Nesma

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

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

• Construction contracting services
• Infrastructure EPC solutions
• Facilities management services
• Water and energy projects
• Logistics and transportation services

Headquarters

HQ city

Jeddah

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. 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.
2. 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.
3. 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.
4. 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.
5. Retail and Entertainment: Play Cinemas operates cinema branches generating revenue from ticket sales and concessions, expanding across multiple Saudi cities.
6. 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.
7. Hospitality and Pilgrimage Services: Mawaddah International Group provides hotel and Umrah services, ferry pilgrim transport, and Hajj services.
8. Security Services: Nesma Security provides security guard and systems integration services across industrial cities and critical facilities under contract.
9. 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

Core 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

Named customers17 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

15 partnerships are on record, tiered core and minor.

• CJ LogisticscoreStrategic or Co-development Partner · 4 March 2026Nesma 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.
• GEODISminorStrategic or Co-development PartnerNamma 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)coreStrategic or Co-development PartnerNesma 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 CompanycoreStrategic or Co-development PartnerNesma, 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 CompanycoreStrategic or Co-development PartnerJoint 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).
• EtihadWEcoreStrategic or Co-development PartnerPartnered 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 CompanyminorChannel Partner/ Reseller/ DistributorNesma 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 GroupminorChannel Partner/ Reseller/ DistributorNesma 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.
• KeolisminorStrategic or Co-development PartnerNesma 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)minorOthersNesma 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 AustriaminorStrategic or Co-development PartnerNesma 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 CompanyminorStrategic or Co-development PartnerMawaddah 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 HoldingminorStrategic or Co-development PartnerNesmal (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)coreStrategic or Co-development PartnerNesma & 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.minorChannel Partner/ Reseller/ DistributorNT&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

Direct 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

• Xx.com/NesmaCompany
• Facebookfacebook.com/NesmaCompanyLimited

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries28 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 Nesma