10/08/2017 05:53 AST

SHAKER Group, through its subsidiary (ESCO) specialized in Energy Solutions, has attained another new success by obtaining the Certificate of Qualification granted by the Saudi Energy Efficiency Center (SEEC) as the first Saudi company in the private sector to honor this all-inclusive accreditation. The company's entitlement to this position is attributed to its fulfillment of the relevant requirements and conditions, in addition to the Company's long experience in the field, quality of services and solutions in energy efficiency demonstrated by a portfolio of environmentally friendly projects done by the Company during the past years, up-to-date technologies, attainment of certificates of excellence, and high-level of human and executive experiences.

Jameel Abdullah Al Molhem, Managing Director of Shaker Group, praised the Shaker Group's success. He said: "Shaker Group enjoys a good reputation in energy efficiency solutions, it skillfully adopted a lofty goal that we all aspire to achieve: to deliver the best and latest methods to reduce waste and to achieve the highest efficiency in the use of energy resources enjoyed by our beloved Kingdom. Our eligibility for this certificate issued by the Saudi Center for Energy Efficiency entitles us to provide smart services and apply them to the buildings in the Kingdom including the current ones and those which are under the planning phase. This confirms that Shaker Group's is utilizing the most innovative approaches in its products and services in line with Kingdom's Vision 2030 that aimed at making Saudi Arabia a pioneering model in energy efficiency solutions and renewable energy's smart application in all projects and buildings, not only in the region, but at the highest international levels."

Under this certification, ESCO will deliver architectural design services dedicated to energy efficiency criteria, management of energy efficiency projects in buildings, data review and buildings thoroughness, deliverance of energy efficiency solutions, measurement services and verification of energy consumption rates.

The EMS is also a subsidiary of Shaker Group established in 1991 as the first one in the Middle East to provide Energy Management Solutions, with over 25 years of regional experience. Shaker Group projects are covering the residential, commercial, airports, hospitals, banks, shopping malls and government buildings. They are milestones that boost the Group's march of marvelous performance in the Kingdom.


Saudi Gazette

Shaker Group posts robust H1 results; revenue hits record $205m

05/08/2025

Al Hassan Ghazi Ibrahim Shaker Company (Shaker Group), a leading manufacturer, importer, and distributor of air conditioners and home appliances in Saudi Arabia, has delivered solid results for the f

Trade Arabia

Shaker receives 'LG Best After-Sales Service Performance Award'

25/05/2017

SHAKER Group, the sole distributor for LG Air Conditioners, and global Home Appliances brands Indesit, Ariston, Maytag, Bissell, Kitchen Aid and Midea in Saudi Arabia, has achieved a new record added

Saudi Gazette

Shaker Group kicks off free maintenance drive for LG air-conditioners

22/03/2016

In keenness of its constant growth in the air conditioning products and persistent dedication towards customers' satisfaction, Shaker Group, the exclusive sole agent for LG air-conditions in Saudi Ar

Saudi Gazette

Ticker Price Volume
SHAKER Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
RIYADHCABLES 127.30 3.10 (2.49%)
ASTRAINDUSTRIAL 137.50 2.30 (1.70%)
ALBABTAIN 71.65 0.75 (1.05%)
SAUDICERAMICS 27.52 -0.38 (-1.37%)
GAS 16.75 0.27 (1.63%)
NBB plays key role as Joint Lead Manager in Bahrain's $1bn sovereign bond issue

18/06/2026

National Bank of Bahrain (NBB) acted as Joint Lead Manager and Bookrunner in Bahrain's successful $1 billion 10-year international bond issuance.

The bank's involvement reinforces its role

Trade Arabia

NBK launches rewarding cashback offers for new credit card customers

18/06/2026

As part of its firm commitment to providing a seamless and comprehensive digital banking experience, and its continuous dedication to rewarding its customers and delivering added value that meets the

Kuwait Times

Al Mohafaza Education Reschedules Interest-Free Loan with Related Party

17/06/2026

Al Mohafaza Company for Education has announced the rescheduling of an interest-free loan obtained earlier this year from Maroum Drilling Medical Services Company, a related party. The loan, valued a

Gulfbase

Dar Al Majed Real Estate Expands Presence with New Jeddah Sales Center

17/06/2026

Dar Al Majed Real Estate Company, known commercially as Al Majdiah, has announced the official opening of its new sales center in Jeddah. The facility is strategically located on King Abdulaziz Road

Gulfbase

NBB unveils Summer Cashback Campaign

17/06/2026

THE National Bank of Bahrain (NBB) has launched its Summer Cashback Campaign, offering credit cardholders the opportunity to maximise their international spending during the peak vacation season.

GDN Online