Nesma
- Company typePrivate
- Founded1979
- HeadquartersJeddah, Saudi Arabia
- Headcount5,001–10,000
- GTM typeB2B and B2C
- OfferingServices
Nesma firmographics
Firmographics- Name
- Nesma
- Legal name
- Nesma Co. Ltd
- Website
- https://nesma.com
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Ownership category
- akta.pro rank
Nesma industry classification
Industry- Product category
- Diversified Industrial Conglomerate Services
- NAICS
- Management of Companies and Enterprises (55111), Corporate, Subsidiary, and Regional Managing Offices (551114), Offices of Other Holding Companies (551112)
- SIC
- Pipe Lines (No Natural Gas) (4610), Airports, Flying Fields & Airport Terminal Services (4581)
- akta.pro primary industry
- Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)
- akta.pro secondary industry
- Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI)
Keywords
Where Nesma is headquartered
LocationHeadquarters
- HQ city
- Jeddah
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices2 records
Markets served
Nesma business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Construction and Infrastructure Contracts: Nesma's subsidiaries (e.g., Nesma & Partners, NIT) generate revenue through large-scale engineering, procurement, and construction (EPC) contracts for government and enterprise clients in Saudi Arabia. Revenue is project-based and typically one-time per contract.
- Facilities Management and O&M Services: NUI and other subsidiaries provide ongoing operation and maintenance services under multi-year framework agreements (e.g., KAUST campus O&M, King Salman International Airport O&M), generating recurring service revenue.
- Water and Energy Infrastructure (BOOT): Projects like the Jubail–Buraydah Independent Water Transmission Pipeline operate under a Build-Own-Operate-Transfer (BOOT) model, generating revenue over the concession period.
- Logistics and Freight Forwarding: Namma Cargo provides freight forwarding, logistics, and distribution services including iHerb regional distribution center operations, generating revenue from service fees and contract values.
- Retail and Entertainment: Play Cinemas operates cinema branches generating revenue from ticket sales and concessions, expanding across multiple Saudi cities.
- Manufacturing and Supply: Subsidiaries such as Nesma Concrete Solutions, Nesma Orbit (tiles), and Namma International Digitec manufacture and supply construction materials and print/reprographics services.
- Hospitality and Pilgrimage Services: Mawaddah International Group provides hotel and Umrah services, ferry pilgrim transport, and Hajj services.
- Security Services: Nesma Security provides security guard and systems integration services across industrial cities and critical facilities under contract.
- Aviation Services: Nesma Airlines (domestic operations in KSA) and Nesma Airlines (Egypt) operate scheduled passenger flights. Nesma United Industries provides O&M for airports.
Go-to-market motion3 records
Distribution channels6 records
Marketing channels4 records
Nesma product offering
Product offeringCore offering
Nesma is a privately owned Saudi Arabian diversified conglomerate operating through 30+ companies across 10+ market sectors. Its subsidiaries deliver engineering, procurement and construction (EPC) contracting, integrated facilities management, water and energy infrastructure (including BOOT concessions), renewable energy, telecommunications infrastructure, freight forwarding, passenger airlines, hospitality, cinema entertainment, and building materials manufacturing for government, enterprise, and consumer clients primarily in Saudi Arabia and the broader Middle East.
Product overview
Nesma is a privately owned Saudi Arabian conglomerate operating across diverse industries through its portfolio of 30+ market-leading companies. The ecosystem spans construction and infrastructure (Nesma & Partners, NIT), energy and utilities (Nesma Water & Energy, Nesma Renewable Energy), facilities and industrial services (Nesma United Industries, Nesma Security), transportation and logistics (Namma Cargo, Nesma Airlines, Namma Shipping Lines), technology (Nesma Telecom & Technology, NDIGITEC), hospitality (Mawaddah International Group), entertainment (Play Cinemas), and specialized manufacturing (Nesma Concrete Solutions, Nesma Orbit, Koncar). The company executes major projects including water transmission pipelines, renewable energy installations, modular construction, and critical infrastructure for Saudi Vision 2030 initiatives.
Differentiator
Problem solved
Functional benefit
Products and services
- Construction and Contracting Services Engineering, procurement and construction (EPC) contracting services for civil, building, oil and gas, petrochemicals, power, and water mega-projects in Saudi Arabia, delivered to government and enterprise clients.
- Integrated Facilities Management Services Integrated facilities management including maintenance, operations, cleaning, waste management, pest control and workplace services for large campuses, airports, and industrial environments such as KAUST and King Salman International Airport.
- Infrastructure and Technology Solutions
- Water and Energy EPC and O&M Services
- Renewable Energy Power Projects
- Security Services
- Freight Forwarding and Logistics Services
- Domestic and Regional Airline Services Full-service airline operating scheduled domestic flights within Saudi Arabia and international regional flights between Saudi Arabia and Egypt using ATR 72-600 and Airbus A320 aircraft.
