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Saudi Manpower Solutions

Full company profile

uuid000c6l1

Namestring
Saudi Manpower Solutions
Legal namestring
الشركة السعودية لحلول القوى البشرية (Saudi Manpower Solutions Company)
Websiteurl
smasco.com
Company typeenum
Private
Founded yearint
2012
Descriptiontext

Saudi Manpower Solutions Company (SMASCO) is a Riyadh-based, privately held workforce solutions provider founded in 2012. The company supplies trained skilled and unskilled labor on permanent, temporary, seasonal, and hourly contracts to enterprises and government entities across all sectors and cities in Saudi Arabia, serving 4,000+ clients with thousands of deployed workers and billions of cumulative work hours completed. Named enterprise customers include Almarai, Arasco, Fajeer Poultry, Byteer Saudi Arabian Construction Company, Rawafid, and SABIC, alongside government work via the Ministry of Human Resources and Social Development.

The core technology is a workforce management and labor solutions platform integrated with the Ministry's Qiwa digital system for employment contract authentication, supporting compliance with Saudi labor market regulations including the Mudad wage protection system, where SMASCO holds the highest Diamond-level certification. The company operates a direct enterprise field sales motion with dedicated relationship managers and pursues business through five wholly-owned subsidiaries: SLSC (logistics for small shipments), Rahah (home care and domestic labor via mobile app), Tarhab (customer experience), Sanaym (CVC fund for startups and technology), and Areb and Ramz (workforce solutions). Geographic footprint includes Saudi Arabia and the United Arab Emirates, with bilateral source-country partnerships with the embassies of Ethiopia and the Philippines for labor pipelines.

SMASCO's revenue model is a managed services staffing business with non-public, contract-tailored pricing. Financial signals indicate healthy profitability: 40% year-over-year net profit growth in Q3 2025 and dividend distributions exceeding 100 million Saudi Riyals (approximately 70% payout ratio). The 2023 GTS26 five-year strategy is focused on portfolio rebalancing across subsidiaries to enhance margins, supported by premium sponsorships (HORECA Riyadh 2025) and a growing government contracting lane, including an 80.7 million SAR two-year contract to operate shelters for absent and unemployed domestic workers.

Short descriptiontext

Saudi Manpower Solutions (SMASCO) is a Riyadh-headquartered, privately held staffing and workforce solutions company supplying trained labor on permanent, temporary, seasonal, and hourly contracts to 4,000+ enterprise and government clients across all sectors and cities in Saudi Arabia, with subsidiaries spanning logistics, home care, customer experience, and venture investment.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
501–1,000
akta.pro rankint
HeadquartersRiyadh, Saudi Arabia
HQ citystring
Riyadh
HQ countrystring
Saudi Arabia
HQ regionstring
Middle East
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
workforce staffing services, manpower outsourcing, recruitment solutions, human resource consulting, temporary labor services
Industry3 codes
1HR Shared Services Centers (Captive/Managed)
CodeBPACAKABPrimaryYes
2Payroll Software & Payroll-as-a-Service (SaaS)
CodeBPACAIABPrimaryNo
3Employer Payroll Processing (SMB & Enterprise)
CodeFSAMAKAAPrimaryNo
NAICS code3 codes
  • Temporary Help Services561320
  • Professional Employer Organizations561330
  • Payroll Services541214
SIC code2 codes
  • Services-Help Supply Services7363
  • Services-Employment Agencies7361
Product category
Workforce Staffing Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Manpower Leasing and Staffing Services
TypeManaged Services
Description

Providing skilled and unskilled labor to businesses across various sectors in Saudi Arabia, including temporary, seasonal, and permanent workforce solutions.

smasco.com
2Government Contracts
TypeManaged Services
Description

Secured government contracts with the Ministry of Human Resources and Social Development for providing shelter services for domestic workers, contributing to revenue streams.

ainvest.com
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 4 records shown
1Rahah (راحة)
Description

A brand specialized in providing integrated solutions in the home care sector and leading in providing domestic labor.

smasco.com
+3 more records
Core offering1 text field

Saudi Manpower Solutions (SMASCO) is a Riyadh-based workforce solutions company that supplies skilled and unskilled labor to enterprises and government entities across Saudi Arabia. Its services span permanent, seasonal, and hourly staffing, plus comprehensive HR administration covering visas, insurance, payroll, and training. The company also operates subsidiaries in logistics (SLSC), home care (Rahah), customer experience (Tarhab), and startup investment (Sanaym).

