AlSuwaiket Group

What AlSuwaiket Group does

AlSuwaiket Group is a privately held Saudi Arabian conglomerate founded in 1967 by Mubarak Bin Abdullah Al Suwaiket and headquartered in Al-Khobar, Eastern Province. The group operates across eight sectors: construction and contracting, oil and gas services, security and defense, power and utilities, healthcare and education, agriculture, life support services, and real estate. Its portfolio includes wholly-owned subsidiaries such as Mubarak A. AlSuwaiket & Sons Oil & Gas Services Co. (MASOG), Aljohara Farms (2 million sqm of hydroponic agriculture in Abqaiq), Mas Real Estate Group (Dhahran Tower and Eurovillage Compound of 560+ villas), MAS Medical, International Programs Schools (2,500-student capacity), and the Institute of Business & Management Higher Studies. The group is the 16th largest in Saudi Arabia, ranking among the most influential family-controlled mega-project contractors.

The company generates revenue primarily through project-based contracts for large-scale infrastructure, industrial, and urban development work aligned with Saudi Vision 2030. Major disclosed contracts include the SAR 2.03 billion North-South Railway project for Saudi Aramco, the SAR 750 million Ministry of Agriculture water transmission project, and the SAR 220 million IPS Campus build. A secondary revenue stream comes from oil and gas services delivered through a joint venture with Egyptian Drilling Company (7 onshore, 3 offshore, plus 9 water well rigs), exclusive STOPAQ corrosion-prevention distribution across the Middle East, and patented technologies including the iCAMM inspection system and licensed Slurry Fracture Injection/Cuttings Re-Injection methods. The group monetizes its portfolio through one-time project contracts, professional oilfield services, hardware sales of corrosion-prevention products, and recurring tuition at IPS and IBMH.

Distribution is driven by direct enterprise and government engagement, complemented by a growing network of international partnerships and joint ventures. Recent strategic alliances include EXP Arabia Engineering Consultants (engineering consulting targeting Saudi Aramco and Saline Water Conversion Company, with offices in Riyadh, Jeddah, and Dhahran), GHENOVA (naval, defense, and energy engineering), Noventiq (digital transformation and security), Vozrozhdenie Group (construction and building materials), EIFM (facility management), and Argentine government economic cooperation. Triple ISO certification (9001:2015, 14001:2015, 45001:2018) underwrites qualification for sensitive mega-tenders.

Name

AlSuwaiket Group

Legal name

Mubarak Abdullah Al Suwaiket & Sons – Trading & Contracting

Website

https://alsuwaiket.sa

Company type

Private

Founded year

1967

Operating status

Operating

Headcount range

11–50 employees

Short description

AlSuwaiket Group is a privately held Saudi Arabian conglomerate founded in 1967 that delivers construction, oil and gas, real estate, agriculture, and education services through wholly-owned subsidiaries and joint ventures, primarily serving Saudi government ministries and Saudi Aramco.

Ownership category

akta.pro rank

Headquarters

HQ city

Al-Khobar

HQ country

Saudi Arabia

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Marketing or Sales

Revenue model

1. Construction & Contracting Services: End-to-end construction and contracting services including infrastructure development and civil engineering projects. Revenue generated from project-based contracts for roads, bridges, sewage systems, and water networks.
2. Oil & Gas Services: Comprehensive services including technical support, drilling operations (7 onshore rigs, 3 offshore rigs, 9 water well rigs), pipeline construction, well control, and specialized equipment provision for the energy sector.
3. Corrosion Prevention Products: Distribution and manufacturing of STOPAQ corrosion prevention materials across GCC region, serving water desalination, oil and gas, and petrochemical industries.
4. Agricultural Products: Production and distribution of food crops through Al Johara Farms (2 million sqm), utilizing hydroponic, vertical, and greenhouse farming techniques.
5. Real Estate Management: Development and management of real estate including Dhahran Tower (highest residential tower in Saudi Arabia) and Eurovillage Compound (560+ villas), plus Mas Real Estate Group operations.
6. Educational Services: Operation of International Programs Schools (IPS) with capacity of 2,500 students and Institute of Business & Management Higher Studies (IBMH) offering professional courses.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

AlSuwaiket Group is a diversified Saudi Arabian conglomerate founded in 1967 that delivers large-scale infrastructural, industrial, and urban development projects. It operates through subsidiaries and joint ventures across construction and contracting, oil and gas services (drilling, pipeline, corrosion prevention), power and utilities, security and defense, healthcare, education, agriculture (hydroponic farming), and real estate development. Revenue is generated from project-based contracts, equipment sales, real estate management, agricultural distribution, and tuition/services.

