Almisehal Group

What Almisehal Group does

Almisehal Group Company (Closed Joint Stock Co.), operating as AMG, is a Saudi Arabian diversified value-added partner founded in 1985 by Group Chairman Sheikh Adel Al Misehal and headquartered at the Business Gate Technology Campus on the outskirts of Riyadh. The group brings overseas products, technologies, and services into the Kingdom of Saudi Arabia and channels them to government and enterprise customers through three wholly-owned subsidiaries — NOVAsat (communication and information technology services, est. 2005), MADAF Construction (civil, mechanical, electrical, and instrumentation engineering, est. 1998), and Faizah (real estate services) — along with a broader network of 11+ subsidiaries and joint ventures. Headcount is approximately 1,000 employees across group entities, and a secondary office is maintained in Dammam.

The group's core technology stack spans satellite communications (VSAT networks across C, Ku, Ka, and HTS bands; GSM backhauling; mesh and hybrid networks), ICT infrastructure delivery, security and low-current systems, complete power solutions for telecom and industrial sectors, and 30,000 square meters of workshop capacity equipped with a 15-ton overhead crane for generator overhaul. Service delivery is backed by 24/7 managed services, a centralized ticket monitoring system, multi-level support structures spanning call center through remote site troubleshooting, and SLA-bound commitments for elite customers. Adjacent offerings include telecom turnkey contracting, healthcare medical equipment and disposables supply, and real estate operations.

AMG operates a sales-led, B2B enterprise and government go-to-market model with quote-based pricing on tenders and project contracts, no public pricing tiers, and no digital marketing campaigns — customer acquisition is driven by partner referrals, direct business development, and bid/tender submission into Saudi government and private-sector procurement. Revenue streams span managed services (SatCom support, JV channeling), professional services (ICT and construction project delivery), and transaction-based real estate fees. Major end customers include the Ministries of Defence, Foreign Affairs, and Municipal and Rural Affairs, SANG, Civil Defense, STC, Mobily, Zain, Saudi Aramco, and various banks and enterprise organizations; the group maintains an extensive technology-partner ecosystem with Cisco, Huawei, Ericsson, Alcatel-Lucent, Nokia Siemens, Hughes, iDirect, ZTE, Newtec, General Dynamics, and Cassidian.

Name

Almisehal Group

Legal name

Al Misehal Group Company (Closed Joint Stock Co.)

Website

https://almisehal.com

Company type

Private

Founded year

1985

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Almisehal Group is a privately held Saudi Arabian closed joint stock company delivering satellite communications, ICT infrastructure, construction engineering, power, and real estate services to government and enterprise clients via subsidiaries NOVAsat, MADAF Construction, and Faizah, with ~1,000 employees and ~$450M USD turnover.

Ownership category

akta.pro rank

Product category

Diversified Technology, Construction, and Real Estate Services

NAICS

Satellite Telecommunications (517410), Computer Systems Design Services (541512), Security Systems Services (except Locksmiths) (561621)

SIC

Services-Computer Integrated Systems Design (7373), Services-Engineering, Accounting, Research, Management (8700), Telephone & Telegraph Apparatus (3661)

akta.pro primary industry

Security, Safety & Fire/Life Safety Management (BPABAAAE)

akta.pro secondary industry

MEP (Mechanical, Electrical & Plumbing) Engineering Consulting (BPAHAIAE)

Keywords

• Satellite communications services
• ICT infrastructure solutions
• Telecom turnkey contracting
• Construction engineering services
• Real estate services

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Satellite Communications Services: Installation, maintenance and support services for satellite communications to global and local customers with Service Level Agreements
2. ICT Infrastructure Projects: Delivering projects based on Information and Communication Technologies, including planning, management and completion of projects on time and within budget
3. Construction Services: Total turnkey contracts as well as subcontracting on local and international projects, covering civil, mechanical, and electrical and instrumentation engineering
4. Real Estate Services: Sale, purchase and marketing of real estate; management, operation and maintenance of markets, commercial centers and tourist facilities
5. Support Services: Consultancy, project management, bid and tender submission, sales and marketing, logistics support, and after-sales technical support
6. Joint Ventures and Subsidiaries: Channeling projects to subsidiaries or joint ventures including Novasat (ICT), MADAF (Construction), and Faizah (Real Estate)