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 6 values shown
  • 800% increase in workforce for Byteer Construction Company between April 2018 and October 2022
+5 more records
Product overview1 text field

Saudi Manpower Solutions (SMASCO) operates as a comprehensive workforce solutions provider offering a unified platform of staffing and labor services. The core offering is workforce outsourcing (تأجير عمالة مهنية) which provides trained and skilled labor across multiple sectors. The company operates several subsidiaries including SLSC for logistics services, Tarhah for customer experience solutions, Raha for domestic worker services (with mobile app), and Sanayim for startup investments. Services span construction, healthcare, hospitality, logistics, and oil & gas sectors, serving over 4,000 clients across Saudi Arabia.

Product and service11 records
1Workforce Solutions (تأجير عمالة مهنية)
CategoryWorkforce Staffing
Description

Core staffing and workforce outsourcing service providing skilled and trained labor to companies across Saudi Arabia, covering permanent, seasonal, and hourly employment contracts with full HR administration including visas, insurance, payroll, and training.

2Construction Sector Staffing
CategorySector-Specific Staffing
Description

Workforce solutions tailored for the construction industry, providing skilled labor, technicians, and support staff with no delays in project delivery, serving giga-projects like NEOM, KAUST, and King Abdullah Financial District.

3Healthcare Sector Staffing
CategorySector-Specific Staffing
Description

Healthcare workforce solutions supplying medical staff, nurses, support personnel, and healthcare workers to hospitals and medical facilities to address staff shortages and maintain care quality and patient safety.

4Hospitality Sector Staffing
CategorySector-Specific Staffing
Description

Hospitality workforce provision including trained staff for reception, hospitality, and service roles, supporting hotels and restaurants facing high turnover and seasonal demand.

5Oil and Gas Sector Staffing
CategorySector-Specific Staffing
Description

Workforce solutions for oil, gas, and petrochemical companies providing engineers, technicians, skilled workers, and support staff, with safety compliance and operational continuity.

6Logistics Sector Staffing
CategorySector-Specific Staffing
Description

Workforce solutions for logistics, transportation, and e-commerce companies supplying drivers, warehouse staff, and distribution workers for peak season and ongoing operational needs.

7Rahah Home Care Services (راحة)
CategoryDomestic Worker Services
Description

Home care labor solutions brand providing integrated domestic worker services in the home care sector, including a mobile application for booking and managing domestic workers; operates in Saudi Arabia and the UAE.

8Saudi Logistics Services Company (SLSC)
9Tarhab Customer Experience Solutions (ترحاب)
10Sanaym Investment Fund (سنيم)
11Government Shelter Services for Domestic Workers
CategoryGovernment-Contracted Welfare Services
Description

Shelter and welfare services for absent and unemployed domestic workers, provided to the Ministry of Human Resources and Social Development under a multi-year government contract.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-04
Description

Subsidiary company through which SMASCO secured a government contract with the Ministry of Human Resources and Social Development valued at 80.7 million Saudi Riyals for providing shelters for absent and unemployed domestic workers over a two-year period.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-04
Description

Government contract valued at 80.7 million Saudi Riyals (including VAT) awarded to SMASCO through its subsidiary for providing shelters for absent and unemployed domestic workers over a two-year period. The agreement is part of broader government efforts to improve labor welfare and protect domestic workers' rights.

Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2025-08-05
Description

Meeting with Ethiopian Ambassador Muktar Qadir at SMASCO headquarters to discuss cooperation in recruiting and employing Ethiopian workforce, reviewing training mechanisms and professional development programs to ensure quality and effectiveness in recruitment and workforce development.

Strategic tierStrategicTypeStrategic or Co-development PartnerAnnounced on2025-07-27
Description

Strategic partnership with the Philippine Embassy supporting Filipino competencies and enhancing joint cooperation for a brighter future. SMASCO participated in the 'Serbisyong may saya, hatid ng OWWA' event demonstrating commitment to serving and caring for Filipino workers.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-09-01
Description

Alignment with the Ministry to facilitate employment contract authentication through the Qiwa digital platform. Third phase of contract authentication requires companies to document at least 80% of employment contracts by September 2023 with financial penalties for non-compliance. Supports Saudi Vision 2030 goals for a compliant and transparent labor market.

