ARTEX Industrial Investment Company (2340.SR) manufactures and sells rugs, carpets, and related home furnishing products in the Kingdom of Saudi Arabia, Asia, North America, Africa, Europe, and Australia; it produces tufted and woven carpets, BCF yarns, polypropylene yarn, carpet backings, masterbatches, plastic dyes, cardboard pipes, carpet linings, and blankets, while also providing staff accommodation, transportation, and training services. Headquartered in Riyadh, Saudi Arabia, and founded in 1981 as Saudi Carpet Factory before becoming a joint stock company listed on the Saudi Tadawul in 2007 as Al Abdullatif Industrial Investment Company, the firm targets manufacturers, exporters, importers, and retailers in the consumer durables sector. In July 2024, the company changed its name to ARTEX Industrial Investment Company; more recently, in November 2025, it extended a binding memorandum of understanding with Jazan Development and Investment Co. and Ethraa Holding to sell stakes in Al Reef Sugar Refining Co. (RESRECO), pending approval from the Saudi Industrial Development Fund.