
HEAVY INDUSTRIES
INVESTEE
COMPANIES

CRISTAL
In 2019, Cristal sold its titanium dioxide business to Tronox and in return now owns 24% shares in Tronox, listed in NY Stock Exchange. Cristal also holds 50% shares in Advanced Metal Industries Company, which is currently developing titanium based projects in Saudi Arabia. GIC owns 20% of Cristal.
Website : www.cristal.com

FOULATH HOLDING COMPANY

MOON IRON & STEEL COMPANY
located in Sohar (Oman) and is expected to start its operations in the last quarter of 2019. GIC owns 25% of MISCO.
Website: www.miscooman.com

TMK GULF INTERNATIONAL PIPE INDUSTRY
TMK GIPI manufactures Welded pipes and high pressure Electric Resistance Welded Steel pipes. GIC owns 14.2% of TMK GIPI.
Website: www.tmk-gipi.tmk-group.com