< Previous30 APRIL 2025 TOP KSA CONTRACTORS NESMA & PARTNERS Nesma & Partners has cemented its position as one of Saudi Arabia’s most infl uential EPC contractors, continuously raising the bar for quality, effi ciency, and innovation. With annual consolidated revenues exceeding $5.6 billion (SAR21 billion) and a legacy of over 40 years, the company plays a vital role in shaping the kingdom’s infrastructure and built environment. Over the past year, Nesma & Partners has delivered several groundbreaking projects, including the Zallal Project for Diriyah Company, executed under an accelerated timeline without compromising on quality. Another signifi cant achievement is its contribution to the Riyadh Metro Line 3 ANM Consortium, which offi cially began operations in December 2024, transforming the city’s urban mobility. These successes, coupled with multiple industry accolades in governance, compliance, and sustainability, refl ect the company’s dedication to delivering projects that make a lasting impact. With a consolidated workforce of over 58,000 professionals and a consolidated backlog valued at approximately $10.7 billion (SAR40 billion), the company is executing a diverse portfolio of projects. From the iconic King Salman Park, Aramco Master Gas Plant, and The Line at NEOM to the Diriyah-Qurain Project and the Avenues Riyadh mall, the fi rm is actively involved in some of the kingdom’s most ambitious developments. Its long-standing relationships with major clients such as Saudi Aramco, NEOM, Qiddiya, and Diriyah Company showcase its technical expertise and ability to handle complex, large-scale ventures. Additionally, innovation is embedded in the company’s operations, with advanced digital solutions such as AI-driven analytics, real-time BIM modeling, and automated procurement systems enhancing effi ciency and precision. Sustainability remains a core focus as well, with initiatives including renewable energy integration, large scale tree planting, and LEED-certifi ed developments reinforcing its environmental stewardship. Through the WAD2 initiative, Nesma & Partners is set to provide 50,000 training opportunities for Saudi nationals by 2028, further strengthening local talent. With strategic acquisitions like Kent in early 2024 and ongoing collaborations with key industry players, the company continues to evolve, driving progress across Saudi Arabia’s construction and infrastructure sectors. 1 200+ Number of successfully completed projects CW_Apr2025_30-41_Top KSA Contractors_13559019.indd 3031/03/2025 19:01APRIL 2025 31 TOP KSA CONTRACTORS EL SEIF ENGINEERING CONTRACTING El Seif Engineering Contracting has cemented its position as a leader in Saudi Arabia’s construction sector, renowned for delivering large-scale, high-profi le projects focused on innovation and sustainability. Established in 1975, El Seif has consistently evolved to align with global best practices, integrating cutting-edge technologies and modern construction methodologies to add value to their clients and raise industry standards. 2024 has been a landmark year for the company, particularly in the adoption of Modern Methods of Construction (MMC). In a groundbreaking joint venture with Samsung C&T, ESEC will launch a state-of-the-art MMC facility, that will revolutionise modular construction in the kingdom. This initiative is set to streamline off site manufacturing, reduce project timelines, and enhance the overall effi ciency of teams. Additionally, ESEC, in collaboration with King Abdulaziz City for Science and Technology (KACST), has signed technology licensing agreements for the “Carbon Nanotubes (CNT)” project and the “Saudi Home in 30 Days” project, further reinforcing its commitment to innovation and technological advancement. El Seif is delivering transformative developments across Saudi Arabia, including the Diriyah Gate Infrastructure Construction (85% complete), Qiddiya Waterpark (90% complete), and Residential Complexes in South Borders – Jizan (92% complete). The company has also secured major contracts, such as the Qiddiya Speed Park and King Salman Knowledge District, further solidifying its role in Saudi Arabia’s ambitious urban expansion. Moreover, El Seif has been at the forefront of digital innovation, becoming the fi rst Saudi company to achieve the BSI Kitemark certifi cation for BIM ISO 19650. The company’s Digital Transformation Program Offi ce (DTPO) spearheads advancements in AI, machine learning, IoT, and virtual reality to enhance project management and effi ciency. El Seif’s sustainability eff orts have received mutiple accolades as well. With a strong focus on green building practices, energy-effi cient designs, and ISO-certifi ed management systems, the company continues to drive forward Saudi Arabia’s Vision 2030 goals. As the company expands its workforce and capabilities, it remains dedicated to shaping the kingdom’s built environment through technological excellence, sustainable construction, and visionary leadership. 