Contractor profiles: Leading Saudi firms involved in the mega-projects

Issue 1131 - 03 Aug 2021 | 1 minute read

Having built up a list of local construction firms working on the giga-projects, GSN has analysed the shareholding records for several contractors, using data provided by Diligencia in a partnership to help sharpen understanding of those involved. It shows that the companies most heavily involved are often decades old, with the exception of Saudi Real Estate Infrastructure Company (Binyah). They are mainly in private hands (Red Sea International is an exception) and often held by generations of the same family.

Al-Bawani: A ‘significant presence’

Alkifah: Red Sea EPC contractor

Almabani: Kamal Adham’s creation

Binyah: Doing well from PIF contracts

El Seif: Merchant family’s prudent stance

Nesma & Partners: Survivors from an earlier boom

Sajco, CCE AND Satco: Other players

Saudi giga-projects


Published in July 2021, this map of Saudi Arabia indicates international airports as well as the various giga-projects under development across the country. Read more.