Riyadh Cables Group

What Riyadh Cables Group does

Riyadh Cables Group Company is the largest wire and cable manufacturer in the Middle East and Africa, headquartered in Riyadh, Saudi Arabia, and listed on the Saudi Stock Exchange (Tadawul) under ticker 4142 following a December 2022 IPO of 22% of its capital. Founded in 1984, the company designs and manufactures a comprehensive portfolio of more than 10,000 products spanning Low Voltage (LV), Medium Voltage (MV), High and Extra-High Voltage (HV/EHV) cables up to 500KV, overhead line conductors including Aerial Bundle Cables and High Temperature Low Sag (HTLS) conductors, instrumentation and control cables, renewable energy cables, fiber optic and telephone cables, and vertically integrated raw materials (copper rod, aluminium rod, XLPE/PVC compounding). It operates 15 factories with 264,000 tons of cable production capacity and serves more than 3,000 customers across 22+ domestic and regional locations, exporting to 34+ countries.

The company serves the utilities, construction and infrastructure, oil & gas, renewable energy, and telecommunications sectors through a direct enterprise sales motion, with named customers including NEOM, Saudi Aramco, Royal Commission, stc, Riyadh Metro, SABIC, ROSHN, Saudi Electricity Company, King Abdullah Financial District, DEWA, ADNOC, PDO, Etisalat, and the Electricity Authority of Cyprus. Revenue is generated primarily through hardware sales of cables and conductors on a project and contract basis with B2B enterprise and government customers, supplemented by turn-key project delivery (design, installation, jointing, testing, commissioning, and maintenance). Q2 2026 revenue was SAR 2.93 billion, with analysts converging on a revised 2026 estimate of SAR 11 billion (down from SAR 13 billion), versus historical ~15% annual revenue growth.

The business model is anchored on vertical integration — raw material production through finished cable — and a turn-key HV/EHV project business established in 1995 that competes on full-lifecycle delivery rather than unit price. Distribution is built around 18 domestic branches across Saudi Arabia and four international manufacturing facilities in the UAE (Sharjah), Iraq (Baghdad), Uzbekistan (Tashkent, through the October 2025 Artikul Aziya Kabel acquisition), and Syria (Damascus). The company has recently pivoted capital deployment toward international expansion — a $122 million Uzbekistan acquisition and a Syria factory partnership in February 2026 — while continuing to serve all major Saudi Vision 2030 megaprojects.

Name

Riyadh Cables Group

Legal name

Riyadh Cables Group Company

Website

https://riyadh-cables.com

Company type

Public

Founded year

1984

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Riyadh Cables Group is an appliance, electrical, and electronics manufacturing company.

Ownership category

akta.pro rank

Product category

Wire and Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Other Communication and Energy Wire Manufacturing (335929), Fiber Optic Cable Manufacturing (335921)

SIC

Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Power Cables & Conductors (LV/MV cables, flexible cables, bus wire, armored cable) (IMAGAEAC)

akta.pro secondary industries

Industrial Power Cable (MV/HV) (IMADAMAB), Underground Power Cables (MV/HV/EHV, XLPE, PILC, subsea/land) (EUADADAB), Transmission & Distribution Line Equipment (Bushings, Insulators, Arresters, Conductors, Hardware) (IMAGAAAF)

Keywords

• Power cable manufacturing
• High voltage cables
• Overhead line conductors
• Wire and cable products
• Telecommunications cables

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices23 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain, Operations

Revenue model

1. Cable and Wire Product Sales: Riyadh Cables generates revenue primarily through the manufacture and sale of wires, cables, and conductors across all voltage categories (LV, MV, HV, EHV up to 500KV), overhead line products, instrumentation and control cables, renewable energy cables, and fiber optic/telephone cables. The company also generates revenue from raw material sales (copper rod, aluminium rod, insulation compounds) and cable accessories. Q2 2026 revenue reached SAR 2.93 billion, with approximately 34% of revenues derived from export sales across 34+ countries.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Riyadh Cables Group manufactures and sells a comprehensive range of wires and cables spanning Low Voltage (LV), Medium Voltage (MV), High Voltage (HV), and Extra-High Voltage (EHV) up to 500KV, along with overhead line conductors, aerial bundle cables, HTLS conductors, instrumentation and control cables, renewable energy cables, and fiber optic/telephone cables. The company is vertically integrated from raw materials (copper rod, aluminium rod, XLPE/PVC insulation compounding) through finished cable products, and provides complementary services including cable installation, jointing, monitoring, testing and commissioning, system design, and technical training for utilities, oil and gas, construction, renewable energy, and telecommunications customers.

Product overview

Riyadh Cables Group is a leading cable and wire manufacturer offering a comprehensive portfolio of over 10,000 products across power transmission and distribution, telecommunications, and specialty cable applications. The product portfolio spans the entire voltage spectrum from wires through Low Voltage (LV), Medium Voltage (MV), and High/Extra High Voltage (HV/EHV) cables up to 500KV. The company also manufactures overhead line conductors including standard OHL, Aerial Bundle Cables (ABC), and High Temperature Low Sag (HTLS) conductors. Supporting product lines include Instrumentation & Control Cables, Renewable Energy Cables, and Fiber Optic & Telephone Cables. The company operates backward-integrated manufacturing for raw materials including Copper Rod Plant, Aluminium Rod Plant, and XLPE/PVC insulation compounding. Beyond products, the company provides comprehensive services including cable installation, jointing, monitoring/repair/maintenance, testing & commissioning, system design, and technical training. The overall offering represents a vertically integrated, full-lifecycle solution from raw materials through installation services.