- Modular Construction Solutions
- Hotel and Umrah Services
- Prepress and Reprographics Services
- Porcelain Tiles and Building Materials Distribution
- Concrete Products and Solutions
- Cinema Entertainment Operations
Quantifiable outcome
- World record for lowest cost of electricity from wind energy at Al-Dawadmi (1,500 MW) — Nesma Renewable Energy with KEPCO and EtihadWE
- +5 more outcomes
Companies that use Nesma
Customer profileNamed customers17 records
Segments6 records
Ideal customer profiles3 records
Nesma technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature7 records
Nesma partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- CJ LogisticscoreNesma invested in the development and construction of the iHerb Global Distribution Center in Saudi Arabia, while Namma Cargo jointly operates the facility with CJ Logistics, managing middle-mile logistics and warehouse operations with 24/7 automated fulfillment capacity of up to 35,000 packages per day.
- GEODISminorNamma Cargo and Saudi Iron and Steel Company (HADEED) held an implementation meeting focused on system integration, operational alignment and activation planning in coordination with global logistics partner GEODIS following the award of the SAR 270 million freight forwarding contract.
- Korea Electric Power Corporation (KEPCO)coreNesma Renewable Energy, in partnership with KEPCO and EtihadWE, achieved a global milestone by setting the world record for the lowest cost of electricity generation from wind energy through the Al-Dawadmi Wind Project (1,500 MW capacity) awarded under Round 6 of the National Renewable Energy Program.
- Aljomaih Energy & Water CompanycoreNesma, in partnership with Aljomaih Energy & Water Company and Buhur for Investment Company, achieved financial close for the Jubail–Buraydah Independent Water Transmission Pipeline Project. The project is one of Saudi Arabia's most significant water transmission projects, developed under the BOOT model.
- Buhur for Investment CompanycoreJoint development partner with Nesma and Aljomaih Energy & Water Company for the Jubail–Buraydah Independent Water Transmission Pipeline Project (587 km, 650,000 m³/day capacity, BOOT model, targeted commercial operations Q2 2029).
- EtihadWEcorePartnered with Nesma Renewable Energy and KEPCO to achieve the world record lowest cost of wind energy generation at the Al-Dawadmi Wind Project (1,500 MW).
- Fidwah CompanyminorNesma Orbit entered a partnership with Fidwah Company to supply over 10,000 square meters of porcelain tiles for the Jarir Headquarters Tower in Riyadh.
- Al-Tayyar GroupminorNesma Airlines' new Jeddah domestic routes (to Riyadh, Dammam, and Hail) were operated based on a partnership with Al-Tayyar Group using aircraft leased from Small Planet Airlines.
- KeolisminorNesma and French public transport operator Keolis signed a MoU in Jeddah (May 2015) to form a strategic alliance for developing public transport systems within Saudi Arabia. Keolis is an international leader in passenger transport operating across four continents, supported by SNCF (70%) and CDPQ (30%).
- Dubai Aerospace Enterprise (DAE)minorNesma Airlines' first two ATR 72-600 aircraft were leased from Dubai Aerospace Enterprise (DAE) Ltd. DAE noted that the ATR 72-600 is the preferred regional aircraft for leasing firms.
- Kandussi Group AustriaminorNesma Concrete Solutions (NCS) is a joint venture between Nesma Holding and Kandussi Group Austria, bringing 50 years of experience in concrete product production and innovative solutions to the construction industry in Saudi Arabia. The JV uses American manufacturing technology (Columbia CPM 50 production line).
- Benan Musanada CompanyminorMawaddah Int'l Group for Hotels and Umrah Services signed a MoU with Benan Musanada Company to explore collaboration in developing and operating hospitality assets in Saudi Arabia under the JAYDEN hospitality platform, with Benan focusing on real estate development and Mawaddah leading hotel management.
- ReAya HoldingminorNesmal (Nesma Holding's investment arm in Turkey and Egypt) and ReAya Holding invested in a Turkish eye hospital chain Avrupagöz, acquiring a 50% stake for nearly USD 23.6 million. ReAya Holding specializes in healthcare and life sciences investment in the GCC, MENA region, and Turkey.
- ArRiyadh New Mobility Consortium (Larsen & Toubro, Ansaldo STS, Bombardier, Impregilo)coreNesma & Partners was part of the ArRiyadh New Mobility Consortium awarded a turnkey contract for the Riyadh Metro project (estimated USD 5.94 billion) from ArRiyadh Development Authority, covering design, construction, and commissioning of 41 km of driverless train operation.
