Companies in Riyadh

SABIC was created by royal decree in 1976 as Saudi Arabia's answer to a strategic problem: the kingdom had vast oil and gas reserves but no petrochemical industry to convert them into higher-value products. Half a century later it is one of the world's largest petrochemical companies, with roughly 31,000 employees, annual revenue above US$35 billion, and a portfolio spanning polyethylene, polypropylene, polycarbonate, and engineering thermoplastics sold under brands like LEXAN and CYCOLAC. The company's feedstock advantage is structural — access to low-cost ethane from Saudi gas fields gives it a cost-curve position few rivals can match — and it has expanded abroad through majority-owned plants in China, the US, and Europe rather than exports alone. SABIC also operates one of the world's largest carbon-capture projects at its United joint venture, part of a stated goal to reach carbon neutrality by 2050. Industrial buyers turn to SABIC for reliable, specification-grade commodity resins at scale, plus specialty grades for automotive, medical, and packaging applications — with the reassurance of a balance sheet backed by Saudi Aramco, which acquired a 70% stake in 2020.

Ma'aden, the Saudi Arabian Mining Company, was created in 1997 to unlock the Kingdom's vast mineral wealth, and has since grown into one of the world's largest mining and metals groups by market value. Its operations span gold, phosphate, aluminium, copper and industrial minerals, anchored in the Arabian Shield's rich geology and powered by some of the lowest-cost energy in the industry. The company's phosphate business, developed with joint-venture partners at the Wa'ad Al Shamal and Ras Al Khair industrial cities, has made Saudi Arabia one of the top global exporters of phosphate fertilizers. Its aluminium complex at Ras Al Khair is fully integrated from bauxite mining in the Qassim region through alumina refining to smelting, feeding downstream rolling and extrusion customers worldwide. For B2B buyers, Ma'aden represents a state-backed, financially strong supplier of fertilizers, aluminium products and precious metals, with expansion plans under Vision 2030 targeting new mineral commodities such as lithium and rare earths. Its scale, logistics infrastructure and long-term offtake agreements make it a reliable anchor supplier for global commodity procurement teams.

ACWA Power is a Saudi Arabian developer, investor and operator of power generation and desalinated water plants, listed on the Saudi stock exchange and now operating in more than 12 countries across the Middle East, Africa, Central Asia and Southeast Asia. The company was founded in 2004 and has built one of the world's largest portfolios of independent power and water projects, with total capacity in the tens of gigawatts. Its strength lies in public-private partnership models: ACWA Power develops, finances, builds and operates plants under long-term offtake agreements, from gas and combined-cycle plants to some of the world's largest solar PV, wind and concentrated solar projects. The company is also the global leader in desalination, operating reverse-osmosis plants that supply municipal and industrial water across the Gulf. For industrial buyers and utilities, ACWA Power is a partner rather than a commodity supplier, offering energy and water as a service with proven execution in challenging markets. Its green hydrogen venture at NEOM, developed with Air Products, positions it as a first-mover in the emerging clean-fuel export economy.

stc Group, formerly Saudi Telecom Company, is the largest telecommunications and digital services provider in the Middle East, headquartered in Riyadh and majority-owned by the Saudi sovereign wealth fund PIF. Established in 1998 following the privatisation of Saudi Arabia's telecom monopoly, stc has grown into a diversified digital conglomerate serving more than 170 million customers across Saudi Arabia, Kuwait, Bahrain and international markets. The group operates mobile, fixed, broadband and data centre services through stc Saudi Arabia, and has expanded into financial technology through stc pay (now a major digital wallet), cloud computing through Center3, cybersecurity, media and IoT. stc has made strategic international investments including a 9.9% stake in Spain's Telefónica and operations in Kuwait (stc Kuwait) and Bahrain (stc Bahrain). For B2B partners, stc offers enterprise connectivity, cloud, cybersecurity, data centre and IoT solutions across the Gulf, along with fintech APIs through stc pay. Its scale, government backing and digital transformation strategy make it a key technology partner in one of the world's fastest-growing digital economies.