2 100+ Number of megaprojects completed CW_Apr2025_30-41_Top KSA Contractors_13559019.indd 3131/03/2025 19:0232 APRIL 2025 TOP KSA CONTRACTORS AL-AYUNI INVESTMENT & CONTRACTING COMPANY Founded in 1960, Al-Ayuni Investment & Contracting Company has established itself as a reputable leader in infrastructure and superstructure development in Saudi Arabia. Specialising in projects ranging from highways and rail networks to intricate tunnels, water systems, airports, and universities, Al-Ayuni remains at the forefront of the kingdom’s economic evolution. In just the past year, the company has delivered several milestone projects. These include the major infrastructure for Triple Bay Amaala, and the Rua Al Madinah Infrastructure & Tunnels, completed in a highly sensitive urban area adjacent to the Holy Mosque. The latter required not only advanced technical execution, but also seamless stakeholder management and complex traffi c management in one of the most sacred locations in the world. Al-Ayuni’s work in NEOM further highlights its capabilities, with the excavation of the Trojena Lakebed and the launch of tunnelling operations for the Vault Time Travel Tunnel, the latter requiring a uniquely designed TBM to operate on a steep 41% slope. These were complemented by the delivery of the Makkah Bus Stations Project, the Dareen Beach Development in Jubail, and the fi rst and second phases of the Almughammas Strategic Tanks, strengthening national water resilience. Currently, Al-Ayuni is leading critical infrastructure programs across the kingdom. The company is at the heart of the Diriyah infrastructure (Phase 2) and is spearheading the infrastructure for the Special Integrated Logistics Zones (SILZ) at King Khalid International Airport. In Riyadh, Al-Ayuni continue to deliver major arterial works such as the Second Southern Ring Road and Imam Muslim Road, as part of Riyadh Road development program led by Royal Commission of Riyadh City (RCRC), in addition to key infrastructure packages in NEOM’s Highway 55. What sets Al-Ayuni apart is its end-to-end operating model backboned by Alayuni’s strong self- performance capabilities model, off ering control of its critical construction value chain. With over 8,000 equipment assets, more than 12,000 employees, 3 CW_Apr2025_30-41_Top KSA Contractors_13559019.indd 3231/03/2025 19:02APRIL 2025 33 TOP KSA CONTRACTORS and factories of construction material and supply chain management, the company delivers unmatched agility, reliability, and scale, making it a preferred local partner for global players. Over the years, Al-Ayuni has formed strategic partnerships with top-tier international fi rms. It played a key role in the CTW 400 North-South Railway Project in partnership with China Civil Engineering Construction Corporation (CCECC). This successful journey continues with the formation of major partnerships, including collaborations with Limak in NEOM, China Harbor (CHEC) for Riyadh’s Second Southern Ring Road, and Samsung C&T on Riyadh Metro Line 7— testaments to Al-Ayuni’s global standards and local insight. To stay ahead in a rapidly evolving market, Al-Ayuni has embarked on a comprehensive transformation, strengthening its integrated construction capabilities across fi ve key areas: infrastructure, superstructure, investment and development, joint ventures and partnerships, and construction capabilities. This transformation is reinforced by in-house operations and a streamlined construction supply chain, covering equipment leasing, asphalt and concrete production, precast and modular systems, façade and joinery works, MEP engineering services, and aluminium and glass fabrication. Innovation remains at the core of Al-Ayuni’s strategy, driven by collaborations with both local and international R&D institutions, ensuring the adoption of cutting-edge construction technologies. The company has implemented advanced drilling and blasting solutions, signifi cantly improving cycle times while enhancing excavation quality and site safety. Additionally, its proactive approach to environmental sustainability includes the integration of dust control technologies to minimise particulate emissions, and improve air quality and working conditions, particularly in arid project environments. Recognising the surging demand for residential development in Saudi Arabia, Al-Ayuni has taken the lead in hybrid modular construction systems— an approach that not only accelerates project timelines but also reduces carbon emissions. These innovations go beyond mere enhancements; they form the foundation of Al-Ayuni’s commitment to excellence, sustainability, and technological advancement in the sector. As the company grows its portfolio, it continues to play a pivotal role in shaping the kingdom’s infrastructure and superstructure landscape. Positioned as a trusted partner for both local and international collaborators, Al-Ayuni remains dedicated to fostering growth through forward- thinking, eco-friendly solutions. With a fi rm commitment to Vision 2030, the company prioritises strategic investments, pioneering engineering, and transformative partnerships to drive long-term development. Over the years, Al-Ayuni has formed