United Carton Industries Co (Ticker: UCIC AB) is a Saudi Arabian company specializing in the manufacturing of corrugated cartons and cardboard packaging, and is described as the largest in the MENA region. United Carton Industries Co plans to list on the Saudi Exchange (Tadawul) on May 27, 2025, offering 12 million shares at SAR 50.00 per share. The company expects to raise SAR 600 million (approximately USD 160 million). At the time of listing, the company's implied market capitalization is SAR 2 billion (USD 533 million). The offering reportedly represents 30% of UCIC’s total issued share capital.