Al-Rashid Trading & Contracting Co.

What Al-Rashid Trading & Contracting Co. does

Al-Rashid Trading & Contracting Co. (RTCC) is a privately held Saudi Arabian Closed Joint Stock Company founded in 1957 in Riyadh, operating as a Grade 1 (highest-tier) general construction contractor. It executes large-scale EPC, LSTK, and LSPB projects across five core verticals: construction (residential, commercial, educational, medical facilities), oil & gas (including work for Saudi Aramco), railway and roads, water transmission systems (>30 years of domain history), and real estate development (including its own Al Rashid Tower headquarters and Al Rashid Shopping Mall in Khobar). The company operates with 10,000+ employees and pursues projects through competitive bidding against government ministries, state-owned enterprises, and mega-project clients.

RTCC's revenue model is project-based EPC contracting (one-time license equivalent), with no recurring SaaS or service streams; pricing is not publicly disclosed and is set through competitive tenders. The customer base is almost exclusively Saudi public-sector anchors — Ministry of Education (first contract in 1962), Saudi Aramco, Saline Water Conversion Corporation (SWCC), Ministry of Interior, General Authority of Civil Aviation (GACA), King Saud University, and, more recently, Vision 2030 giga-project sponsors NEOM Company, Diriyah Gate Company, and King Salman Park Foundation. Notable executed or ongoing projects include the Shuqaiq Phase 3 Water Transmission System (248 km of large-diameter pipeline), Riyadh King Khalid International Airport terminal expansions, the Custodian of the Two Holy Mosques Security Headquarters (400,000+ sqm built-up area, 32+ million sqm of sites), and King Saud University's 342-villa/12-tower staff residential complex.

The company pursues vertical integration through two long-standing joint ventures — Saudi Services for Electro-Mechanical Works Co. and Al Rashid Abetong Co. (concrete/abetong) — established with multinational partners by RTCC senior management. Ownership and governance sit with the founding Al Rashid family: Rashid Saad Al-Rashid chairs the board, Salah Rashid Al-Rashid serves as vice chairman, with family members occupying additional board and divisional CEO roles (e.g., Abdulaziz Bin Abdulrahman Al-Rashid as Real Estate CEO); Eng. Mubarak Bin Saleh Al-Majed is the sole named non-family executive as General Manager of Contracting. RTCC does not publicly disclose revenue or funding events, and no AI, software, or recurring digital product lines are evidenced in the available material.

Name

Al-Rashid Trading & Contracting Co.

Legal name

Al-Rashid Trading & Contracting Co. (Closed Joint Stock Company)

Website

https://rtcc.com.sa

Company type

Private

Founded year

1957

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Al-Rashid Trading & Contracting Co. (RTCC) is a Saudi Arabian Grade 1 EPC, LSTK, and LSPB contractor, founded 1957 in Riyadh, executing mega-infrastructure projects in construction, oil & gas, water transmission, railways, and real estate for government ministries and state-owned enterprises.

Ownership category

akta.pro rank

Product category

Engineering & Construction Services

NAICS

Engineering Services (541330), Specialty Trade Contractors (238)

SIC

General Bldg Contractors - Nonresidential Bldgs (1540), Services-Engineering Services (8711)

akta.pro primary industry

Commercial General Contracting (New Build) (IMAFAAAA)

akta.pro secondary industries

Construction Management & General Contracting (EPCM, Scheduling, QA/QC, HSE) (EUAMAFAJ), Energy & Renewables Specialty Contracting (Solar PV, Storage, EV Charging) (IMAFALAJ)

Keywords

• Construction contracting services
• EPC project delivery
• Water transmission infrastructure
• Railway construction services
• Real estate development

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Contracting: Project-based construction contracting services including EPC (Engineering, Procurement, Construction), LSTK (Lump Sum Turnkey), and LSPB projects for government and enterprise clients
2. Real Estate Development: Real estate projects including residential compounds, commercial buildings, shopping malls, and office towers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Al-Rashid Trading & Contracting Co. (RTCC) is a Saudi Arabian construction and contracting company that executes large-scale EPC, LSTK, and LSPB projects across five core lines: Construction Projects (residential, commercial, educational, medical), Oil & Gas Projects, Railway and Road Projects, Water Projects (transmission systems, pipelines, refinement), and Real Estate Projects. The company serves government agencies and large enterprises primarily through competitive bidding, supported by joint ventures in electro-mechanical works and concrete production.