strategic partnerships with top-tier international firms” 25,000+ Number of employees globally CW_Apr2025_30-41_Top KSA Contractors_13559019.indd 3331/03/2025 19:0234 APRIL 2025 TOP KSA CONTRACTORS ALMABANI Since its founding in 1972, Almabani has played a signifi cant role in shaping Saudi Arabia’s construction sector. Evolving from a niche contractor to a major industry player, the company has consistently delivered high-profi le projects that defi ne the kingdom’s infrastructure landscape. Almabani’s journey is marked by milestones such as the successful execution of military airbases, major airport developments, Riyadh’s road and infrastructure developments and border demarcation eff orts across Saudi Arabia’s frontiers. Notably, the company overcame extreme logistical challenges to execute projects in the Empty Quarter. A defi ning moment in Almabani’s history was its involvement in delivering the $12 billion (SAR45 billion) Riyadh Metro Project in collaboration with Bechtel, CCC, and Siemens. The Public Investment Fund (PIF) recently became a shareholder in Almabani, strengthening its position as a strategic force in the kingdom’s development. This partnership enhances Almabani’s fi nancial capabilities, allowing it to expand into more complex, large-scale projects that align with Vision 2030’s ambitious goals. As a trusted partner in Saudi Arabia’s Vision 2030, Almabani continues to infl uence the nation’s infrastructure and urban mobility. The company played a key role in the Riyadh Metro’s successful handover, developed airfi elds for the Red Sea Airport, and is currently engaged in major projects such as the Six Flags Qiddiya theme park, the Sharaan Resort in Al Ula, and King Salman International Airport. Almabani’s cutting- edge approach to development ensures that these projects elevate the kingdom’s global standing. Almabani’s expertise extends to landmark projects such as the RCRC Road Projects, where it is constructing 17 bridges to improve Riyadh’s traffi c fl ow, and the record-breaking Six Flags Qiddiya amusement park. The company is also a leading contractor in the SBF Program, a 135km-long linear park designed to promote active lifestyles in Riyadh. With a steadfast focus on quality, innovation, and reliability, Almabani continues to reshape Saudi Arabia’s construction landscape, delivering world-class infrastructure that supports the kingdom’s dynamic future ambitions and urban growth in the next few years. 4 300+ Total number of executed projects CW_Apr2025_30-41_Top KSA Contractors_13559019.indd 3431/03/2025 19:02APRIL 2025 35 TOP KSA CONTRACTORS ALFANAR PROJECTS Next on the list is Alfanar Projects, a company that continues to transform the construction and infrastructure landscape in Saudi Arabia through advanced engineering, sustainable solutions and digital transformation. With a robust portfolio of large-scale projects, the company has achieved signifi cant milestones in the last year, demonstrating its willingness to deliver quality projects in the kingdom. In 2024, Alfanar Projects celebrated fi ve key achievements: the completion of the NEOM Construction Village, the Tuwaiq Casting and Forging Facility, and the Bisha Battery Storage Project, which set a world record for rapid execution. Additionally, the company secured a contract for four converter stations as part of the largest High Voltage Direct Current (HVDC) project and made remarkable progress on the Jazan Entertainment Complex. Currently, Alfanar Projects is executing projects valued at $11.2 billion (SAR42 billion) including the Jazan Entertainment Complex, which is 73% complete at $267 million (SAR1 billion), the HVDC Converter Station, at 20% completion with a budget of $3.7 billion (SAR14 billion), and a 10GWh Battery Energy Storage System (BESS), progressing at 5% with a total investment of $667 million (SAR2.5 billion). Over the past year, the company secured 40 new projects, collectively worth $8 billion (SAR30 billion), reinforcing its role as a leader in the Saudi construction sector. Alfanar Projects’ focus on effi ciency, sustainability, and digital transformation is also one to note. The company employs modular construction, Building Information Modeling (BIM), and Lean principles to optimise project execution. Its sustainability initiatives include leadership in renewable energy projects like BESS and HVDC, waste management programmes and environmental impact assessments. The company also leverages modern digital tools, including ERP systems, remote monitoring via IoT sensors and drones, and real-time analytics dashboards. With a workforce that expanded from 22,000 to 28,000 employees in 2024, strategic alliances securing over $5.3 billion (SAR20 billion) in projects, and investments in workforce development, Alfanar Projects continues to drive Saudi Arabia’s construction sector forward, moulding the kingdom’s sustainable and digital future. 