What we aim to achieve

We strive to achieve sustainable growth through the daily creation of economic value while making a positive impact on our people and the environment in which we operate. In short, we aim to invest responsibly.

We believe sustainable business practices that tackle local and global socio-economic challenges not only serve the community but can also enhance returns. Today, the management of over a quarter of the world’s assets is taking into consideration environmental, social, and governance (ESG) factors that can materially affect a company’s performance and market value (McKinsey)* Furthermore, we believe the moral case to invest in sustainable businesses is even stronger for family-owned corporations as the importance of a company’s sustainability can help to favor more long-term perspectives.

How is our ambition and commitments

Ambition

Investing for Sustainable Impact.

VISION

To be recognized as the premier investor and partner for building great sustainable businesses in Saudi Arabia and the MENA region.

MISSION

To accelerate the sustainable growth of all our businesses.

Culture

To create value every day; and promise each year to be better than the year before

  • Passion:We take deep personal interest to act purposefully to achieve excellence and success.
  • Excellence:We continuously strive to exceed expectations as a habit to achieve the best possible results.
  • Respect:We respect all of our stakeholders and we respect our environment.
  • Fun:We bring fun into our corporate environment, recognize efforts and celebrate achievements.
  • Openness:We are open to ideas and diversity; we believe that transparency is essential in every aspect of business.
  • Reliability:We do what we say, we deliver on our promises.
  • Meaning:We engage in activities that provide value to the society and the environment at large.
The overall drivers

Why the business case – the overall drivers

  • Sustainability threats have global and local impacts
  • Alturki subsidiaries work in several sectors that contribute to the sustainability challenges
  • Saudi’s Vision 2030 driving towards a sustainable economy

Why the business case – the benefits

  • Supporting national plans (Vision 2030) and contributing to local communities’ development
  • Increasing access to investment opportunities
  • Creating superior financial value
  • Improving brand equity and reputation
  • Enhancing compliance and risk management

How our sustainability ambition and commitments

SUSTAINABLE INVESTMENT

SUSTAINABLE INVESTMENT

We are committed to creating sustainable value for all stakeholders. Our first step toward honoring this commitment is developing the Company’s sustainable investment policy and strategy in line with global best practices and Alturki’s values.

Corporate Governance and Management

Corporate Governance and Management

We adopt strong corporate governance practices to improve our decision-making process towards creating sustainable value for stakeholders, improving compliance and risk management, and instilling a culture of accountability and transparency.

OPERATIONAL EXCELLENCE

OPERATIONAL EXCELLENCE

We promote a performance culture based on passion, excellence, reliability, fun, openness and respect.

CUSTOMER SERVICE

CUSTOMER SERVICE

We maintain communication with our customers to address their priorities. We collaborate with them to foster innovation, efficiency, high quality standards and timely delivery.

OUR PEOPLE

OUR PEOPLE

We invest in responsible, professional and competent people. We attract and develop talent, build an open and respectful work environment, promote employee wellbeing and manage occupational health and safety risks.

SUPPLY CHAIN

SUPPLY CHAIN

We collaborate with our suppliers to achieve mutual sustainability through localization and ethical standards.

ENVIRONMENTAL IMPACT

ENVIRONMENTAL IMPACT

We manage our environmental impact across the value chain and seek to achieve efficient use of natural resources, reduce emissions and waste, and promote higher environmental awareness.

FINANCIAL PERFORMANCE

FINANCIAL PERFORMANCE

We maintain stable and profitable financial performance with low leverage.

1970
1980
1990
2000
2010
2020
1973 Created Petroserve Arabia in partnership with EA Juffali to establish Pool Arabia Drilling
1975 Established Khalid Ali Alturki & Sons Company (Trading & Development Company – TRADCO)
1976 Tradco-Vulcan Co.
1978 AGAP Arabia LTD
1979 Dematteis Arabia
1980 Cegelec Contracting Co.
1980 EBASCO ARABIA
1980 RAWABI Trading & Contracting Co
1981 Inma Electronics
1984 Inma Steel Fabricators Co.
1985 Inma Wooden Pallets Factories Co. LTD
1987 Inma Woodwork Factories Co
Hitachi shipbuilding & ENGG Co.
Mannesmann Anlagebau Arabia
NKK Saudi Construction
TASQEEF
JGC
Marobini
Schlegel Lining Technology
Kurvers Piping
Nippon Conveyor Company
TMSI Arabia
Ebara Infilco
Hazama Gumi
1988 Tradco-Vulcan Co. became Saudi Arabian Vulcan
1991 Saudi OPMI Co.
1992 Saudi Arabian Vulcan became Inma Construction Material
1993 Inma Steel
1996 NEC Saudi Arabia
1997 Establish JV with Halliburton
1998 Acquired Saudi Readymix & merged with Inma Construction Material to become Saudi readymix
2002 Inma Electronics became Inma Technologies
2002 Sold Tasqeef
2003 Closing Inma Woodwork Factories Co.
2004 Invested in Nesma & Partners
2005 Investing in i2
2005 Juman Acquisition
2007 Grace
2008 Element Joint Venture
2008 Sold Halliburton
2008 Velosi Joint Venture
2010 Musanadah
2010 Grace becomes Arkaz
2011 Opening Alturki Business Park
2012 Masheed
2013 Alturki acquires Samara
2013 Direct Investment in Libya Holdings
2013 Direct Investment in iMENA  
2013 Sawafi
2014 Sold Inma Pallets
2014 Acquired Caledyne
2015 Sold Nabors Arabia
2015 Sold JR McDermott
2015 Sold Caledyne
2017 Sold Juman
2018 Samara Acquires Carspa
2019 Direct Investment in Trucker
2019 Investing in Algebra Ventures
2019 Investing in BECO Capital
2019 Investing in Endeavor
2019 Investing in Iliad Partners
2019 Direct Investment in Little Thinking Minds
2019 Investing in MEVP
2019 Investing in RAED Venture Capital
2019 Sawafi Borets Joint Venture
2020 Sixt appoints Samara as Franchisee for KSA
ALTURKI

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