THE MIDDLE EAST’S
Top 100 Arab
Family Businesses
36. Nesma Holding Company
Country: Saudi Arabia
Sector: Diversified
Establishment: 1979
Chairman : Faisal Alturki
Nesma Holding Group operates in 14 sectors through 50 companies across Saudi Arabia, the U.A.E., Egypt, and Croatia. It is active in construction, oil and gas, real estate, hospitality, port, marine and shipping services, aviation, logistics, and IT. Notable mega projects are Jabal Omar Development, Watani, the Red Sea Landscape Nursery, Dumat Al Jandal Onshore Wind Farm, and the South Jeddah Solar Power Project, which aims to power 50,000 homes and cut 750,000 tons of CO2 emissions.