Corporations

General Organization for Social Insurance (GOSI)
General Organization for Social Insurance (GOSI)

The Social Insurance Law was issued under the Royal Decree No. M/22 dated 15/11/1969. The Annuities Branch was implemented on 01/01/1393H. and the Occupational Hazards Branch on 01/07/1402H. The Law was amended by the Royal Decree No. M/33 dated 29/11/2000. and implemented as of 01/04/2001.
The General Organization for Social Insurance (GOSI) was established to implement the provisions of the Social Insurance Law and follow-up the process of achieving the compulsory insurance coverage, collecting contributions from employers and paying benefits for the eligible contributors or their family members.
GOSI is a semi-state body that enjoys administrative and financial independence. An eleven-member Board of Directors, supervises GOSI. The members are Minister of Labor, Chairman; GOSI Governor, Vice-Chairman; three members representing Ministries of Labor, Finance and Health; three members of highly qualified contributors; and three members of employers. GOSI exercises its activities through the Head Office and 21 field offices located in a number of regions and governorates in the Kingdom.
The Social Insurance Scheme is an aspect of social cooperation and solidarity provided by the society for citizens. The Scheme covers workers in private sector and a group of workers in public sector. It also provides the contributors and their families with a decent life after leaving work due to retirement, disability or death; medical care for contributors afflicted with work injuries or occupational diseases; and necessary compensation in the event of occupational disability or death.

http://www.gosi.gov.sa
2963 Riyadh 11461
+966 11 4777735
+966 11 4777735
Grain Silos and Flour Mills Organization
Grain Silos and Flour Mills Organization

Established by the Royal Decree issued on February 1972 within the framework which was prepared by the government, GSFMO has worked with well planned steps and many successive stages

http://www.gsfmo.gov.sa
3402 Riyadh 11471
+966 11 2103333
+966 11 2104444
King Abdulaziz & His Companions Foundations For Giftedness and creativity
King Abdulaziz & His Companions Foundations For Giftedness and creativity

King Abdulaziz & His Companions Foundations For Giftedness and creativity

http://www.mawhiba.org.sa
300820 Riyadh 11372
+966 11 4629462
+966 11 4623959
King Abdullah Bin Abdul-Aziz Foundation for Development Housing
King Abdullah Bin Abdul-Aziz Foundation for Development Housing

The Foundation becomes an effective development housing charity in assisting the low-income citizens to raise their educational, professional and living standard through a collective development process by providing them with the appropriate housing and through coordination with the country institutions and civil society.

Providing development housing in the most needy provinces and to the low-income groups according to the study of needs, an objective and realistic standards, construction of low-cost housing units, supervision, maintenance and providing development services necessary to support the inhabitants of housing complexes to improve their educational, professional and living standards with their self-efforts and achieving the highest degree of efficacy and efficiency in this regard through cooperation with effective civil society categories.

http://www.kaf.org.sa
+966 11 4452222
+966 11 4452222
King Abdullah bin Abdulaziz Foundation for His Parents For Charitable Housing
King Abdullah bin Abdulaziz Foundation for His Parents For Charitable Housing

King Abdullah bin Abdulaziz Foundation for His Parents For Charitable Housing

http://www.kaf.org.sa
28728 Riyadh 11447
+966 11 4452222
+966 11 2083290
Public Pension Agency
Public Pension Agency

PPA established under the name of “Retirement Pension Directorate” on 1378 H corresponding to 1958 G under Article #8 of Pension Law issued at the same year.

The first Pension Law in KSA issued on 1364H. The Law issued on 1364H and 1378H covers military and civilian services while later Laws were specific for one service.

All schemes covers Saudi employees only who occupy a job in the state budget or public institutions budgets in which the employees are subject to pension scheme.

http://www.pension.gov.sa
18364 Riyadh 11168
+966 11 4025100
+966 11 4053918
Saline Water Conversion Corporation
Saline Water Conversion Corporation

Saline Water Conversion Corporation is a Saudi government corporation responsible for desalinating sea water, in order to augment the supply of potable water to coastal and inland cities in the Kingdom. SWCC is also the second largest electric power producer in the Kingdom.

http://www.swcc.gov.sa
85369 Riyadh 11691
+966 11 4631111
+966 11 4643235
Saudi Arabian Monetary Agency SAMA
Saudi Arabian Monetary Agency SAMA

Saudi Arabian Monetary Agency (SAMA), the central bank of the Kingdom of Saudi Arabia, was established in 1952.

http://www.sama.gov.sa
2992 Riyadh 11169
+966 11 4633000
+966 11 4662966
Saudi Port Authority
Saudi Port Authority

The Saudi ports used to be managed by different bodies with different rules, regulations and tariffs, for each port. In 1976, the Saudi Government decided to create an independent Ports Authority, which was directly linked to the Prime Minister. The aim was to improve and develop all Saudi Ports and to run them in the most advanced and effective ways, in a unified manner.In it’s first six months; The Ports Authority was able to eliminate the problem of congestion. Later the Ports Authority proceeded to achieve its goal: to re-organize ports and to enhance their efficiency.Now the Saudi Ports have become major contributors to Saudi economy and a link between the national and international economy.

http://www.ports.gov.sa
5162 Riyadh 11188
+966 11 4050005
+966 11 4053508
Saudi Post Corporation
Saudi Post Corporation

Saudi Post Corporation

http://www.saudipost.gov.sa
Riyadh 11142
+966 11 4057744
+966 11 4059684
Saudi Railways Organization
Saudi Railways Organization

In the beginning, the railway line was run by Aramco, but it was subsequently entrusted to the Ministry of Finance, at which time it was known as the Railway Department.

On the 13th of May, 1966, a Royal Decree was issued establishing the Saudi Railways Organization (SRO) as a public corporation having full legal status. A Board of Directors was appointed to lead the Organization on commercial principles.

http://www.saudirailways.org
+966 13 8714111
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