Haif Company

What Haif Company does

Haif Company (شركة هيف) is a privately held Saudi Arabian construction and contracting firm founded in 1976 and headquartered in Riyadh. It operates through three core service divisions — Buildings, Infrastructure (roads, bridges, tunnels, water and sanitation networks, rock blasting), and Energy & Communications (electrical substations up to 132 kV) — supplemented by wholly-owned manufacturing subsidiaries producing ready-mix concrete, aggregates, and asphalt. With 13,000 employees and engineers and a large heavy equipment fleet, Haif executes mega-projects for government ministries, state-owned enterprises, and Vision 2030 giga-project developers across all major Saudi regions.

The company's customer base is concentrated in the public sector and includes the Ministry of Health (King Fahd Hospital Jazan, Asir Central Hospital), Ministry of Housing, Ministry of Interior (King Abdullah Project for Development of Security Centers), Saudi Electricity Company, SALIC Group / National Grain Company (Yanbu Grain Handling Terminal), and Vision 2030 owners including NEOM, Qiddiya, Red Sea, Diriyah, King Salman Park, and AMAALA. Reported project metrics include 8 billion SAR in ongoing mega-projects and 18-30 billion SAR in completed mega-project value over its history (with conflicting figures between sources). The company is family-owned, with Sheikh Haif Bin Mohammed Bin Abboud Al-Qahtani as President and founder and family members in deputy general management roles.

Haif generates revenue through project-based construction contracts awarded via government procurement and direct enterprise sales, often through joint ventures with international partners such as Freyssinet and Fresini for Vision 2030 packages. Pricing is not publicly disclosed and is structured around one-time project awards. The vertically integrated manufacturing footprint — concrete plants in Khamis Mushait, Jeddah, Makkah, Jizan, and Al-Wusta; crushers in southern, central, and western regions; and asphalt plants across all regions — provides cost control on bulk materials and supports simultaneous execution of geographically dispersed projects. Distribution is single-country/domestic in Saudi Arabia, with no international footprint disclosed.

Name

Haif Company

Legal name

Haif Company

Website

https://www.haifcompany.com/en/

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Haif Company is a construction firm that provides interior design, general contracting, and project management services.

Ownership category

akta.pro rank

Product category

General Construction Contracting

SIC

General Bldg Contractors - Nonresidential Bldgs (1540)

akta.pro primary industry

Building Automation & Controls (BAS/BMS) Contracting (IMAFALAE)

Keywords

• General construction contracting
• Infrastructure construction services
• Building construction services
• Ready-mix concrete production
• Asphalt and aggregate supply

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Others

Revenue model

1. Construction contracting: Revenue from design and execution of building construction, infrastructure, energy, and communications projects for government and private clients

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Haif Company is a comprehensive general construction and contracting firm that designs and executes buildings, infrastructure (roads, bridges, tunnels, water and sanitation networks), and energy/communications projects for government and private clients in Saudi Arabia. Operations are supported by in-house manufacturing of ready-mix concrete, aggregates, and asphalt through plants in Khamis Mushait, Jeddah, Makkah, Jizan, and Al-Wusta, and a large heavy equipment fleet.

Product overview

Haif Company is a comprehensive construction and contracting firm established in 1976 in Saudi Arabia, offering an integrated portfolio of services. The company operates through its core divisions: Buildings Division (construction of residential, commercial, and governmental facilities), Infrastructure Division (roads, bridges, tunnels, water/sanitation networks, rock blasting), and Energy & Communications Division (electrical substations up to 132 kV). Supporting these operations, the company maintains a network of manufacturing facilities including ready-mix concrete plants (since 1978), aggregate crushers (southern, central, western regions), and asphalt factories (all regions). The company is executing major Vision 2030 projects including NEOM, Qiddiya, King Salman Park, and the Red Sea development.