Strategic tierMinorTypeGTM or Marketing Partner
Description

Venue partner for HORECA 2025 exhibition where SMASCO was Gold Sponsor, held at Riyadh Front Exhibition Center from December 15-17, 2025.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Dutch global staffing company with broad HR services and digital staffing platform (Randstad Sourceright). Comparable as a multi-national, multi-vertical workforce solutions provider.

TypeDirect peer
Description

Global specialist recruitment and workforce solutions firm focused on qualified, professional hires across sectors including construction, healthcare, and oil & gas — directly mirroring SMASCO's verticals.

TypeDirect peer
Description

Specialized staffing firm placing professionals in finance, technology, legal, and administrative roles. Comparable on professional staffing model and contract/placement revenue mix.

TypeDirect peer
Description

Global workforce solutions and staffing giant operating across temporary, permanent, and specialized placement. Directly comparable as a multi-vertical, government- and enterprise-staffing operator with similar managed-services revenue model.

TypeRegional player
Description

UAE-headquartered outsourcing and workforce solutions provider serving the Middle East. Closest regional peer — comparable on managed staffing, outsourced workforce, and GCC client base — though it does not compete head-to-head in KSA.

TypeDirect peer
Description

Global specialist staffing provider focused on STEM skills. Comparable on contract staffing model serving enterprise clients in resource, energy, and engineering sectors.

TypeDirect peer
Description

Swiss-headquartered global staffing leader in temporary staffing, permanent placement, and career transition. Comparable in scale, multi-sector coverage, and reliance on regulated labor markets.

TypeBroad incumbent
Description

Global specialist recruitment firm operating across Middle East. Comparable on enterprise recruitment and professional staffing, but broader portfolio rather than specialized staffing focus.

9Saudi Industrial Recruitment Company (SIRC)
TypeDirect peer
Description

Saudi-listed workforce solutions company with multi-sector staffing operations and government contracts in the Kingdom. The closest local public peer in terms of Saudi regulatory positioning.

TypeRegional player
Description

Saudi HR and recruitment company providing local and international workforce solutions. Comparable as a Saudi-rooted staffing and HR services provider; focused on KSA, limiting direct overlap.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile7 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries6 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

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

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

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

Saudi Manpower Solutions

Workforce Staffing Servicessmasco.com

Saudi Manpower Solutions (SMASCO) is a Riyadh-headquartered, privately held staffing and workforce solutions company supplying trained labor on permanent, temporary, seasonal, and hourly contracts to 4,000+ enterprise and government clients across all sectors and cities in Saudi Arabia, with subsidiaries spanning logistics, home care, customer experience, and venture investment.

What Saudi Manpower Solutions does

Saudi Manpower Solutions Company (SMASCO) is a Riyadh-based, privately held workforce solutions provider founded in 2012. The company supplies trained skilled and unskilled labor on permanent, temporary, seasonal, and hourly contracts to enterprises and government entities across all sectors and cities in Saudi Arabia, serving 4,000+ clients with thousands of deployed workers and billions of cumulative work hours completed. Named enterprise customers include Almarai, Arasco, Fajeer Poultry, Byteer Saudi Arabian Construction Company, Rawafid, and SABIC, alongside government work via the Ministry of Human Resources and Social Development.

The core technology is a workforce management and labor solutions platform integrated with the Ministry's Qiwa digital system for employment contract authentication, supporting compliance with Saudi labor market regulations including the Mudad wage protection system, where SMASCO holds the highest Diamond-level certification. The company operates a direct enterprise field sales motion with dedicated relationship managers and pursues business through five wholly-owned subsidiaries: SLSC (logistics for small shipments), Rahah (home care and domestic labor via mobile app), Tarhab (customer experience), Sanaym (CVC fund for startups and technology), and Areb and Ramz (workforce solutions). Geographic footprint includes Saudi Arabia and the United Arab Emirates, with bilateral source-country partnerships with the embassies of Ethiopia and the Philippines for labor pipelines.