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Al Misehal Group (AMG) is a Saudi Arabian diversified conglomerate that delivers technology, construction, and real estate services across the Kingdom. Its core offerings span satellite communications (VSAT), ICT infrastructure, security and low current systems, telecom turnkey contracting, power solutions, construction engineering, real estate services, and investment management, primarily serving government, telecom, oil & gas, banking, military, and enterprise clients in Saudi Arabia.

Product overview

Al Misehal Group (AMG) is a Closed Joint Stock Company founded in 1985, operating as a value-added partner and project delivery organization across Saudi Arabia. The company offers a diverse portfolio through three main subsidiaries: Novasat (satellite communications and ICT solutions), MADAF Construction (civil/mechanical/electrical engineering), and Faizah (real estate services). Core services span SatCom, Security & Low Current, ICT Infrastructure, Telecom, Power, Construction, Real Estate, and Investment sectors, with approximately 1,000 employees and $450 million USD group turnover.

Differentiator

Problem solved

Functional benefit

Products and services

• NOVAsat (Subsidiary) - Communication and Information Technology Services & Solutions A Saudi company specializing in Communication and Information Technology Services and Solutions, providing satellite communications (VSAT), ICT infrastructure, and technology integration services to government, banking, telecom, oil & gas, and enterprise sectors across Saudi Arabia.
• MADAF Construction (Subsidiary) - Turnkey Engineering Contracting A contracting company specializing in total turnkey contracts and subcontracting for civil, mechanical, electrical, and instrumentation engineering, serving telecom, energy, and construction sectors.
• Faizah (Subsidiary) - Real Estate Services A real estate company offering sale, purchase, marketing, feasibility studies, building maintenance, technical and administrative consultation, investment management, and operation of markets, commercial centers, and tourist facilities.
• SatCom Solutions - Satellite Communications Services Satellite communication services including installation, maintenance, and support with centralized ticket monitoring, call center, online ticketing system, and physical remote site troubleshooting to meet demanding Service Level Agreements.
• Security & Low Current Solutions Security and low current solutions covering multiple sectors providing secure, user-friendly, versatile, and seamless systems for clients.
• ICT Infrastructure Services Information and Communication Technology project delivery and services including next-generation telecom technologies for businesses to connect, communicate, and collaborate.
• Health & Safety Solutions Healthcare industry solutions including medical equipment, intensive care units, ventilators, and medical disposable supplies.
• Telecom Turnkey Services Telecom turnkey contracting from planning through project management to safe completion on time and within budget.
• Power Solutions Complete power solutions for telecom, oil & gas, steel industry, and manufacturing sectors including design, integration, supply, installation, and O&M services.
• Workshop & Maintenance Services 30,000 square meter warehouse/workshop facility for repair, maintenance, and overhaul of generators, equipped with 15-ton overhead crane.
• Operation & Maintenance Services (24/7 Managed Services) 24/7 managed services with cost-effective preventive and corrective maintenance.
• Real Estate Services Real estate activities and services including residential, commercial, administrative, and entertainment properties.
• Investment Services Diversified portfolio management across multiple investments.

Named customers8 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

23 partnerships are on record, tiered core and minor.