Differentiator

Problem solved

Functional benefit

Products and services

• Buildings Division (Haif Contracting - Buildings) Design and construction of residential, commercial, and governmental building projects for government ministries and private clients in Saudi Arabia; the foundational division from which Haif Company expanded into broader contracting activities.
• Infrastructure Division (Haif Contracting - Infrastructure) Comprehensive infrastructure construction services including roads, bridges, tunnels, water and sanitation networks, and rock blasting operations for public-sector and mega-project clients across Saudi Arabia.
• Energy and Communications Division Construction of electrical energy infrastructure including substations up to 132 kV capacity for Saudi Electricity Company and other energy and communications clients.

Quantifiable outcome

• Completion of mega projects worth 18-30 billion SAR
• +1 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Freyssinet Saudi ArabiacoreStrategic or Co-development Partner · 28 April 2018Joint venture partner for Qiddiya project - 1.1 billion SAR contract for roads and bridges implementation on the upper plateau. Partnership established for major Vision 2030 mega-project execution.
• Fresini Saudi ArabiacoreStrategic or Co-development PartnerJoint venture partner for King Salman Park infrastructure works. Partnership for design and construction of roads and basic facilities supporting Vision 2030 objectives.
• Qiddiya Investment Company (QIC)coreStrategic or Co-development PartnerClient and project owner for Qiddiya mega-project. Awarded 1.1 billion SAR contract to Haif-Freyssinet joint venture for roads and bridges construction.
• Khatib & AlamiminorImplementation/ SI/ Consulting PartnerConsulting firm appointed to review designs and oversee implementation of King Abdullah Project for Security Centers
• Saudi Electricity CompanycoreStrategic or Co-development PartnerMajor client for energy sector projects including substations and electrical infrastructure across Saudi Arabia
• Ministry of InteriorcoreStrategic or Co-development PartnerOwner of King Abdullah Project for Development of Security Centers (KAP-1) - project value exceeding 500 million SAR

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Saudi Binladin Group: Saudi Arabia's largest construction group with deep government relationships across buildings, infrastructure, and mega-projects. Direct competitor for the same Vision 2030 and ministry tenders Haif pursues, with materially larger scale and longer mega-project track record.
• Al-Bawani: Leading Saudi general contractor active across buildings, infrastructure, and industrial projects with strong government client base. Competes head-to-head with Haif on Vision 2030 mega-project packages and ministry contracts.
• El-Seif Engineering Contracting: Major Saudi contractor executing buildings, infrastructure, and specialized facilities for government clients. Comparable in scale and customer mix to Haif, frequently bidding on the same mega-project packages.
• Al-Rashid Trading & Contracting: Long-established Saudi general contractor with multi-decade track record across buildings, roads, and infrastructure. Competes with Haif for government tenders and shares similar vertically-integrated operating model.
• Nasser Al-Hajri Corporation: Saudi diversified contractor with capabilities spanning civil, mechanical, electrical, and oil & gas construction. Comparable to Haif in scope of services and government customer focus, including Vision 2030 project participation.
• Al Mabani General Contractors: Saudi general contractor with capabilities in buildings, infrastructure, and industrial projects for government clients. Direct peer in domestic bidding for Saudi ministry and mega-project tenders.

Broad incumbents

• Freyssinet: International specialty contractor (VINCI subsidiary) focused on structural works, post-tensioning, bridges, and complex infrastructure. Currently Haif's JV partner on the Qiddiya roads and bridges contract and a logical comparison point for technical capability rather than full-service contracting.
• VINCI Construction: Global infrastructure and building contractor with deep public-sector experience across transport, energy, and urban development. Relevant benchmark for Haif's joint-venture partner (Freyssinet) parent and for international mega-project execution standards.

Regional players

• Al Habtoor Group: UAE-based conglomerate with significant construction and infrastructure operations across the Gulf. Comparable in scale and end-market exposure to government-driven mega-projects, but operating primarily in UAE rather than Saudi Arabia.
• Arabtec Construction: UAE-headquartered contractor with regional mega-project experience including towers, infrastructure, and government buildings. Provides a Gulf regional comparison point for firms bidding on similar scale government work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/HaifCompany

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Haif Company