1. Saudi Industrial Export Co.
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• Introduction
Saudi Industrial Export Company (SIEC), is the only Middle East Premier Trading
House formed as Joint Stock Company by the leading industrial, commercial and
financial entities of the Kingdom of Saudi Arabia. SIEC export and import
different products such as fertilizer, chemicals, petrochemicals and bulk
commodities around the world utilizing our different services and facilities we
provide both to our suppliers and customers.
Founded : 1990
Headquarters : Riyadh
Major Business : Work as a major trading house in the
region, buying and selling utilizing the
services and facilities available for its
operation.
Stock Listings : Saudi Stock Exchange
Internet Homepage : www.siec.com.sa
Markets : Serve more than 40 markets
• Services & Facilities
SIEC provides different services and facilities to different categories of
customers:
Sign an off-take agreement of exporting part or all of the supplier’s
production.
Guarantee payments, at sight upon delivery.
A marketing strategy designed to suit each market incorporating
country risk, facilitating appropriate distribution system.
Work as a marketing arm-length to the suppliers.
Assist and work closely with agents appointed by suppliers in different
countries.
Provide long-term, contractual and assured supply of products to
established traders.
Provide complete logistic services including shipping, loading,
supervision of inspection arrangements, correct documentation and
management of payment procedures.
Tailor-make payment instruments that would meet specific
requirements of both the sellers and buyers.

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Participate directly in Government tenders taking all responsibilities
such as Bid Bond, Performance Bonds, Bank Guarantees, Port
clearance, handling, and transportation on behalf of suppliers.
Financing has become a key element in international trading. SIEC
has been in the forefront of this development and always succeeded
in providing the customers with unique and relevant arrangements.
The pattern of such service also includes facilities of raw material
purchases for manufacturers which includes accepting a wide range of
payment terms, unconfirmed Credits, provision of Bid and
Performance Bonds. Long-term relationship with regions specialized
financial institutions.
Provide the documentary and logistical requirements of the region call
for dedicated and timely preparation of documents, follow-up its
presentation.
• Markets
SIEC, as a globally integrated corporation, will respect the cultures and customs
of all countries in which its operates, conduct its overseas activities in a way that
contributes to development in all such locales. The company is represented by its
long-term associates in many markets such as Dubai, Tehran, Kuala Lumpur,
Mumbai, Cairo, Addis Ababa, Yemen, Algeria, Sudan, Jakarta and Libya . The
geographical coverage of SIEC is equally comprehensive and global. We have
serviced needs of customers in the following countries:-
Algeria , Bangladesh , Bulgaria, China, Djibouti, Egypt, Germany, Greece,
Ghana, India, Indonesia, Iran, Jordan, Eritrea, Ethiopia, Kenya, Korea, Kuwait,
Lebanon, Libya, Morocco, Nepal, Pakistan, Senegal, Sudan, South Africa, Spain,
Sri Lanka, Thailand, Tunisia, Yemen, UAE, Zimbabwe, Brazil and Iraq.

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• Storage and Distribution
The fundamental and most important strategy SIEC follows is not competing with
existing distributors but to strengthen them by providing world-class facilities and
services.
At the same time, working together with them to establish and invest in more
distribution channels in existing and new markets, in the following manner:-
Utilize warehousing and distribution facilities in each market in partnership
with local traders for mutual benefit.
Invest in distribution channel & warehousing facilities that add service
advantage to both manufacturers & customers.
Prepare suitable strategies for each type of product to benefit from store &
sell opportunities.
Provide re-export services for foreign companies thru our storage facilities to
neighboring markets.
• Products
Our trading company, the only stock-exchange listed trading house in the region
could be classified as general trading. However, our larger activities are in
commodities and raw materials for industry in bulk which we would like to
highlight as :
Commodities (Cement, Clinker, Steel, Wheat, Rice, Soybeans, Corn)
Feltilizers (Sulphur, DAP, Urea, TSP, GTSP, NPK, MOP, Rock
Phosphate)
Raw materials ( Steel Billets, Chemicals, Bauxites)
Other Products (Sulphuric Acid, Polymers, Pipes, Caustic Soda, Oil and
Lubricant, Bitumen, Plastic products, Animal Feeds, Air Conditioners,
Trucks, Cables)
• Chartering
We provide complete logistics services to our customers in land transportation
and sea-shipping. We charter our vessels through our associates offices
worldwide such as Holland, Germany, Turkey, Dubai, Yemen, Iran, India,
Thailand.

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• Bank (Banking Support)
SIEC has from long time banking support given by solid and first class financial
institutions such as:
The Saudi British Bank
Saudi Hollandi Bank
Riyadh Bank
The National Commercial Bank
SIEC will not pursue short-term interest at the expense of its reputation for integrity and
will conduct its business with long-term vision, recognizing free and fair competitions is
the principle of market economy and will engage in free and fair competition.