Prior Ventures
Selected exited ventures demonstrate Xenel's strategic approach to fostering growth, driving sustainability, and guiding businesses toward successful transitions.
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CTCI ArabiaCTCI Arabia was established in 2002 as a subsidiary of CTCI Corp., the largest integrated EPC (engineering, procurement, and construction) firm in Taiwan, with around 7,000 employees worldwide.
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Hub Power Company (Hubco)Hubco was initiated and developed by Xenel in response to the Pakistani government's invitation for private sector participation in energy projects.
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NEC Saudi Arabia (NECSAL)NECSAL was established in 1980 in Saudi Arabia, as a joint venture between Xenel and NEC Corporation Japan, a pioneer in communications and computer development.
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National Petrochemical Industrial Company (NATPET)Founded by Xenel in 2009, NATPET is a polypropylene manufacturing complex in Yanbu Industrial City, KSA, with a production capacity of 400,000 tons per year.
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Saudi Cable Company (SCC)SCC was established in the mid-1970s as a joint venture between Xenel and Anaconda, the US-based cable company. Under Xenel’s leadership, SCC has grown into one of the largest cable companies in the Middle East and has been listed on the Saudi Stock Exchange since 1988.
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Saudi MiebachSaudi Miebach was established in 2010 as a joint venture between ABT, a subsidiary of Xenel, and Miebach, a leading German supply chain and logistics advisory and engineering firm.
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XECAXECA is a joint venture between Xenel and Computer Associates. The company delivers IT strategies, solutions, and services to a wide range of clients throughout the MENA region.