What Zamil Group does

Zamil Group is a privately held, family-owned Saudi investment holding company founded in 1920 by Shaikh Abdullah Hamad Al Zamil and headquartered in Al Khobar, Eastern Province. The group operates as a diversified platform with wholly-owned subsidiaries, joint ventures, and listed portfolio companies spanning seven sectors: building materials, industrial manufacturing, offshore and marine services, petrochemicals, trade and services, real estate, and investments. Anchor operating assets include Zamil Offshore Services Company (shipbuilding, vessel repair, offshore construction, pilotage and towage, marine support to oil and gas), ZOMCO (operations, maintenance, catering, and environmental services), Zamil Industrial (pre-engineered buildings, steel structures), Zamil Architectural Industries, ZINDCO (industrial coatings), Zamil Plastic, Zamil Food, Zamil Ladders, AGC construction, and Promech. Joint-venture interests span Sipchem/Sahara International Petrochemical, Eastern Morris Cranes, UNICOIL, Sigma Paints, MEBCO, Arabian Amines, Yamama Factories, UCIC, SGN, Akwaan Real Estate, National Power Company, and Zamil Mermaid.

The group's underlying technology stack is industrial and process-based rather than software-defined: shipbuilding capacity on both Saudi coasts (King Abdulaziz Port in Dammam, Jeddah Islamic Port, Saudi Aramco's West Pier at Ras Tanura), a fleet of 60+ offshore support vessels and jack-up barges, repair services for 150+ vessels annually, approximately 6,000 annual port movements, a new Dammam Composite facility producing over 50 Rigid Inflatable Boats per year under license from Ribcraft UK, AMPP-certified coatings training, and renewable energy capability via partnership with FREE Energy (e.g., 2 MWp solar rooftop for an Apple facility in Riyadh). The group also holds the exclusive MTU (Rolls-Royce Power Systems) marine distribution rights for Saudi Arabia and operates an OSV joint venture with International Maritime Industries.

Commercially, Zamil runs an enterprise B2B model with anchor demand from Saudi Aramco, Royal Commission for Jubail and Yanbu, the Royal Saudi Naval Force, and large private-sector industrial customers. Revenue is generated through long-term enterprise contracts, tenders, direct subsidiary sales, joint-venture distributions, and a public/private equity investment arm covering MENA. Pricing is not publicly disclosed; distribution is via direct enterprise sales, joint-venture channels, government tenders, and exclusive third-party agreements (e.g., MTU). The group does not operate a consumer-facing digital product; pricing and contracts are negotiated bilaterally with enterprise and government counterparties. Recent strategic emphasis aligns with Saudi Vision 2030: defense localization, 'Saudi Made' branding, renewable energy, voluntary carbon markets via PIF, and continued diversification into defense, ESG, and fintech via minority investments such as the Tarabut Gateway seed round.

Name

Zamil Group

Legal name

Zamil Group Holding Company

Website

https://zamil.com

Company type

Private

Founded year

1920

Operating status

Operating

Headcount range

101–250 employees

Short description

Zamil Group is a family-owned Saudi industrial holding company founded in 1920, operating diversified subsidiaries and JVs across offshore/marine services, building materials, petrochemicals, manufacturing, real estate, and investments, serving primarily Saudi Aramco, government, and large enterprise clients in the Kingdom and MENA.

Ownership category

akta.pro rank

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Offshore & Marine Services: Zamil Offshore Services Company provides diversified offshore and marine support services including offshore marine and diving services, offshore construction and hook-up services, shipbuilding, ship and rig maintenance, and seaport operations. Revenue generated from vessel operations, shipyard services, and maritime support contracts with oil and gas industry.
2. Investment Operations: Zamil Group Investment Company manages Public and Private Equity investments. Public Equity investments trade in listed equities through Discretionary Portfolio Managers, while Private Equity investments are made through funds or direct investment in target companies across MENA region.
3. Manufacturing & Industrial Products: Operations span plastic packaging, industrial coatings, steel fabrication, air conditioning systems, architectural products, ladders, food products, and crane manufacturing through various wholly-owned and joint venture companies.
4. Real Estate Services: Zamil Group Real Estate manages property investments and development activities.
5. Trade & Services: Zamil Trade & Services provides commercial trading and service operations across various sectors.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Zamil Group is a diversified industrial and investment holding company that operates across offshore and marine services, shipbuilding, building materials and architectural products manufacturing, industrial coatings, plastic and petrochemical production, steel fabrication, real estate, trade, and investment management. The group delivers integrated products, services, and capital solutions to industrial, energy, construction, and government clients primarily across Saudi Arabia and the wider Middle East.

Product overview

Zamil Group is a family-owned investment holding company with a diversified portfolio of businesses active across Building Materials, Manufacturing, Offshore/Marine Services, Petrochemicals, Trade and Services, Real Estate, and Investments sectors. The portfolio includes wholly-owned subsidiaries such as Zamil Offshore Services Company (providing marine support to oil and gas industry), ZOMCO (operations and maintenance services), Zamil Industrial, Zamil Architectural Industries, Zamil Food, and Zamil Industrial Coatings; joint venture companies including Sipchem (petrochemicals), Eastern Morris Cranes, and UNICOIL (steel fabrication); and publicly listed entities. The Group operates through a platform of specialized operating companies rather than a single unified product, with each subsidiary operating independently under the Zamil Group umbrella.

