What Alturki Holding does

Alturki Holding is a private Saudi Arabian investment holding company founded in 1975 and headquartered in Al Khobar, Eastern Province, with a regional office in Riyadh. The company operates as an investment house that builds, leads, and accelerates growth across 15+ operating businesses and joint ventures, serving enterprise and government clients in Saudi Arabia and the broader MENA region. Its portfolio spans building materials (Saudi Readymix with 30+ factories producing ready-mix concrete since 1978; Masheed in cement and sustainable cement alternatives), industrial and energy services (Inma Steel, Sawafi Al-Jazeera and NEWSCO in upstream oil and gas directional drilling and MWD technology, with technology hubs in Dhahran, Houston, and Aberdeen), facilities management (Musanadah), and transportation services (Samara, Tahreez). Joint ventures extend the platform into contracting (Nesma & Partners, with PIF and Rawabi), testing, inspection and certification (Element Materials Technology, Applus+ Velosi), and corporate venture capital (Alturki Ventures). Strategic partnerships include Banque Saudi Fransi for supply chain financing and SESCO Trading for a 2 million-ton-per-year cement alternatives grinding station in central Saudi Arabia.

The company monetizes primarily through direct subsidiary operations and returns from joint ventures, with revenue generated from enterprise and government contracts, project-specific tenders, and multi-year service agreements across construction materials, oilfield services, facilities management, and transportation. Technology and product depth is concentrated in a few specialized areas: directional drilling and measurement-while-drilling solutions from Sawafi/NEWSCO (delivered without non-productive time or HSE incidents), advanced vertical grinding technology at Masheed (cutting carbon emissions from concrete inputs by up to 50%), and energy performance analytics delivered through the Musanadah-CoolPlanet program at Inma Steel (targeting a 55% energy intensity reduction by 2030). Digital and AI capabilities are nascent, limited to IoT-driven fleet telemetry and partnership-led industrial diagnostics rather than proprietary AI platforms.

Governance is anchored by founder and Chairman Khalid Ali Alturki, with President and CEO Rami Alturki (also Chairman of Masheed). The group explicitly aligns its investment activity with Saudi Vision 2030, complemented by the Athar community program (launched 2021) focused on education, women's empowerment, youth development, and health in the Eastern Province, and by the 2026 divestment of non-core Arkaz to refocus the portfolio on strategic holdings.

Name

Alturki Holding

Legal name

Alturki Holding

Website

https://alturkiholding.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Alturki Holding is a private Saudi Arabian investment holding company founded in 1975, operating 15+ subsidiaries and joint ventures across building materials, industrial and energy services, transportation, facilities management, and technology services for enterprise and government clients in Saudi Arabia and the MENA region.

Ownership category

akta.pro rank

Headquarters

HQ city

Al Khobar

HQ country

Saudi Arabia

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Investment Returns from Portfolio Companies: Alturki Holding generates revenue through its investment holdings in diversified portfolio companies spanning building materials, industrial and energy services, transportation services, facilities management, and technology services. The company builds, leads, and accelerates growth in these businesses with over 15 operating companies.
2. Subsidiary Operations: Direct operational revenues from wholly-owned and majority-owned subsidiaries including Saudi Readymix (concrete), Masheed (cement alternatives), Sawafi (oil and gas technology), Musanadah (facilities management), and transportation/logistics operations.
3. Joint Venture Returns: Returns from joint ventures including Nesma & Partners (contracting and integrated project solutions), Element Materials Technology (testing, inspection and certification), and Applus Velosi. Jointly owned with partners including Rawabi Holding and Public Investment Fund (PIF).

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

Alturki Holding is an investment and development holding company that builds, leads, and accelerates growth in a diversified portfolio of leading businesses across building materials, industrial & energy services, transportation services, facilities management, and technology services in Saudi Arabia and the MENA region. The company operates through subsidiaries such as Saudi Readymix, Masheed, Musanadah, Sawafi Al-Jazeera, and joint ventures including Nesma & Partners, Element Materials Technology, and Applus+ Velosi.

