THE MIDDLE EAST’S
80. Riyadh Cables Group
Country: Saudi Arabia
Sector: Industrials
CEO: Borjan Sehovac
Market Value: $5.23 billion
Riyadh Cables Group manufactures power, telecoms, and specialty cables, with facilities in Saudi Arabia, the UAE, and Iraq. As of September 2025, total assets stood at $1.9 billion, with a $1.4 billion backlog and revenue of $2.1 billion in the first nine months of the year. In 2025, it completed acquisitions in Qatar and Uzbekistan to expand its regional manufacturing footprint. In January 2026, it signed an agreement with the Syrian Sovereign Fund for the management, operation, and development of Syrian Modern Cables Company.