imported 2024-03-17 17:43:08
“Al Ajlan Allied Group is divided into two sectors, trading and real estate. Our business is shared equally between trading and real estate,” says Dr Mohammed A. Al-Ajlan, CEO of Ra-yek Real Estate.
Marcopolis.net has ranked the largest public construction firms in Saudi Arabia. The construction sector will continue good growth on the backdrop of government spending. There are many other private family owned construction companies and marcopolis.net will attempt to rank them over here.
Marcopolis.net has ranked the largest industrial companies in Saudi Arabia. In compiling the list, we excluded some the top private companies that are not subject to disclosure.
Marcopolis.net has ranked the largest industrial companies in Saudi Arabia. In compiling the list, we excluded some the top private companies that are not subject to disclosure.
Marcopolis has ranked the largest agriculture companies in Saudi Arabia. The largest agriculture company in the kingdom is Al Marai, followed by Savola and Sadafco as per market value.
The current demand for steel in Saudi Arabia is around 10-12 million tons per year. The current capacity of Saudi steel companies is 8m tons per year. The demand for steel is to grow by 19.5% on the backdrop of large governmental project, infrastructure spending, transportation and most importantly housing projects. 70% of Saudi population does not own any house at all. The supply is supposed to grow by 9%.
Marcopolis.net is ranking the top cement companies in Saudi Arabia according to their market value. Non-listed companies are not included in the ranking. These largest cement companies represent almost 5.4% of the stock market.
Marcopolis.net is ranking the top building material and construction companies in Saudi Arabia according to their market value. Non-listed companies are not included in the ranking.
Al Saedan Real Estate – Opening of the Saudi Capital Markets
The Capital Market Authority’s report disclosed the total market capitalization of the Saudi bourse at 1,945.15 Billion Riyals for the first half of 2014, up 29.93% from last year’s second half.
With a total population of approximately 30 million people, the oil state “is a very dynamic market,” Hassan Kabbani, the CEO of Zain KSA, told Marcopolis in an exclusive interview. “There is a very high level of mobile penetration, reaching more than 180%, and very high level of Smartphone penetration.” Such figures are rare in the emerging markets, but typical for the Gulf Arab oil states with its low population density, but huge distances between the different cities and villages.