Product overview

Al-Rashid Trading & Contracting Co. (RTCC) is a Closed Joint Stock Company established in 1957 offering a diversified portfolio of construction and contracting services across five core business lines: Construction Projects (residential, commercial, educational, and medical facilities), Oil & Gas Projects (EPC/LSTK/LSPB), Railway and Road Projects, Water Projects (transmission systems and pipelines), and Real Estate Development. The company operates alongside sister companies Saudi Services for Electro-Mechanical Works Co. and Al Rashid Abetong Co., both joint ventures with multinational partners. RTCC holds Grade 1 (highest) classification from the Saudi Contractors Classification Agency and has completed landmark projects including King Khalid International Airport expansions, North-South Railway, Shuqaiq Water Transmission System, and NEOM Trojena water infrastructure.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction Projects Comprehensive construction of residential, commercial, educational campuses, and medical centers with full infrastructure work, delivered for government agencies and large enterprises in Saudi Arabia.
• Oil & Gas Projects Large-scale EPC, LSTK, and LSPB projects for the oil and gas sector, utilizing specialized standards-grade equipment and rigorous execution to meet demanding project requirements, including petroleum transmission lines.
• Railway and Road Projects Construction of roads and railway infrastructure executed by globally recruited skilled expertise, including the North-South Railway and other major railway projects in the Kingdom of Saudi Arabia.
• Water Projects Water transmission systems, pipelines, and water refinement mega projects including the Makkah–Taif Water Transmission System, Shuqaiq Phase 3 Water Transmission System, Shoaiba desalination feed projects, and NEOM Trojena water transmission line.
• Real Estate Projects Quality real estate development services encompassing engineering, design, procurement, transportation, and project management, including flagship properties such as Al Rashid Tower (RTCC Head Office) in Riyadh and Al Rashid Shopping Mall in Khobar, alongside residential compounds, commercial buildings, shopping malls, and office towers.

Quantifiable outcome

• Over 66 years of successful project delivery since 1957
• +1 more outcomes

Named customers9 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Saudi Services for Electro-Mechanical Works Co.coreStrategic or Co-development PartnerJoint venture partnership with multinational companies established by RTCC senior management to strengthen corporate objectives in electro-mechanical works, providing comprehensive engineering services for construction projects
• Al Rashid Abetong Co.coreStrategic or Co-development PartnerJoint venture with multinational companies established to provide concrete production capabilities and construction materials for RTCC projects, enabling vertical integration in the construction value chain

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Almabani General Contractors: Leading Saudi EPC contractor with deep experience in airports, military facilities, oil & gas, and large-scale government projects. Closely mirrors RTCC's EPC/LSTK model and Grade 1 status, frequently competing head-to-head on Saudi mega-tenders.
• Al Harbi Trading & Contracting Co. Saudi general contractor with multi-decade history of government, industrial, and infrastructure projects. Closely comparable to RTCC in Saudi Grade 1 contracting and public-sector client mix.
• Nesma & Partners: Major Saudi EPC contractor executing water transmission, infrastructure, industrial, and government building projects. Comparable to RTCC across diversified construction verticals with a similar Grade 1 footprint and public-sector client base.
• Al Bawani Co. Saudi Grade 1 general contractor executing large-scale residential compounds, commercial buildings, and infrastructure for public-sector clients. Directly comparable to RTCC's building and infrastructure work in the Saudi market.
• Saudi Binladin Group: Saudi Arabia's largest construction conglomerate, executing mega-infrastructure, airports, railways, and government building projects. Directly comparable to RTCC as a Grade 1 Saudi general contractor competing for the same NEOM/Diriyah/Vision 2030 mega-project pipeline.
• Al-Ayuni Investment & Contracting Co. Saudi EPC contractor focused on infrastructure, water, and government projects. Comparable to RTCC in water transmission and Grade 1 public-sector contracting within Saudi Arabia.
• El-Seif Engineering & Contracting: Saudi mega-project contractor known for high-rise, hospitality, infrastructure, and government buildings. Directly comparable to RTCC in commercial general contracting and Grade 1 mega-project delivery within Saudi Arabia.
• Rowad Alkhaleej International Contracting Co. Saudi EPC and infrastructure contractor executing government, industrial, and water projects in KSA. Comparable to RTCC in Saudi Grade 1 contracting and public-sector mega-project delivery.

Regional players

• Al Habtoor Group: UAE-based conglomerate with a large construction division executing commercial, hospitality, and infrastructure projects across the Gulf. Comparable to RTCC in diversified construction contracting and mega-project delivery, but primarily UAE-focused rather than Saudi.

Broad incumbents

• Consolidated Contractors Company (CCC): MENA-headquartered international EPC contractor executing mega oil & gas, civil, and infrastructure projects across the Gulf and globally. Broader incumbent with overlapping EPC capabilities and Saudi project presence comparable to RTCC's mega-project footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/rtccsa
• Facebookfacebook.com/rtcc.com.sa
• LinkedInlinkedin.com/company/rtcc

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 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 Al-Rashid Trading & Contracting Co.