Differentiator

Problem solved

Functional benefit

Products and services

• Fiber Optic & Telephone Cables Fiber optic and telephone communication cables for telecommunications infrastructure.
• Wires Electrical wires for residential, commercial, and industrial applications.
• Low Voltage Cables (LV) Low voltage power cables for distribution and installation applications up to 1kV.
• Medium Voltage Cables (MV) Medium voltage cables for power transmission and distribution typically rated from 1kV to 36kV.
• High & Extra High Voltage Cables (HV/EHV) High voltage and extra-high voltage cables up to 500KV for major power transmission infrastructure.
• Overhead Lines Conductors (OHL) Overhead power line conductors for aerial power transmission.
• Aerial Bundle Cables (ABC) Insulated aerial bundled cables for overhead distribution networks providing enhanced safety and reliability.
• High Temperature Low Sag Conductors (HTLS) Specialized conductors designed to operate at high temperatures while maintaining low sag characteristics for increased power transfer capacity.
• Instrumentation & Control Cables Cables designed for instrumentation, control, and signal transmission applications in industrial facilities.
• Renewable Energy Cables Specialized cables designed for renewable energy applications including solar and wind power installations.
• Cables Installation Services Professional cable installation services for low, medium, and high voltage cable systems.
• Cables Jointing Services Cable jointing services for connecting low voltage, medium voltage, and high voltage cables with proper electrical insulation and mechanical protection.
• Monitoring, Repair & Maintenance Services Condition monitoring services including distributed temperature sensing (DTS), distributed acoustic sensing (DAS), distributed strain monitoring, and real-time thermal rating (RTTR).
• Testing & Commissioning Services On-site testing and commissioning services for quality verification of cable systems and installations.
• Cables System Design Services System design services for defining cable components, modules, interfaces, and data specifications.
• Copper Rod Plant (Raw Material) Manufacturing facility for producing copper rods used as raw material for cable production.

Quantifiable outcome

• 2,000x Earth's circumference in cables supplied since founding
• +4 more outcomes

Named customers14 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Three partnerships are on record, tiered core.

• Syrian GovernmentcoreStrategic or Co-development Partner · 8 February 2026Under the patronage of Syrian President Ahmad Al-Sharaa, Riyadh Cables Group signed an agreement with the Syrian government to establish a cable factory as part of a broader set of Saudi-Syrian investment agreements covering aviation, telecommunications, water, and vocational training sectors. This partnership marks Riyadh Cables' entry into the Syrian market, complementing its existing Syria Modern Cables facility.
• Uzbekistan Ministry of Investments, Industry and TradecoreStrategic or Co-development Partner · 3 November 2025Riyadh Cables Group signed an agreement with Uzbekistan's Ministry of Investments, Industry and Trade to establish a $122 million high-voltage cable production unit in Tashkent with annual capacity of 24,000 tons of cable products and 340 jobs. The company acquired a controlling stake in Artikul Aziya Kabel as part of its strategic expansion into Central Asia and the CIS region.
• Artikul Aziya Kabel LLCcoreStrategic or Co-development Partner · 27 October 2025Riyadh Cables Group signed an agreement to acquire a majority stake in Artikul Aziya Kabel, a leading cable manufacturer based in Uzbekistan specializing in low- and medium-voltage power cables. The acquisition is subject to regulatory approvals and positions the Group to establish a Cable Center of Excellence in the CIS region, expanding the product range to include more technologically advanced cables across all voltage segments.

Scale indicators12 records

Recent moves9 records

Expansion highlights9 records

Direct peers

• Nexans: French-headquartered global cable manufacturer producing power cables (LV, MV, HV, EHV), submarine, and fiber optic cables. Directly comparable to Riyadh Cables in product range, customer base, and turn-key project delivery model across utilities, oil and gas, and infrastructure.
• Elsewedy Electric: Egypt-based MENA cable and electrical equipment manufacturer with strong regional market overlap. Highly comparable on product range (LV/MV/HV cables, overhead conductors, transformers), end markets, and participation in large infrastructure projects across the Arab world.
• Ducab: UAE-based cable manufacturer operating one of the largest cable plants in the Gulf with LV/MV/HV cables and copper rod production. Direct competitor in UAE and Gulf megaprojects with substantially overlapping product portfolio, including overhead conductors and HV/EHV offerings.
• LS Cable and System: South Korean manufacturer of power, telecom, and specialty cables with strong EHV and submarine cable capabilities. Comparable technology breadth (LV-HV-EHV, fiber) and project-based business model across global utilities and large megaproject markets.
• Southwire Company: One of North America's largest wire and cable manufacturers with vertically integrated copper rod production. Direct peer on power cable manufacturing, vertical integration model, and end-market overlap in utilities, construction, and industrial segments.
• Leoni AG: German manufacturer of wires, cables, and wiring systems with strong European industrial and automotive exposure. Comparable as a cable specialist with end markets spanning energy, infrastructure, and industrial customers seeking similar voltage-tier coverage.
• Bahra Cables:

Broad incumbents

• Prysmian Group: World's largest cable manufacturer producing power, telecom, and submarine cables across all voltage segments. Comparable to Riyadh Cables on LV-HV-EHV range and project-cable model; broader geographic scale and deeper vertical integration across installation services.
• Sumitomo Electric: Diversified Japanese conglomerate with significant power and telecom cable operations including EHV and submarine cables. Comparable technology on HV/EHV and fiber optics, though operates across broader industrial segments beyond cables.
• Furukawa Electric: Japanese manufacturer with power cable, fiber optic, and specialty wire operations including submarine HV cables. Overlapping on high-voltage transmission and telecom cable segments, though broader portfolio includes non-cable industrial businesses.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/RiyadhCablesSA
• Facebookfacebook.com/RiyadhCablesSA
• LinkedInlinkedin.com/company/riyadhcablessa

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries4 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 Riyadh Cables Group