SMASCO's revenue model is a managed services staffing business with non-public, contract-tailored pricing. Financial signals indicate healthy profitability: 40% year-over-year net profit growth in Q3 2025 and dividend distributions exceeding 100 million Saudi Riyals (approximately 70% payout ratio). The 2023 GTS26 five-year strategy is focused on portfolio rebalancing across subsidiaries to enhance margins, supported by premium sponsorships (HORECA Riyadh 2025) and a growing government contracting lane, including an 80.7 million SAR two-year contract to operate shelters for absent and unemployed domestic workers.

Saudi Manpower Solutions firmographics

Firmographics
Name
Saudi Manpower Solutions
Legal name
الشركة السعودية لحلول القوى البشرية (Saudi Manpower Solutions Company)
Website
https://smasco.com
Company type
Private
Founded year
2012
Operating status
Operating
Headcount range
501–1,000 employees
Short description
Saudi Manpower Solutions (SMASCO) is a Riyadh-headquartered, privately held staffing and workforce solutions company supplying trained labor on permanent, temporary, seasonal, and hourly contracts to 4,000+ enterprise and government clients across all sectors and cities in Saudi Arabia, with subsidiaries spanning logistics, home care, customer experience, and venture investment.
Ownership category
akta.pro rank

Saudi Manpower Solutions industry classification

Industry
Product category
Workforce Staffing Services
NAICS
Temporary Help Services (561320), Professional Employer Organizations (561330), Payroll Services (541214)
SIC
Services-Help Supply Services (7363), Services-Employment Agencies (7361)
akta.pro primary industry
HR Shared Services Centers (Captive/Managed) (BPACAKAB)
akta.pro secondary industries
Payroll Software & Payroll-as-a-Service (SaaS) (BPACAIAB), Employer Payroll Processing (SMB & Enterprise) (FSAMAKAA)

Keywords

  • Workforce staffing services
  • Manpower outsourcing
  • Recruitment solutions
  • Human resource consulting
  • Temporary labor services

Where Saudi Manpower Solutions is headquartered

Location

Headquarters

HQ city
Riyadh
HQ country
Saudi Arabia
HQ region
Middle East

Offices2 records

Markets served

Saudi Manpower Solutions business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Manpower Leasing and Staffing Services: Providing skilled and unskilled labor to businesses across various sectors in Saudi Arabia, including temporary, seasonal, and permanent workforce solutions.
  2. Government Contracts: Secured government contracts with the Ministry of Human Resources and Social Development for providing shelter services for domestic workers, contributing to revenue streams.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Saudi Manpower Solutions product offering

Product offering

Core offering

Saudi Manpower Solutions (SMASCO) is a Riyadh-based workforce solutions company that supplies skilled and unskilled labor to enterprises and government entities across Saudi Arabia. Its services span permanent, seasonal, and hourly staffing, plus comprehensive HR administration covering visas, insurance, payroll, and training. The company also operates subsidiaries in logistics (SLSC), home care (Rahah), customer experience (Tarhab), and startup investment (Sanaym).

Product overview

Saudi Manpower Solutions (SMASCO) operates as a comprehensive workforce solutions provider offering a unified platform of staffing and labor services. The core offering is workforce outsourcing (تأجير عمالة مهنية) which provides trained and skilled labor across multiple sectors. The company operates several subsidiaries including SLSC for logistics services, Tarhah for customer experience solutions, Raha for domestic worker services (with mobile app), and Sanayim for startup investments. Services span construction, healthcare, hospitality, logistics, and oil & gas sectors, serving over 4,000 clients across Saudi Arabia.

