Saudi Arabia leads IPOs in MENA region despite Q3 2023 dip
- ByInvesting.com
- •
Al-Babtain Power and Telecommunications Company, together with its subsidiaries, produces lighting poles, power transmission towers and accessories in the United Arab Emirates, Saudi Arabia, and Egyptian Arabic Republic. The company operates through Towers and Metal Structures Sector; Poles and Lighting; Design, Supply, and Installation Sector; and Solar Energy Sector segments. The Towers and Metal Structures Sector segment produces power transmission towers, galvanized communication towers and tests, and galvanized steel structures. The Poles and Lighting Sector segment engages in the production and galvanization of electricity and lighting poles, masts, and accessories; and production of street lighting lanterns for playgrounds and gardens, as well as electricity distribution panels. The Design, Supply, and Installation Sector segment supply, installs, and maintains communication systems. The Solar Energy Sector segment involves in production of mobile metal components for solar photovoltaic energy tracking systems. In addition, it designs and produces poles, masts, and lanterns for lighting, and squares; manufactures, markets, and sells decorative poles and LED lighting; and installs, operates, and maintains programs for wired and wireless communication systems, computer devices, and networks, as well as mechanical and electrical equipment for factories. The company installs, maintains, and repairs wind energy networks and generates electric energy; offers electrical and mechanical works; and engages in designing, supplying, installing, and maintaining communication systems, as well as provides oil and gas field services, including contracting. Al-Babtain Power and Telecommunications Company was founded in 1955 and is headquartered in Riyadh, Saudi Arabia.