A top executive driving growth in the region’s energy cable sector
Hikmat Saaduddin al-Zaim
Company: Riyadh Cables Group
Position: Chairman and managing director
Biography: Hikmat Saaduddin al-Zaim is a member of the family that runs the Al-Zaim Group, which is a major shareholder in the Riyadh Cables Group.
Al-Zaim Group is a prominent Saudi-owned company principally involved in construction, engineering, manufacturing, trading, real estate and technology. Group sales were more than $3bn in 2007. The Saudi Modern Company for Cables Industry (Riyadh Cables Group of Companies) was established in 1984 by Hamdi Saaduddin al-Zaim, who still sits on the board of directors.
The group consists of four major companies: Riyadh Cables, Riyadh Cables & Metals, Riyadh Electric Wires and Riyadh Telephone Cables. The largest cable manufacturer in the Middle East, with a market share of almost 25 per cent, Riyadh Cables has an annual turnover of more than SR5bn ($13.4bn).
Contact: (+966) 1265 0850
Company website: www.riyadh-cables.com/
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