Differentiator

Problem solved

Functional benefit

Brands

  • Rahah (راحة): A brand specialized in providing integrated solutions in the home care sector and leading in providing domestic labor.
  • SLSC (Saudi Logistics Services Company)
  • Tarhab (ترحاب)
  • Sanaym (سنيم)

Products and services

  • Workforce Solutions (تأجير عمالة مهنية) Core staffing and workforce outsourcing service providing skilled and trained labor to companies across Saudi Arabia, covering permanent, seasonal, and hourly employment contracts with full HR administration including visas, insurance, payroll, and training.
  • Construction Sector Staffing Workforce solutions tailored for the construction industry, providing skilled labor, technicians, and support staff with no delays in project delivery, serving giga-projects like NEOM, KAUST, and King Abdullah Financial District.
  • Healthcare Sector Staffing Healthcare workforce solutions supplying medical staff, nurses, support personnel, and healthcare workers to hospitals and medical facilities to address staff shortages and maintain care quality and patient safety.
  • Hospitality Sector Staffing Hospitality workforce provision including trained staff for reception, hospitality, and service roles, supporting hotels and restaurants facing high turnover and seasonal demand.
  • Oil and Gas Sector Staffing Workforce solutions for oil, gas, and petrochemical companies providing engineers, technicians, skilled workers, and support staff, with safety compliance and operational continuity.
  • Logistics Sector Staffing Workforce solutions for logistics, transportation, and e-commerce companies supplying drivers, warehouse staff, and distribution workers for peak season and ongoing operational needs.
  • Rahah Home Care Services (راحة) Home care labor solutions brand providing integrated domestic worker services in the home care sector, including a mobile application for booking and managing domestic workers; operates in Saudi Arabia and the UAE.
  • Saudi Logistics Services Company (SLSC)
  • Tarhab Customer Experience Solutions (ترحاب)
  • Sanaym Investment Fund (سنيم)
  • Government Shelter Services for Domestic Workers Shelter and welfare services for absent and unemployed domestic workers, provided to the Ministry of Human Resources and Social Development under a multi-year government contract.

Quantifiable outcome

  • 800% increase in workforce for Byteer Construction Company between April 2018 and October 2022
  • +5 more outcomes

Companies that use Saudi Manpower Solutions

Customer profile

Named customers5 records

Segments5 records

Ideal customer profiles7 records

Saudi Manpower Solutions technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Saudi Manpower Solutions partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered core, strategic and minor.

  • Saudi Logistics Services Company Limited (SLSC)coreStrategic or Co-development Partner · 4 May 2026Subsidiary company through which SMASCO secured a government contract with the Ministry of Human Resources and Social Development valued at 80.7 million Saudi Riyals for providing shelters for absent and unemployed domestic workers over a two-year period.
  • Ministry of Human Resources and Social DevelopmentcoreStrategic or Co-development Partner · 4 May 2026Government contract valued at 80.7 million Saudi Riyals (including VAT) awarded to SMASCO through its subsidiary for providing shelters for absent and unemployed domestic workers over a two-year period. The agreement is part of broader government efforts to improve labor welfare and protect domestic workers' rights.
  • Embassy of EthiopiastrategicStrategic or Co-development Partner · 5 August 2025Meeting with Ethiopian Ambassador Muktar Qadir at SMASCO headquarters to discuss cooperation in recruiting and employing Ethiopian workforce, reviewing training mechanisms and professional development programs to ensure quality and effectiveness in recruitment and workforce development.
  • Embassy of PhilippinesstrategicStrategic or Co-development Partner · 27 July 2025Strategic partnership with the Philippine Embassy supporting Filipino competencies and enhancing joint cooperation for a brighter future. SMASCO participated in the 'Serbisyong may saya, hatid ng OWWA' event demonstrating commitment to serving and caring for Filipino workers.
  • Ministry of Human Resources and Social DevelopmentcoreStrategic or Co-development Partner · 1 September 2023Alignment with the Ministry to facilitate employment contract authentication through the Qiwa digital platform. Third phase of contract authentication requires companies to document at least 80% of employment contracts by September 2023 with financial penalties for non-compliance. Supports Saudi Vision 2030 goals for a compliant and transparent labor market.
  • Riyadh Front Exhibition CenterminorGTM or Marketing PartnerVenue partner for HORECA 2025 exhibition where SMASCO was Gold Sponsor, held at Riyadh Front Exhibition Center from December 15-17, 2025.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Saudi Manpower Solutions competitors and assessment