Product overview

Alturki Holding operates as a diversified investment holding company with a portfolio of subsidiaries and joint ventures across multiple sectors. The company comprises: Building Materials (Saudi Readymix - ready-mixed concrete supplier since 1978, Masheed - sustainable cement alternatives); Industrial & Energy Services (Inma Steel, Sawafi Al-Jazeera - upstream oil and gas technology with global presence, NEWSCO - directional drilling services, Musanadah - facilities management with energy services); Transportation Services (Samara - vehicle rental, Tahreez - mobility services); and Ventures (Alturki Ventures - VC arm). The company also maintains joint ventures including Nesma & Partners (project solutions), Element Materials Technology (testing/inspection/certification), and Applus+ Velosi (energy industry services). Community initiatives are managed through the Athar Program focusing on education, women's empowerment, youth development, and health.

Differentiator

Problem solved

Functional benefit

Brands

• Athar: Community program focused on supporting development initiatives across education, women's empowerment, youth development, and health and wellbeing, particularly in the Eastern Province of Saudi Arabia.
• Alturki Ventures

Products and services

• Saudi Readymix Leading producer and supplier of ready-mixed concrete solutions and related products in Saudi Arabia, operating approximately 30 strategically located factories across the Kingdom's eastern, central, and western regions with a workforce of around 2,400 employees.
• Masheed Specializes in cement and sustainable cement replacements for Saudi Arabia's building materials sector, providing high-quality material solutions that meet construction demands while positively impacting the economy, society, and environment.
• Inma Steel Industrial steel company focused on sustainable practices and energy efficiency, with a 2030 target of achieving 55% reduction in energy intensity while strengthening operational reliability and environmental performance.
• Musanadah Facilities Management Facilities Management Company providing advanced industrial diagnostics, data analytics, and digital engineering capabilities, including energy performance services for industrial operations.
• Sawafi Al-Jazeera Upstream oil and gas technology company delivering cutting-edge solutions for efficiency and sustainability in the sector through a technology hub connecting Dhahran, Houston, and Aberdeen, with global presence across Middle East, North America, Latin America, Europe, Asia, and Africa.
• NEWSCO Directional Drilling Services Provides directional drilling and measurement-while-drilling (MWD) services, delivering drilling engineering packages with MWD and performance drilling systems for Saudi Arabia's energy market.
• Samara Transportation Services Transportation services company providing vehicle rental solutions, operating in partnership with Sixt KSA for mobility and fleet solutions across Saudi Arabia.
• Tahreez Mobility Services Transportation and mobility services company, including fleet operations and technology solutions for sports and entertainment venues.
• Alturki Ventures Venture Capital arm of Alturki Holding, dedicated to investing and supporting innovative businesses with high growth potential, partnering with entrepreneurs who create transformative solutions.
• Nesma & Partners (Joint Venture) Leading provider of integrated project solutions in Saudi Arabia, with operations spanning contracting, industrial services, and global engineering/project management through wholly owned subsidiary Kent. Jointly owned by Nesma Contracting, Alturki Holding, Rawabi Holding, and PIF.
• Element Materials Technology (Joint Venture) Global provider of Testing, Inspection & Certification services with over 8,500 scientists, engineers, and technicians operating in over 270 facilities across Americas, Europe, Middle East, and Asia, serving critical industries including Energy, Aerospace & Defence, and Construction.
• Applus+ Velosi (Joint Venture) Energy & Industry Division in Saudi Arabia focusing on inspection, non-destructive testing, engineering and consulting, supervision and quality management, testing and analysis, vendor surveillance, and energy efficiency solutions.

