- Business
- Saudi Automotive Services Company (SASCO) is a Saudi public joint-stock company that owns and operates a diversified network of motor vehicle service stations, rest areas, and related facilities across Saudi Arabia. Founded in 1982 and headquartered in Riyadh, the company provides comprehensive automotive, transport, hospitality, and retail services through segments including Retailing and Operations, Saudi Club, Transportation and Fleet, SASCO Palm, and Others. Its core offerings encompass fuel sales and station operations; food and beverage retail via SASCO Palm branches; car maintenance, repair workshops, oil and tire changes; operation of motels, rest houses, restaurants, and coffee shops; issuance of international driving licenses and customs transit documents through the Saudi Automobile and Touring Association (SATA); transportation of fuels, water, liquids, dry materials, refrigerated goods, and vehicles; motorsports event organization and circuit management; real estate development, leasing, and management of residential and commercial properties; road works and construction contracting; equipment import and sales; and franchising of SASCO stations and SASCO Palm brands.
SASCO serves travelers, vehicle owners, and commercial clients nationwide, with subsidiaries such as Ostool al-Naqil for transport, Al-Nakhla al-Oula Contracting, Sasco Oasis for motels, Investments and Equipment, Amlak Nakhla Real Estate, Wajihat al-Shamal Real Estate, and an 80% stake in Oil Services Company Limited for petroleum distribution.
In recent developments, a subsidiary completed the acquisition of a 70% stake in Tadbeer Recruitment Co. for SAR 85 million in October 2025 to diversify investments and integrate services, with financial impacts reflected in the 2025 income statement; extended a memorandum of understanding with Tadbeer; launched new fuel stations including in Buraydah, Bahr Abu Sakina in Asir, and on the Madinah-Yanbu Highway; completed sale-and-leaseback transactions for nine stations and loan repayments; and recommended dividends, capital increases via bonus shares, and statutory reserve transfers.