Differentiator

Problem solved

Functional benefit

Products and services

• Zamil Offshore Services

Quantifiable outcome

• Built and delivered over 60 vessels
• +5 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Public Investment Fund (PIF) of Saudi ArabiacoreStrategic or Co-development Partner · 2 October 2022MOU signed to support establishment of MENA regional Voluntary Carbon Market. Zamil Group purchased carbon credits in first auction on October 25, 2022 at Future Investment Initiative, with plans to purchase additional credits in second auction. Partnership supports Saudi Arabia's net zero by 2060 goal.
• Ribcraft UKcoreOEM/ Whitelabel/ Licensing Partner · 1 January 2022Strategic technology transfer partnership enabling Zamil Shipyards to build Rigid Inflatable Boats (RIBs) under 'ZAMIL Ribcraft' brand. Builds on Ribcraft's 30 years of experience with capacity of over 50 RIBs per year.
• MTU (Rolls-Royce Power Systems)coreChannel Partner/ Reseller/ Distributor · 1 January 2022Zamil Offshore is the exclusive and sole marine distributor covering sales, aftermarket, and servicing as part of the MTU global network for Saudi Arabia.
• FREE EnergyminorStrategic or Co-development Partner · 1 January 2022Partnership for renewable energy projects including 2 MWp solar rooftop for Apple warehouse in Riyadh and energy consulting for RCJY.
• Gulfood ExhibitionminorGTM or Marketing Partner · 1 January 2022Zamil Food participated in 26th edition of Gulfood at Dubai World Trade Center within Made in Saudi Arabia pavilion.
• World Defense Show 2022minorGTM or Marketing Partner · 1 January 2022Zamil Offshore participated in Saudi Pavilion at WDS 2022 in Riyadh, showcasing 32m High-Speed Interceptor and signing multiple agreements with international companies.
• International Maritime IndustriescoreStrategic or Co-development Partner · 1 November 2021Joint venture for OSV (Offshore Support Vessel) shipbuilding. Combines IMI's state-of-the-art facilities at Ras Alkhair with Zamil Offshore's knowledge and expertise. Supported by Saudi Aramco, Lamprell, and HHI founding partners.
• LAMORcoreStrategic or Co-development Partner · 1 January 2021Partnership for Red Sea Oil Spill Response capabilities. Mobilized three Air Tractor AT-500 aircraft from bases in Jizan, Jeddah, and Dubai to support OSR contract for Red Sea coastline.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Almabani General Contractors: Major Saudi construction and infrastructure contractor executing large civil, mechanical, and energy projects. Comparable to Zamil's construction activities via Arabian Gulf Construction Company and steel fabrication (UNICOIL), serving similar Vision 2030 infrastructure customers.
• Kingdom Holding Company: Saudi publicly-listed diversified holding company with investments across real estate, hospitality, healthcare, financial services, and industrials. Closely comparable in structure and scope to Zamil Group as a large, family-influenced Saudi conglomerate with cross-sector holdings.
• Bahri (National Shipping Company of Saudi Arabia): Saudi Arabia's national maritime and shipping company, operating one of the world's largest VLCC fleets and offshore support services. Directly comparable to Zamil Offshore Services Company in offshore/marine vessel operations, ship management, and Saudi maritime logistics serving oil & gas customers.
• Tasnee (National Industrialization Company): Saudi publicly-listed petrochemicals and industrial holding company, with petrochemical, chemicals, and downstream manufacturing operations. Comparable to Zamil's petrochemical JV exposure (Sipchem) and diversified industrial structure serving Saudi industrial customers.
• Mohammad Al Mojil Group (MMG): Saudi family-owned diversified conglomerate with industrial services, construction, marine, and trading businesses. Closely comparable structure and operating footprint to Zamil Group's diversified MENA industrial/trading/marine platform.
• International Maritime Industries (IMI): Saudi shipbuilding mega-yard at Ras Al Khair, backed by Saudi Aramco, Lamprell, HHI, and Zamil Offshore. Direct peer and joint venture partner for OSV newbuild construction; the yard's throughput and Zamil's allocated capacity compete for the same Aramco vessel programs.
• Lamprell: UAE- and Saudi-based offshore rig and vessel builder and IMI shareholder. Closely comparable to Zamil Shipyards on offshore fabrication, rig conversion, and Saudi OSV newbuild work, serving similar Saudi Aramco and Gulf-region customers.

Emerging players

• Saudi Kayan Petrochemical Company: Saudi petrochemical producer (SABIC affiliate) producing olefins, polyolefins, and specialty chemicals. Comparable to Zamil's petrochemical exposure via Sipchem in terms of product portfolio and Saudi petrochemical end-markets.

Broad incumbents

• SABIC: Saudi Arabia's largest petrochemicals giant, with broad chemicals, plastics, and steel exposure. Overlaps with Zamil's petrochemical JV (Sipchem) and plastics subsidiary (Zamil Plastic) but operates at vastly greater scale and is the dominant incumbent in Saudi petrochemicals.

Regional players

• Arabian Construction Engineering (ACE): Middle East construction contractor with civil, mechanical, and infrastructure capabilities. Comparable to Zamil's construction and contracting subsidiaries (Arabian Gulf Construction Company) in regional project execution and Saudi construction end-markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ZamilGroup
• LinkedInlinkedin.com/company/zamil-group-hr?trk=tyah&trkInfo=clickedVertical%3Acompany%2Cidx%3A3-1-3%2CtarId%3A1431417818868%2Ctas%3Azamil%20group

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries28 records

Funding overview

Funding rounds

Investors

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

M&A

Investments1 record

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

Frequently asked questions about Zamil Group