Product overview

Al Suwaiket Group is a diversified Saudi conglomerate with a multi-sector portfolio structured as a holding company with subsidiary brands and divisions. The Group operates across eight core sectors: Construction & Contracting, Oil/Gas & Pipeline Services, Security & Defense, Power & Utilities, Healthcare & Education, Agriculture, Life Support Services, and Real Estate & Investments. Key branded subsidiaries include Mas Real Estate Group (real estate development managing Dhahran Tower and Eurovillage Compound), Aljohara Farms (2M SQM hydroponic agriculture), MAS Medical (healthcare solutions), and Mubarak A. AlSuwaiket & Sons Oil & Gas Services Co. (MASOG). Educational offerings include International Program School (IPS) with 2,500 student capacity and Institute of Business & Management Higher Studies (IBMH). The Group's diverse divisions work together to deliver integrated mega-projects aligned with Saudi Vision 2030.

Differentiator

Problem solved

Functional benefit

Products and services

• Construction & Contracting Services End-to-end construction and contracting services for infrastructure development and civil engineering projects of varying scale and complexity for government and enterprise clients.
• Oil, Gas & Pipeline Services (MASOG) Comprehensive oil and gas sector services including technical support, well operations, pipeline design/construction/maintenance, drilling (7 onshore rigs, 3 offshore rigs, 9 water well rigs), well control, and production solutions for energy sector clients.
• Security & Defense Services Comprehensive security solutions including advanced surveillance, access control, alarm systems, defense capabilities, supply chain management, and equipment sourcing for industrial and government clients.
• Power & Utilities Services Innovative solutions for power production, transmission, distribution, water desalination, sewage treatment, and utility services combining traditional and renewable energy sources.
• Life Support Services Comprehensive support services including procurement, industrial equipment rental/maintenance, catering, manpower, transportation, and facilities management for remote operations and project sites.
• Aljohara Farms (Agricultural Services) Production and distribution of food crops through Al Johara Farms utilizing hydroponic, vertical, and greenhouse farming techniques on over 2 million sqm, with agricultural products distributed to retailers such as Altamimi Market and Danube Market.
• Mas Real Estate Group (Real Estate Development & Management) Real estate development and management including Dhahran Tower and Eurovillage Compound (560+ villas), operating in national and international markets with projects from inception and design to implementation and management.
• International Program School (IPS) International school campus with capacity for 2,500 students, featuring 4 main buildings and multicultural faculty from 28 nationalities.
• Institute of Business & Management Higher Studies (IBMH) Premier professional educational institute specializing in Travel, Tourism, Aviation & Hospitality Management with IATA training programs in Saudi Arabia.
• MAS Medical (Healthcare Services) Specialized medical company providing integrated and advanced healthcare solutions as part of Al Suwaiket Group's healthcare services.

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Ten partnerships are on record, tiered core, flagship and minor.