• STC (Saudi Telecom Company)coreStrategic or Co-development PartnerMajor telecom operator partner for satellite and ICT solutions in Saudi Arabia
• MobilycoreStrategic or Co-development PartnerTelecom service provider partnership for network solutions
• ZaincoreStrategic or Co-development PartnerTelecom operator partnership for regional network services
• Saudi AramcocoreStrategic or Co-development PartnerMajor energy company partnership for VSAT network infrastructure and expansion projects
• CiscocoreTechnology or IntegrationNetworking technology partner for ICT infrastructure solutions
• HuaweicoreTechnology or IntegrationTelecom technology partner for network solutions
• EricssoncoreTechnology or IntegrationTelecom infrastructure technology partner
• Alcatel-LucentcoreTechnology or IntegrationTelecom technology solutions partner
• Nokia SiemenscoreTechnology or IntegrationNetwork infrastructure technology partner
• HughescoreTechnology or IntegrationSatellite communications technology partner for VSAT solutions
• iDirectcoreTechnology or IntegrationSatellite technology partner for network solutions
• ZTEcoreTechnology or IntegrationTelecom equipment and solutions partner
• Ministry of Defence AffairscoreStrategic or Co-development PartnerGovernment partner for defense communications solutions
• Ministry of Municipal and Rural AffairscoreStrategic or Co-development PartnerGovernment partner for municipal infrastructure projects
• Ministry of Foreign AffairscoreStrategic or Co-development PartnerGovernment partner for diplomatic communications infrastructure
• Civil DefensecoreStrategic or Co-development PartnerGovernment partner for safety and security communications
• SANG (Saudi Arabian National Guard)coreStrategic or Co-development PartnerMilitary entity partner for security communications
• GD (General Dynamics)coreTechnology or IntegrationDefense and security technology solutions partner
• CassidiancoreTechnology or IntegrationDefense and security electronics partner
• NewteccoreTechnology or IntegrationSatellite communications equipment partner
• SNO Gas and EnergycoreStrategic or Co-development PartnerOil and gas sector partnership for energy industry solutions
• Zamil OffshorecoreStrategic or Co-development PartnerOffshore energy sector partnership for marine operations
• TVTCminorStrategic or Co-development PartnerVocational training partnership for workforce development

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Tawal: Saudi telecom tower infrastructure operator (STC subsidiary) — an incumbent buyer/partner for AMG's telecom turnkey and SatCom backhaul work across the Kingdom.
• Zamil Group: Large established Saudi diversified industrial group with telecom infrastructure (Zamil Towers), construction, power and real estate — broader incumbent with overlapping verticals and government relationships across Saudi Arabia.
• Alfanar: Saudi electrical manufacturing and EPC group producing switchgear, transformers and power solutions — a broader incumbent overlapping with AMG's power solutions and electrical contracting offerings.

Direct peers

• Advanced Communications & Electronics Systems (ACES): Saudi Arabian closed joint stock company providing satellite communications, defense electronics, IT and security solutions — the closest analog to AMG/NOVAsat in serving government, military and oil & gas customers with integrated communications.
• Bahri & Mazroei Group: Saudi technical trading and engineering group focused on telecom infrastructure, power solutions and industrial services — directly comparable to AMG in combining value-added distribution of global technology brands with project execution and after-sales support across the Kingdom.
• Taqnia Space (formerly Arabsat subsidiary): Saudi technology company active in satellite communications, space and ICT services — competes directly with NOVAsat in Saudi SatCom and government/defense connectivity contracts.
• El Seif Engineering Contracting: Large Saudi turnkey contractor executing civil, mechanical, electrical and telecom infrastructure projects for government and defense — directly comparable to MADAF Construction's turnkey delivery model in Saudi Arabia.
• Nesma Holding: Diversified Saudi conglomerate with ICT, construction, real estate and industrial businesses — a comparable diversified industrial/services platform of similar scale operating through subsidiaries across Saudi verticals.

Emerging players

• Nawah (Arabian Internet and Communications Services): Emerging Saudi managed-services and ICT player offering cloud, security and datacenter services — partial overlap with AMG's ICT Infrastructure and Security & Low Current offerings for enterprise customers.

Regional players

• Midad Holding (formerly known as SABIC-affiliated ventures): Regional Saudi industrial/ICT holding company operating across telecom, energy and infrastructure — thematically similar diversified platform though with different geographic anchoring and slightly different vertical mix than AMG.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 Almisehal Group