MASCO was founded in 1968 by Mohammed Ali Alswailem. Who had started his carrier in early 1950’s as an employee in Arab American Oil Company (Aramco) which sharpen his talent and vision to establish in mid 1960s his own sole partnership corporation which was solely specializing in road construction.
Mohammed Al Ali Al Swailem Trading & Contracting Co. was established as a Saudi limited liability company in 1984 with a capital of SR 3 million.
In 2006, the company increased its capital from SR 3 million to SR 100 million. The company was converted into a closed shareholding company in 2007.
In 2011, the company increased its capital to SAR 550 million.
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