- Calzavara S.p.A.minorNT&T (Nesma Telecom & Technology) signed an agreement with Calzavara to become the exclusive distributor of Calzavara's antenna concealment solutions, products, and services in Saudi Arabia. Calzavara is an Italian industrial group specializing in telecom, broadcasting, engineering, renewable energy, and security sectors.
Scale indicators20 records
Recent moves6 records
Expansion highlights5 records
Nesma competitors and assessment
Company assessmentDirect peers
- Saudi Binladin Group: Saudi privately held diversified conglomerate with construction, infrastructure, and real estate as core activities. Closest direct analog to Nesma by structure, geography, and customer base (Saudi government and giga-projects).
- ACWA Power: Saudi-listed developer, investor, and operator of power and water infrastructure under IPP/BOOT models. Closely comparable to Nesma's NW&E, Nesma Renewable Energy, and the Jubail–Buraydah BOOT pipeline.
- Almabani Group: Saudi general construction and infrastructure contractor with long-standing relationships across Saudi government and Vision 2030 mega-projects. Comparable in scale and customer set to Nesma & Partners and NIT.
- El Seif Engineering Contracting: Major Saudi EPC contractor delivering mega-projects including healthcare facilities, high-rise, and infrastructure. Comparable to Nesma & Partners on hospital and large-scale construction contract profiles.
- Alfanar Group: Saudi conglomerate active in EPC for electrical transmission and substations, renewable energy, and construction materials. Direct overlap with NIT's SEC substation work and Nesma Renewable Energy's IPP portfolio.
- Bahri (Saudi National Shipping Company): Saudi-listed maritime and logistics company operating shipping, freight forwarding, and supply chain services. Direct comparable to Namma Cargo's freight forwarding and Namma International Marine Services' Red Sea shipping.
- Al Rajhi Construction & Development: Saudi construction and infrastructure contractor operating across civil, mechanical, and electrical projects for government and enterprise clients. Directly comparable to Nesma & Partners' contracting portfolio.
Regional players
- Al Jaber Group: UAE-based diversified conglomerate with construction, energy, logistics, and trading operations across the GCC. Comparable in conglomerate structure and geographic reach to Nesma, though primarily UAE-focused.
Broad incumbents
- Larsen & Toubro: Indian-listed global EPC and infrastructure conglomerate active across power, hydrocarbons, water, transportation, and renewables. Comparable to Nesma's full EPC/BOOT stack and a co-consortium partner on the Riyadh Metro project.
- Kingdom Holding Company: Saudi diversified holding company with investments across hospitality, real estate, telecom, media, and healthcare. Comparable in conglomerate/holding structure and Vision 2030-aligned exposure, though broader and more investment-led than operationally driven.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Nesma social profiles
Digital presenceNesma financial estimates
Financial estimateRevenue estimate
Valuation estimate
Nesma leadership team
Management profileNumber of profiles
Profiles6 records
Nesma subsidiaries and ownership
Company hierarchySubsidiaries28 records
Nesma funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Nesma M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Nesma
What does Nesma do?
Nesma is a privately owned Saudi Arabian diversified conglomerate operating through 30+ companies across 10+ market sectors. Its subsidiaries deliver engineering, procurement and construction (EPC) contracting, integrated facilities management, water and energy infrastructure (including BOOT concessions), renewable energy, telecommunications infrastructure, freight forwarding, passenger airlines, hospitality, cinema entertainment, and building materials manufacturing for government, enterprise, and consumer clients primarily in Saudi Arabia and the broader Middle East.
Is Nesma a public or private company?
Nesma is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Nesma founded?
Nesma was founded in 1979. It employs 5,001 to 10,000 people.
Where is Nesma based?
Nesma is headquartered in Jeddah, Saudi Arabia, in the Middle East region.
How does Nesma make money?
Nine revenue lines are on record. Construction and Infrastructure Contracts are the primary driver. The others are facilities Management and O&M Services, water and Energy Infrastructure (BOOT), logistics and Freight Forwarding, retail and Entertainment, manufacturing and Supply, hospitality and Pilgrimage Services, security Services and aviation Services.
Who are Nesma's main competitors?
Direct peers on record are Saudi Binladin Group, ACWA Power, Almabani Group, El Seif Engineering Contracting, Alfanar Group, Bahri (Saudi National Shipping Company) and Al Rajhi Construction & Development. Al Jaber Group is listed as a regional player. Broad incumbents are Larsen & Toubro and Kingdom Holding Company.
Does Nesma have an API?
No public API is recorded for Nesma.
What industry is Nesma in?
Nesma's product category is Diversified Industrial Conglomerate Services. Its primary akta.pro industry code is EUANALAE, Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight), with a secondary code of EUAEADAI, Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads). Its NAICS code is 55111 and its SIC code is 4610.