Company assessment

Direct peers

  • Randstad: Dutch global staffing company with broad HR services and digital staffing platform (Randstad Sourceright). Comparable as a multi-national, multi-vertical workforce solutions provider.
  • Hays plc: Global specialist recruitment and workforce solutions firm focused on qualified, professional hires across sectors including construction, healthcare, and oil & gas — directly mirroring SMASCO's verticals.
  • Robert Half International: Specialized staffing firm placing professionals in finance, technology, legal, and administrative roles. Comparable on professional staffing model and contract/placement revenue mix.
  • ManpowerGroup: Global workforce solutions and staffing giant operating across temporary, permanent, and specialized placement. Directly comparable as a multi-vertical, government- and enterprise-staffing operator with similar managed-services revenue model.
  • SThree: Global specialist staffing provider focused on STEM skills. Comparable on contract staffing model serving enterprise clients in resource, energy, and engineering sectors.
  • Adecco Group: Swiss-headquartered global staffing leader in temporary staffing, permanent placement, and career transition. Comparable in scale, multi-sector coverage, and reliance on regulated labor markets.
  • Saudi Industrial Recruitment Company (SIRC): Saudi-listed workforce solutions company with multi-sector staffing operations and government contracts in the Kingdom. The closest local public peer in terms of Saudi regulatory positioning.

Regional players

  • TASC Outsourcing: UAE-headquartered outsourcing and workforce solutions provider serving the Middle East. Closest regional peer — comparable on managed staffing, outsourced workforce, and GCC client base — though it does not compete head-to-head in KSA.
  • Al Tamimi Group: Saudi HR and recruitment company providing local and international workforce solutions. Comparable as a Saudi-rooted staffing and HR services provider; focused on KSA, limiting direct overlap.

Broad incumbents

  • Michael Page International: Global specialist recruitment firm operating across Middle East. Comparable on enterprise recruitment and professional staffing, but broader portfolio rather than specialized staffing focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Saudi Manpower Solutions social profiles

Digital presence

Saudi Manpower Solutions financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Saudi Manpower Solutions leadership team

Management profile

Number of profiles

Profiles1 record

Saudi Manpower Solutions subsidiaries and ownership

Company hierarchy

Subsidiaries6 records

Saudi Manpower Solutions funding detail

Funding detail

Funding overview

Funding rounds

Investors

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

Saudi Manpower Solutions M&A and investment

M&A and investment

M&A

Investments

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

Frequently asked questions about Saudi Manpower Solutions

What does Saudi Manpower Solutions do?

Saudi Manpower Solutions (SMASCO) is a Riyadh-based workforce solutions company that supplies skilled and unskilled labor to enterprises and government entities across Saudi Arabia. Its services span permanent, seasonal, and hourly staffing, plus comprehensive HR administration covering visas, insurance, payroll, and training. The company also operates subsidiaries in logistics (SLSC), home care (Rahah), customer experience (Tarhab), and startup investment (Sanaym).

Is Saudi Manpower Solutions a public or private company?

Saudi Manpower Solutions is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Saudi Manpower Solutions founded?

Saudi Manpower Solutions was founded in 2012. It employs 501 to 1,000 people.

Where is Saudi Manpower Solutions based?

Saudi Manpower Solutions is headquartered in Riyadh, Saudi Arabia, in the Middle East region.

How does Saudi Manpower Solutions make money?

Two revenue lines are on record. Manpower Leasing and Staffing Services are the primary driver. The others are government Contracts.

Who are Saudi Manpower Solutions's main competitors?

Direct peers on record are Randstad, Hays plc, Robert Half International, ManpowerGroup, SThree, Adecco Group and Saudi Industrial Recruitment Company (SIRC). Regional players are TASC Outsourcing and Al Tamimi Group. Michael Page International is listed as a broad incumbent.

Does Saudi Manpower Solutions have an API?

No public API is recorded for Saudi Manpower Solutions.

What industry is Saudi Manpower Solutions in?

Saudi Manpower Solutions's product category is Workforce Staffing Services. Its primary akta.pro industry code is BPACAKAB, HR Shared Services Centers (Captive/Managed), with a secondary code of BPACAIAB, Payroll Software & Payroll-as-a-Service (SaaS). Its NAICS code is 561320 and its SIC code is 7363.

