Abdulaziz & Saad Al Moaji
Abdulaziz & Saad Al-Moajil Trade & Investment Co. loader
العربية

News and Events



Conversion to IFRS project

Since the Kingdom of Saudi Arabia joined the Group of Twenty Finance Ministers and Central Bank Governors (G20) in 2009,the adoption of to International Financial Reporting Standers (IFRS) has been viewed as an important milestone in the country’s future economic development and has been working towards this end ever since.

According to this and the related authorities announcements and circulations on this regard and from Saudi organization for certified public accountants SOCPA , all listed companies are required to adopt IFRS for financial periods beginning on or after January 1, 2017, and all other entities for financial periods beginning on or after January 1, 2018.

Accordingly , AL Moajil group has started the conversion to (IFRS) project , through forming an internal competent team to be in charge for implementing IFRS conversion plan under the leadership of the Group Finance Director and partnership of our strategic partner and consultant “Ernst & Young “ ( EY).

A kick of meeting of the project was held in the corporate office with the attendance of the Group CEO: Eng/Ahad Awaida, Group Finance Director Mr. Mohamed Sadek and the project team, as well as EY project team and EY senior management.



The new our Showroom in Madinah (Coming Soon).
Madinah Showroom
Madinah Showroom
Madinah Showroom
24-Feb-2017:Inauguration of New Showroom by CEO. New showroom for Hardware products was inaugurated on 24-Feb to cope up with the demands of domestic market.
Inaugraution of Qatef Showroom
New Qatef Showrom-Hardware Division
New Qatef Showrom-Hardware Division
01-Feb-2015 :Inauguration of New Showroom by CEO. New showroom for Hardware products was inaugurated on 01-Feb to cope up with the demands of domestic market.
Inaugraution of Jeddah Showroom
New Jeddah Showrom-Hardware Division
New Jeddah Showrom-Hardware Division