Ma'aden achieves strong financial performance in Q4 2020
Feb 04, 2021
Saudi Arabian Mining Company (Ma’aden) (Symbol: 1211) (ISIN: SA123GA0ITH7), one of the fastest growing global mining companies and the largest multi-commodity mining and metals company in the Middle East, today reported its financial results for the period ended 31st December 2020.
Ma’aden’s Chief Executive Officer, Mosaed Al Ohali, commented on the results: “During the year 2020 we witnessed a noticeable decline in the prices of our basic products, which affected the financial performance of the company in general, especially with regard to aluminum, which observed a decline in prices since before the COVID-19 pandemic. Starting from September 2020, there…
Ma’aden signs agreement to supply phosphate fertilizer to Bangladesh
Dec 28, 2020
Ma’aden, one of the fastest-growing global mining companies and the largest multi-commodity mining and metals company in the Middle East, has signed an agreement to supply phosphate fertilizer to the Bangladesh Agricultural Development Corporation (BADC) for the year 2021. BADC is state-owned company that works under the umbrella of the Bangladesh Ministry of Agriculture, which manages agricultural imports in the country.
Under this renewed contract, Ma’aden will supply Di-ammonium Phosphate Fertilizer (DAP) to BADC. Commenting on the announcement, Ma’aden CEO Mosaed Al Ohali said: “We are pleased to build on our strong partnership with BADC to supply the agricultural industry…
Ma’aden Achieves ISO 27001 Certification for Cybersecurity Governance, Risk & Compliance
Dec 27, 2020
Saudi Arabian Mining Company (Ma’aden), one of the fastest-growing global mining companies and the largest multi-commodity mining and metals company in the Middle East, has been awarded the internationally recognized ISO 27001:2013 certification for cybersecurity governance, risk and compliance. The Cybersecurity Management System Certification will aid Ma’aden in improving cybersecurity processes and strategies more efficiently and ensure compliance with international standards.
The ISO 27001:2013 certification identifies requirements for a Cybersecurity Management System (CSMS) and defines how organizations should manage and handle the security of digital assets such as financial information, intellectual property, employee details or information entrusted to you by…
Ma’aden Becomes First Saudi Company to Achieve ISO 37001 International Anti-Bribery Management Systems Certification
Dec 27, 2020
Saudi Arabian Mining Company (Ma’aden), one of the fastest-growing global mining companies and the largest multi-commodity mining and metals company in the Middle East, has become the first Saudi company to successfully attain the ISO 37001:2016 Anti-Bribery Management System certification. The ISO 37001 standard is designed to help global organizations implement an anti-bribery management system and provides guidance relative to that implementation.
In earning the certification, Ma’aden met and exceeded the directives set by ISO 37001 through the successful completion of a comprehensive audit and examination process of anti-bribery policies and procedures. The scope of the certification includes the activities…
Ma’aden lends its support to the digital enablement initiative
Sep 13, 2020
Ma’aden has been honored for its support of the digital enablement initiative, by HE Dr. Hamad Bin Mohammed Al Sheikh, Minister of Education and Chairman of the Board of Trustees at Takaful Charity Foundation, in the presence of HE Eng. Abdullah Al Swaha, Minister of Communication and Information Technology, other esteemed guests and the leaders of other supporting companies.
The digital enablement initiative provides computers to financially disadvantaged students, in the Kingdom, eligible for support from the Takaful Charity Foundation. The contribution of Ma’aden and its subsidiaries reflects its continued commitment to community engagement and upholding social, cultural and economic…