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ArgaamSMASCO to distribute 15% cash dividend for H1 2026Saudi Manpower Solutions Co. (SMASCO) announced that its board approved a 15% cash dividend of SAR 0.15 per share for the first half of 2026. The total payout amounts to SAR 60 million, with a record date set for August 27, 2026, and payment scheduled for September 9, 2026.SahmcapitalSMASCO Declares SAR 60M Cash Dividend for H1 2026Saudi Manpower Solutions Company (SMASCO) announced that its Board of Directors resolved to distribute SAR 60 million in cash dividends to shareholders for the first half of 2026. The distribution amounts to SAR 0.15 per share, with payments scheduled for September 9, 2026, for eligible shareholders recorded by August 27, 2026.ArabnewsClosing Bell: Saudi main index rises to close at 10,954.46Saudi Arabia's Tadawul All Share Index rose 0.26% to close at 10,954.46 on Thursday, with turnover exceeding SR5.07 billion. Al Rashid Industrial and Saudi Manpower Solutions approved cash dividends for the first half of 2026, while Middle East Pharmaceutical Industries renewed a SR50 million credit facility.ArgaamSMASCO sees demand rebound in individuals segment, corporate growth in H2 2026Saudi Manpower Solutions Co. (SMASCO) reported a rise in net profit to SAR 93.2 million for the first half of 2026, driven by improved margins in its individuals segment despite seasonal revenue fluctuations. The company anticipates demand recovery in the latter half of the year while maintaining stability and growth in its corporate segment, although margin pressure persists due to intensifying competition. Additionally, SMASCO's Waad Home Services subsidiary is accelerating market share gains and targeting a 50% reduction in startup losses this year.ArabnewsClosing Bell: Saudi stocks edge higher as Tadawul closes at 10,845Saudi Arabia's Tadawul All Share Index edged higher on Monday, closing at 10,845.58 after gaining 28.57 points. Trading turnover reached SR5.299 billion, with 135 stocks advancing and 127 declining. Riyad Bank completed a SR10 billion sukuk offering, and several companies announced dividends, contracts, and credit facilities.EnterpriseamSaudi Ground, Tanmiah Food, Fakeeh Care, Al Mawarid, Saudi Manpower report 2Q 2026 earningsSaudi Ground Services swung to a net loss of SAR 56.6 mn in Q2 2026, while Fakeeh Care's net income fell 29.5% to SAR 57.9 mn. Tanmiah Food and Al Mawarid saw gains, with Saudi Manpower up 51.1% to SAR 44.6 mn.ArabnewsClosing Bell: Saudi main index edges up to 10,817Saudi Arabia's Tadawul All Share Index edged higher on Sunday, closing at 10,817.01, up 5.44 points. Saudi Manpower Solutions reported a net profit of SR93.19 million for the first half of 2026, up 33.1 percent year-on-year, while its share price slipped 0.78 percent.StaffingindustrySaudi Manpower Solutions signs contract for domestic worker sheltersSaudi Manpower Solutions, through its subsidiary Saudi Logistics Services, signed a two-year framework agreement with the Ministry of Human Resources and Social Development to provide and operate shelters for absent and unemployed domestic workers in Saudi Arabia. The estimated contract value is SAR 80.7 million (USD 21.5 million), with the financial impact expected to be reflected in the company's financial statements starting from Q3 2026. The agreement covers shelter services for domestic workers, a sector where the Saudi Gazette reported 3.97 million registered domestic workers in the country as of 2025.ZawyaSaudi Manpower Solutions signs $21.5mln shelters contract with ministrySaudi Manpower Solutions signed a $21.5 million contract with the Ministry of Human Resources and Social Development to provide and operate shelters for absent and unemployed domestic workers. The two-year agreement was signed on June 29, with financial impact expected from the third quarter of 2026.AInvestSaudi Manpower Solutions - estimated contract value of 80.7 million riyalsSaudi Manpower Solutions Co. (SMASCO) has secured a government contract valued at 80.7 million Saudi riyals (including VAT) with the Ministry of Human Resources and Social Development, awarded through its subsidiary Saudi Logistics Services Company Limited. The contract involves providing shelters for absent and unemployed domestic workers over a two-year period, with the project officially awarded on May 4, 2026 and formal signing scheduled for May 20, 2026. The agreement is part of broader government efforts to improve labor welfare and protect domestic workers' rights, and is expected to contribute to SMASCO's revenue stream while reinforcing its role in national labor initiatives.