Maaden is the largest multi-commodity mining and metals company in the Middle East. It contributes 20% to Saudi Arabia’s non-oil exports. In February 2025, Maaden completed the acquisition of SABIC’s 20.62% stake in Aluminium Bahrain (Alba) for $966.3 million. In the same month, it issued its first international senior unsecured sukuk with a total face value of $1.25 billion. The PIF holds a 65.2% majority stake in Maaden.