5 $11.2BN Total value of Alfanar Projects’ project portfolio CW_Apr2025_30-41_Top KSA Contractors_13559019.indd 3531/03/2025 19:0336 APRIL 2025 TOP KSA CONTRACTORS IHCC IHCC is leading the charge in transforming the construction landscape across the MENA region, playing a central role in some of the most high-profi le projects in Saudi Arabia, UAE, Egypt, and Morocco. Over the past year, the company has become a key driver behind major gigaprojects that push the limits of innovation and design. With a reputation for delivering comprehensive and sophisticated construction solutions, IHCC is setting new standards in the healthcare, education, hospitality, mixed-use, and commercial sectors. Among its most impressive achievements is the Alexandria Medical City in Egypt, a monumental healthcare project that spans 90,000m2 and includes a 300-bed hospital and cutting-edge medical facilities, delivered as a turnkey solution. In Dubai, IHCC successfully completed the Centre of Excellence Towers, a complex of four luxury mid- rise buildings within the Dubai Healthcare City. The company is also heavily involved in several prominent developments for the Public Investment Fund (PIF), including luxury resorts, a wellness retreat in Taif, and advanced educational facilities across Saudi Arabia. IHCC’s portfolio of ongoing and completed projects includes luxury resorts, high-tech universities, advanced medical cities, and mixed-use developments, with a combined value in the billions. This vast array of projects highlights the company’s ability to manage complex, large-scale developments with precision and expertise. In addition to its project profi ciency, IHCC’s focus on innovation is refl ected in its specialised business units, such as MEP, fi t-out, and sustainability services. The company also established IHCC Industries which excels in local metal works and façade solutions, providing essential services that support the development of the regional construction industry Under the leadership of Sultan Batterjee, IHCC continues to align its operations with Saudi Arabia’s Vision 2030, driving advancements in construction technology with modern tools like Building Information Modeling (BIM). This embrace of digital transformation allows the company to improve project effi ciency, enhance design accuracy and foster better collaboration among stakeholders. As it moves forward with its continued expansion and growth, IHCC is set to remain a key player in the region’s development, helping shape the future of infrastructure on both the regional and global stages. 6 8000 Total number of projects completed CW_Apr2025_30-41_Top KSA Contractors_13559019.indd 3631/03/2025 19:03APRIL 2025 37 TOP KSA CONTRACTORS 7 8 9 ALBAWANI Founded in 1991, AlBawani has grown into one of Saudi Arabia’s premier construction fi rms, recognised for its steady expansion and diverse portfolio. Collaborating with governmental and private entities, the company plays a key role in advancing Vision 2030. A major milestone was its strategic alliance with the Public Investment Fund (PIF), strengthening its capabilities and boosting local supply chains. Under CEO Fakher Alshawaf, AlBawani champions digital transformation, integrating new technologies to enhance effi ciency. With a strong track record of timely project delivery and innovation, AlBawani upholds corporate governance, social responsibility, and a robust HSE culture, reinforcing its position as a driving force in Saudi Arabia’s development. ALKIFAH CONTRACTING COMPANY Alkifah Contracting Company has experienced major growth over the past year, expanding its operations in line with KSA’s Vision 2030. The company has diversifi ed into MEP, energy solutions, infrastructure, and earthmoving, launching new specialised fi rms and investing in workforce development through mentorship and succession planning. Strengthening partnerships, Alkifah established a vendor relationship department and introduced a sustainability strategy focused on environmental, social, and governance pillars. A robust loss prevention system further reinforces its commitment to safety. Recent projects include Sedra District Phase 1B, and Ewan Mews in Jubail. Looking ahead, Alkifah aims to lead in entertainment, sports, and hospitality construction, leveraging innovation and technology to shape the future. CONSTRUCTION & PLANNING CO. (C&P) Construction & Planning Co. (C&P) has fi rmly established itself as a leading contractor in Saudi Arabia, delivering major successes across diverse megaprojects. Its reputation for excellence is refl ected in high-profi le appointments, including Riyadh Air HQ and Osool’s ECI Digital City 02, alongside First Avenue’s 34,000m2 business hub and Jeddah’s La Perle Mall. C&P has also completed prestigious headquarters for Red Sea Global, the Ministry of Economy and Planning, and Buro Happold. With LEED-certifi ed projects supporting Vision 2030, new subsidiaries, and expansions into Egypt and China, the company continues to grow. Looking ahead, it plans to drive further megaprojects, sustainability eff orts and strategic mergers and acquisitions. CW_Apr2025_30-41_Top KSA Contractors_13559019.indd 3731/03/2025 19:0338 APRIL 2025 TOP KSA CONTRACTORS BEC ARABIA BEC Arabia has cemented its position as a leading