Aljazira Capital wins award for Saudi Equity Fund

Aljazira Capital CEO and Managing Director Ziad Aba Al-Khail.
Updated 26 March 2019
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Aljazira Capital wins award for Saudi Equity Fund

Aljazira Capital, a Saudi brokerage services company, has won Argaam’s “Top Performing Fund Over 5 Years” award for its Shariah-compliant Saudi Equity Fund, which achieved the highest return on investment, amounting to 29.4 percent.

Aljazira Capital CEO and Managing Director Ziad Aba Al-Khail said: “This award is a welcome addition to the awards that Aljazira Capital has earned as a result of its achievements and excellence in providing innovative financial solutions, and a confirmation of our competent, distinguished and specialized team capable of continuing to develop financial products and services in line with the economic development witnessed by the Kingdom.”

He said: “We are proud to receive this prestigious award, which supports excellence and encourages fund managers in the Saudi market to exert their utmost efforts.”

The prize reflects the success of our investment approach, our risk management strategy and is a recognition of the strong performance of Aljazira Saudi Equity Fund.” 

Al-Khail said the fund has been successful since its launch in 1999 and that it is an investment fund that aims to develop long-term capital by investing in a diversified portfolio of Shariah-compliant companies listed in the Saudi stock market. 


Aramco Digital to launch National Industrial Network on 450 MHz band

Updated 12 January 2026
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Aramco Digital to launch National Industrial Network on 450 MHz band

Aramco Digital, the digital and technology arm of Aramco, is preparing to launch its National Industrial Network operating on the 450 MHz spectrum, a network designed to enable secure, resilient, and high-reliability industrial communications across Saudi Arabia. The network has been engineered as a mission-critical industrial infrastructure to deliver high levels of security, flexibility, and reliability to meet the needs of industrial sectors. It provides wide-area coverage with advanced protection standards, supporting operational environments that require continuous performance and dependable connectivity for critical facilities and assets.

“The National Industrial Network has been designed to support the advanced operational requirements of modern industrial environments, aimed at enhancing efficiency, strengthening business continuity, and enabling a new class of highly reliable industrial communications. Together with next-generation mission-critical smart radios, the network aims to help build a future-ready industrial infrastructure that enables real-time data insights, supports industrial digital transformation, and aligns with the ambitions of Saudi Vision 2030,” said Nabil Al-Nuaim, Aramco Digital CEO.

Unlike public networks, the National Industrial Network has been purpose-built for industrial environments, enabling connectivity for critical assets, supply chains, logistics operations, and autonomous mobility systems. The network seeks to elevate smart industrial services, supporting real-time monitoring, automation, enhanced safety, and higher operational efficiency across industrial sectors.

As part of the launch, Aramco Digital plans to introduce an integrated portfolio of industrial digital solutions powered by the 450 MHz network. These include specialized connectivity packages tailored to diverse sector needs, along with a new generation of mission-critical smart radios designed specifically for industrial operations. The devices combine rugged high-performance design and industrial safety compliance with advanced artificial intelligence capabilities, enhanced sensing technologies, extended battery life, and real-time on-device data processing, helping improve accuracy, safety, and operational continuity in complex environments.

The network has also been designed to support a wide spectrum of industrial IoT applications, including asset condition and performance monitoring, fleet tracking, air-quality and environmental sensing, intelligent video monitoring, smart metering, lighting and infrastructure control, as well as mobility and fleet-management solutions. These capabilities enhance operational transparency, automation, and efficiency across both industrial and public sectors.

The National Industrial Network aims to help establish a strong technological foundation for Saudi Arabia’s next industrial phase, contributing to the objectives of Vision 2030 by delivering highly reliable, nationwide industrial connectivity that enables automation, intelligence, and advanced digital services across vital sectors. By developing connectivity solutions aligned with the needs of modern industrial operations, Aramco Digital is helping shape the future of mission-critical digital infrastructure in the Kingdom, moving beyond traditional telecommunications to enable continuous interaction between devices, machines, and AI-powered systems, and strengthening real-time decision-making through edge processing.

The 450 MHz National Industrial Network represents more than an improvement in coverage or performance. It is a strategic step toward smarter, more autonomous, and technology-driven industrial ecosystems that enhance operational excellence and set a new benchmark for advanced digital infrastructure in Saudi Arabia.

With the accelerating pace of digital transformation in the Kingdom, secure and reliable connectivity has become a fundamental pillar in supporting operational requirements and driving economic growth. Organizations across various sectors— including industrial sectors and those enabling future economies — are increasingly relying on advanced connectivity solutions and technologies to enhance safety and reliability, improve operational efficiency, and unlock new horizons for sustainable economic development.