• EXPcoreStrategic or Co-development Partner · 17 July 2025Joint venture 'EXP Arabia Engineering Consultants' to design, engineer and build world-class facilities and infrastructure projects within Saudi Arabia. The joint venture aims to serve projects by Saudi Aramco, Saline Water Conversion Company, National Water Company, and others, with offices in Riyadh, Jeddah, and Dhahran.
• Vozrozhdenie GroupflagshipStrategic or Co-development Partner · 17 July 2025Cooperation agreement with one of the largest multi-industry companies in North-West Russia for construction, production of building materials, and restoration of historical landmarks. Partnership aims to boost investment in Saudi Arabia leveraging Vision 2030 opportunities.
• NoventiqflagshipStrategic or Co-development Partner · 17 July 2025Strategic partnership with global leader in security solutions and digital transformation. Collaboration opens new horizons for delivering advanced technological solutions to institutions across Middle East and Africa, leveraging Noventiq's 30+ years expertise.
• Republic of ArgentinaminorOthers · 17 July 2025Meeting between Chairman and Argentine Ambassador to enhance economic cooperation and explore mutual investment opportunities between the two sides.
• GHENOVAcoreStrategic or Co-development Partner · 8 October 2024Strategic partnership with multinational engineering firm (40+ years expertise) for joint venture company covering naval and defense, energy, oil and gas, and digital services sectors. The alliance enables participation in upcoming projects and fosters exchange of expertise, knowledge, and resources.
• EIFMminorStrategic or Co-development Partner · 1 August 2024Partnership resulting in opening of EIFM's headquarters in Al-Khobar. EIFM is a leader in facility management providing innovative solutions for operational efficiency and customer satisfaction.
• Wild Well Control (WWC)coreTechnology or Integration · 1 January 2021Partnership for well control services offering emergency and non-emergency responses for onshore and offshore situations. WWC has 40+ years of experience preventing and resolving well control events.
• STOPAQ BV/Seal for Life IndustriescoreOEM/ Whitelabel/ Licensing Partner · 1 January 2008Exclusive master distributor for Middle East region providing advanced Visco-Elastic corrosion preventive coatings. Partnership includes factory establishment in Saudi Arabia's Eastern Province for GCC distribution.
• WWT (World Wide Technologies)coreTechnology or Integration · 1 January 2002Association with WWT of Houston for innovative products including Non-Rotating Drill Pipe Protector (NRP) and SuperSlider Protector addressing drilling challenges.
• Egyptian Drilling CompanycoreStrategic or Co-development Partner · 1 January 1996Joint venture in Saudi Arabia for drilling onshore and offshore oil and gas wells. Currently operates 7 onshore drilling rigs and 3 offshore drilling rigs.

Scale indicators13 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Kingdom Holding Company: Large Saudi diversified investment holding company with stakes across multiple sectors. Comparable to AlSuwaiket as a Saudi multi-sector platform, though more investment-oriented and broader in scope.

Direct peers

• El Seif Engineering Contracting: Leading Saudi construction and engineering contractor executing large-scale infrastructure, commercial, and industrial projects. Comparable to AlSuwaiket's construction arm in mega-project delivery for Saudi government and corporate clients.
• NESMA & Partners: Saudi Arabian diversified conglomerate with construction, oil & gas services, real estate, and industrial operations. Most directly comparable to AlSuwaiket as a homegrown Saudi multi-sector group executing mega-projects and serving government/energy clients.
• Rawabi Holding: Saudi diversified group with oil & gas services, construction, industrial, and trading businesses. Comparable to AlSuwaiket in being a multi-sector Saudi platform serving Aramco and government clients with energy-services and infrastructure exposure.
• Almabani General Contractors: Major Saudi general contractor focused on infrastructure, heavy civil, and industrial construction. Comparable to AlSuwaiket's construction & contracting division on mega-project execution for government and energy clients in Saudi Arabia.
• Al Rajhi Construction & Maintenance: Saudi construction and maintenance firm delivering civil, mechanical, and infrastructure projects. Comparable to AlSuwaiket's construction & contracting arm on Saudi mega-project execution.

Regional players

• Al Habtoor Group: UAE-based diversified conglomerate with construction, real estate, hospitality, and education businesses. Highly comparable diversified-conglomerate model to AlSuwaiket, but based in the UAE rather than Saudi Arabia.
• Emaar Properties: Middle East real estate developer with large residential, commercial, and mixed-use communities. Comparable to AlSuwaiket's real estate division on large-scale residential community development, but UAE-headquartered and globally diversified.

Emerging players

• Dar Al Arkan Real Estate Development: Saudi real estate developer focused on residential, commercial, and mixed-use projects. Comparable to AlSuwaiket's Mas Real Estate Group and Eurovillage/Dhahran Tower holdings in Saudi residential development.

Others

• Aldrees Petroleum & Transport Services: Saudi company providing fuel transport, petroleum trading, and related services. Comparable to AlSuwaiket's downstream/industrial activity around oil & gas services and fuel-related operations in Saudi Arabia.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/alsuwaiket

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries11 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 AlSuwaiket Group