Marafiq is a private power and water utility company. The company is engaged in the the operation, maintenance, management, expansion and construction of seawater cooling systems, desalinated and treated water systems, sanitary and industrial wastewater systems and electric power systems. It provides utility services to industrial, commercial and residential customers in the industrial cities of Jubail and Yanbu. The four major shareholders of the company including the Royal Commission for Jubail and Yanbu RC, Saudi Basic Industries Corporation SABIC, Saudi Arabian Oil Company Saudi Aramco, and the Public Investment Fund PIF holds 24.81% interest in the company.
Marafiq – Strategic Analysis
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