Engineering, KFUPM, KSA, 2001G
    Companies Membership
    • Memebrship Name
      Saudi Telecom Company Advanced Technology and Cybersecurity Company
      Start Date
      2020-01-01
    • Memebrship Character
      Chairman
      End Date
      -
    • Memebrship Name
      Telecommunication Tower Co. Ltd (TAWAL)
      Start Date
      2021-01-01
    • Memebrship Character
      Director
      End Date
      -

    Emad Oudah Abdullah AlOudah Non - Executive

    Emad Oudah Abdullah AlOudah
    • BD Session Start
      2020-12-22
      Designation
      Board of Directors
    • BD Session End
      2025-12-21
      Classification
      Non - Executive
    • Qualification
      Diploma in Management, Institute of Management, UK, 2002G. Bachelor's degree in Information Systems, King Saud University, KSA, 1996G
    Companies Membership
    • Memebrship Name
      NAQEL
      Start Date
      2020-09-01
    • Memebrship Character
      Director
      End Date
      2021-09-01
    • Memebrship Name
      Arab Satellite Communications Organization (Arabsat)
      Start Date
      2014-01-01
    • Memebrship Character
      Director and Executive Committee Member
      End Date
      -

    Omar Abdulaziz Nasser AlShabibi Non - Executive

    Omar Abdulaziz Nasser AlShabibi
    • BD Session Start
      2020-12-22
      Designation
      Board of Directors
    • BD Session End
      2025-12-21
      Classification
      Non - Executive
    • Qualification
      Bachelor's degree in Accountancy, King Saud University, KSA, 1998G
    Companies Membership
    • Memebrship Name
      stc Gulf Investment Holding 2
      Start Date
      2019-06-01
    • Memebrship Character
      Director
      End Date
      -
    • Memebrship Name
      Telecom Commercial Investment Company Limited
      Start Date
      2019-06-01
    • Memebrship Character
      Director
      End Date
      -
    • Memebrship Name
      Safayer Company Ltd
      Start Date
      2015-06-01
    • Memebrship Character
      Director
      End Date
      2021-12-31

    Mathad Faisal Mathad AlAjmi Non - Executive

    Mathad Faisal Mathad AlAjmi
    • BD Session Start
      2020-12-22
      Designation
      Board of Directors
    • BD Session End
      2025-12-21
      Classification
      Non - Executive
    • Qualification
      Master of Laws in International Intellectual Property Law, Illinois Institute of Technology, USA, 2004G Bachelor's degree in Law, King Saud University, KSA, 2001G
    Companies Membership
    • Memebrship Name
      Pearl Initiative
      Start Date
      2018-09-01
    • Memebrship Character
      Director
      End Date
      -
    • Memebrship Name
      Integral
      Start Date
      2021-06-01
    • Memebrship Character
      Director
      End Date
      -

    Mohammed Abdullah Hassan AlAbbadi Non - Executive

    Mohammed Abdullah Hassan AlAbbadi
    • BD Session Start
      2020-12-22
      Designation
      Board of Directors
    • BD Session End
      2025-12-21
      Classification
      Non - Executive
    • Qualification
      MBA, IE University, Spain, 2012G Bachelor's degree in Systems Engineering, KFUPM, KSA, 1999G
    Companies Membership
    • Memebrship Name
      Saudi Volunteer Organization (Takatuf)
      Start Date
      2020-06-01
    • Memebrship Character
      Director
      End Date
      -
    • Memebrship Name
      Public Telecommunication Company
      Start Date
      2020-06-01
    • Memebrship Character
      Director
      End Date
      -
    • Memebrship Name
      Cura
      Start Date
      2016-06-01
    • Memebrship Character
      Director
      End Date
      -

    Mohammed Abdullah Mohammed Al-Asiri Independent

    Mohammed Abdullah Mohammed Al-Asiri
    • BD Session Start
      2020-12-22
      Designation
      Board of Directors
    • BD Session End
      2025-12-21
      Classification
      Independent
    • Qualification
      Master's degree in Computer Engineering, Syracuse University, USA, 1991G Bachelor's degree in Computer Engineering, King Saud University, KSA, 1987G

    Abdullatif Ali Abdullatif Al-Saif Independent

    Abdullatif Ali Abdullatif Al-Saif
    • BD Session Start
      2020-12-22
      Designation
      Board of Directors
    • BD Session End
      2025-12-21
      Classification
      Independent
    • Qualification
      MBA Majorning In Finance, Boston University, USA, 2006G. Master's degree in Economics, Boston University, USA, 2006G. BBA, Boston University, USA 2001G
    Companies Membership
    • Memebrship Name
      Sabeen Investment Company
      Start Date
      2021-01-01
    • Memebrship Character
      Managing Director
      End Date
      -
    • Memebrship Name
      Arabian Cement Company (Acc)
      Start Date
      2018-01-01
    • Memebrship Character
      Director
      End Date
      -
    • Memebrship Name
      Raidah Investment Company
      Start Date
      2018-01-01
    • Memebrship Character
      Director
      End Date
      -
    • Memebrship Name
      National Petrochemical Company (Petrochem)
      Start Date
      2019-01-01
    • Memebrship Character
      Managing Director
      End Date
      -
    • Memebrship Name
      Wisayah Global Investment Company
      Start Date
      2019-01-01
    • Memebrship Character
      Director
      End Date
      -
    • Memebrship Name
      Al Rajhi Bank
      Start Date
      2017-01-01
    • Memebrship Character
      Director
      End Date
      -

    Fahad Suleiman Mohammed AlAmoud Independent

    Fahad Suleiman Mohammed AlAmoud
    • BD Session Start
      2020-12-22
      Designation
      Board of Directors
    • BD Session End
      2025-12-21
      Classification
      Independent
    • Qualification
      Bachelor's degree in Information Systems, King Saud University, KSA, 1999G
    Companies Membership
    • Memebrship Name
      The Saudi international Company for completion and follow-up of visa procedure and approvals for embassies
      Start Date
      2021-09-01
    • Memebrship Character
      Director
      End Date
      -
  • Senior Executives

    Omer Abdullah Omer Alnomany CEO

    Omer Abdullah Omer Alnomany
    • BD Session Start
      2017-10-01
      Designation
      Senior Executives
    • BD Session End
      -
      Classification
      CEO
    • Qualification
      Senior Executive Leadership Program, Harvard University, USA, 2020G. Bachelor's degree in Computer Engineering, King Saud University, KSA, 1994G
    Companies Membership
    • Memebrship Name
      Kuwait Telecom Company (stc)
      Start Date
      -
    • Memebrship Character
      Director
      End Date
      -

    Abdulrahman Hamad Mohammed AlRubaia CFO

Abdulrahman Hamad Mohammed AlRubaia
  • BD Session Start
    2018-07-04
    Designation
    Senior Executives
  • BD Session End
    -
    Classification
    CFO
  • Qualification
    Bachelor's degree in Accountancy, King Saud University, KSA, 2003G

Investor Relations

Contact Name:

Investor Relations Department

Company Address:

Po Box50, Riyadh 1137, KSA

Contact Details:

Telephone: +966115251111
Fax: +966114601119
Email: IR@solutions.com.sa

Company Website:

https://Solutions.com.sa/


Name Ob Subsidiary Percentage Of Property Main Business Location Of Operation Country Of Operation
STCS for IT 100.00% IT Egypt Egypt
SANAD 100.00% Management and Manpower Services Kingdom of Saudi Arabia Kingdom of Saudi Arabia
GIZA Systems 88.19% IT and System Integrator Kingdom of Saudi Arabia & Egypt Egypt
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