Quantifiable outcome

• 55% reduction in energy intensity targeted by 2030 (Inma Steel)
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature3 records

Partnerships

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

• MusanadahcoreChannel Partner/ Reseller/ Distributor · 12 May 2026Musanadah Facilities Management Company partnered with Inma Steel and CoolPlanet to launch a structured energy performance program. The partnership delivers advanced industrial diagnostics, data analytics, and digital engineering capabilities to enhance production efficiency and reduce environmental impact, supporting Inma Steel's 2030 target of 55% reduction in energy intensity.
• Sana Association for Young LeadersminorStrategic or Co-development Partner · 4 May 2026Alturki Holding renewed its support for the Sayar Program delivered by Sana Association for Young Leaders, focusing on developing leadership and influence capabilities of talented young women. The program integrates cognitive, professional, and personal development through interactive sessions, hands-on activities, and practical experiences.
• SESCO TradingstrategicStrategic or Co-development Partner · 16 January 2025Partnership with SESCO Trading, one of the largest international trade and marine shipping companies, to establish a cement alternatives grinding station in Saudi Arabia's central region. The project, in collaboration with MODON, will produce 2 million tons annually of cement alternatives using advanced vertical grinding technology, reducing carbon emissions by up to 50% and creating 500+ job opportunities.
• Alturki VenturesstrategicChannel Partner/ Reseller/ DistributorAlturki Ventures is the Venture Capital arm of Alturki Holding, dedicated to investing and supporting innovative businesses with high growth potential. Partners with entrepreneurs creating transformative solutions to increase productivity of organizations everywhere.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Sedco Holding: Saudi private holding company with operations spanning industrial manufacturing, real estate, and trading. Comparable as a long-established Saudi family holding with diversified industrial operations and regional presence.
• Kingdom Holding Company: Publicly listed Saudi diversified investment holding with interests in hospitality, real estate, healthcare, and financial services. Comparable as a high-profile Saudi holding company, though more investment-focused and internationally diversified than Alturki.
• Rawabi Holding: Saudi diversified industrial conglomerate with operations across oil & gas services, construction, facilities management, and industrial support. Direct joint venture partner with Alturki in Nesma & Partners, with overlapping portfolio construction and a similar B2B/B2G go-to-market in Saudi Arabia.
• Zahid Group: Saudi diversified conglomerate with operations across construction equipment, energy, mining, logistics, and industrial services. Comparable as a Saudi family-owned industrial conglomerate serving B2B/B2G customers across similar verticals.
• Olayan Group: One of Saudi Arabia's largest privately held diversified conglomerates spanning construction, consumer, healthcare, financial services, and industrial businesses. Comparable as a long-established Saudi family holding with diversified industrial and services exposure.
• Al Faisaliah Group: Major Saudi diversified holding group with operations across food, healthcare, education, real estate, and industrial sectors. Comparable as a privately held Saudi conglomerate with a multi-decade track record and diversified business portfolio.
• Saudi Binladin Group: One of Saudi Arabia's largest construction and infrastructure conglomerates with operations across building materials, real estate development, and engineering. Comparable as a major Saudi construction conglomerate with diversified industrial and infrastructure exposure aligned with Vision 2030.
• Nesma Holding: Saudi diversified holding whose Nesma Contracting subsidiary co-owns Nesma & Partners with Alturki Holding. Operates across construction, real estate, and industrial services in Saudi Arabia, providing the closest structural parallel as a co-investor in shared JVs and a regional conglomerate peer.

Regional players

• Hassan Allam Holding: Leading MENA-based diversified construction and industrial group with operations across Egypt and the GCC. Comparable as a regional diversified industrial holding with construction, energy, and infrastructure exposure competing for similar Vision 2030-adjacent contracts.
• Al Rajhi Holding: Saudi family holding company operating across contracting, real estate, food, and industrial businesses. Comparable as a Saudi diversified private holding, though with somewhat different sector weighting than Alturki.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AlturkiHolding
• YouTubeyoutube.com/channel/UCHIZWXgTkTtD-QVgXdrSHuA
• Facebookfacebook.com/Alturkiholding
• LinkedInlinkedin.com/company/alturki
• Instagraminstagram.com/alturkiholding

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries10 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 Alturki Holding