contractor in Saudi Arabia, playing a pivotal role in shaping the kingdom’s construction sector. Over the past year, the company has achieved signifi cant milestones, successfully delivering high-profi le projects aligned with Vision 2030 and expanding its operations through strategic acquisitions. With an active project portfolio valued at over $5.3 billion (SAR20 billion), BEC Arabia is driving innovation across multiple sectors. The company’s key developments include STC Square, a smart mixed-use project spanning 120,000 m², and the AMAALA Employee Village, providing essential infrastructure for the workforce of one of Saudi Arabia’s premier luxury tourism destinations. Additionally, the Wave II Project, a public-private partnership (PPP), will see BEC Arabia construct 60 schools across 44 sites. In the past year alone, BEC Arabia secured $453 million (SAR1.7 billion) in new contracts, including AMAALA Hospital, Triple Bay Civic Assets, and La Gara Tower in Riyadh. The company maintains a robust project pipeline exceeding $4 billion (SAR15 billion), further strengthening its market presence. Recognising the critical role of digital transformation, BEC Arabia is at the forefront of implementing BIM, AI-driven analytics, and Digital Twins to enhance effi ciency and streamline construction processes. Sustainability remains a core priority, with projects integrating renewable energy solutions, waste reduction strategies, and LEED-certifi ed designs. The company’s eff orts include a large- scale native plant restoration initiative in NEOM and a sustainability report highlighting its 50% reduction in water consumption and 5,000 tons of waste diverted from landfi lls in 2024. BEC Arabia has signifi cantly expanded its workforce with a strong commitment to Saudisation and talent development. The company has introduced specialised training programs to enhance the skills of its employees and has formed strategic partnerships with leading global engineering and technology fi rms, ensuring access to cutting-edge construction methodologies and sustainable building practices. Now, with the launch of a new offi ce in Egypt, now home to 200 engineers and an expanding regional footprint—BEC Arabia continues to enhances their technical capabilities, streamline processes, and strengthen collaboration, ensuring seamless execution and quality. 10 $5.3BN Active project portfolio of the company CW_Apr2025_30-41_Top KSA Contractors_13559019.indd 3831/03/2025 19:03APRIL 2025 39 TOP KSA CONTRACTORS MOFARREH AL-HARBI & PARTNERS Mofarreh AlHarbi & Partners has established itself as a prominent leader in Saudi Arabia’s construction sector, marking signifi cant progress with a strong track record of achievement and innovation. Headquartered in Dammam, with strategic branches across the kingdom—including Riyadh and NEOM— the company is well-positioned to meet the diverse needs of its clients nationwide. The company’s robust project portfolio encompasses critical infrastructure developments and essential site preparation works for major clients such as NEOM, Aramco, NPCC, and RCJY. With an unwavering focus on both quality and effi ciency, Mofarreh AlHarbi & Partners has solidifi ed its position as a trusted partner in Saudi Arabia’s ambitious growth trajectory. Their scope of work includes early-stage project preparation, site development, and comprehensive infrastructure works, each executed with precision and expertise. A key factor behind Mofarreh’s continued success is its commitment to sustainability and digital transformation. The company has embraced cutting- edge technologies, including advanced ERP systems and drone technology, to streamline operations and drive innovation across its projects. This forward- thinking approach has greatly enhanced operational effi ciency, setting new standards in the industry. Mofarreh’s dedication to environmental stewardship is equally impressive. The company has made substantial investments in Building Information Modelling (BIM) and has taken signifi cant steps towards environmental sustainability, including the appointment of a dedicated sustainability manager for its NEOM projects. This proactive approach not only supports the kingdom’s Vision 2030 objectives but also reinforces Mofarreh’s role as a champion of sustainability in the construction sector. In addition to technological advancements, Mofarreh AlHarbi & Partners places a strong emphasis on workforce development, ensuring that its teams are equipped with the skills and knowledge to meet the demands of an evolving industry. As a key player in the nation’s construction landscape, Mofarreh AlHarbi & Partners is poised to continue setting new benchmarks for excellence. Its alignment with the kingdom’s Vision 2030, particularly in areas such as economic diversifi cation and sustainable development, ensures that the company will remain at the forefront of Saudi Arabia’s ambitious infrastructural evolution for years to come. 11 2030 The company is aligned with the vision of the kingdom CW_Apr2025_30-41_Top KSA Contractors_13559019.indd 3931/03/2025 19:04Next >