THE MIDDLE EAST’S

33. Rawabi Holding
Chairman: Abdulaziz AlTurki
Established: 1980
Country: Saudi Arabia
Rawabi Holding offers services to diverse sectors such as energy, electricity, petrochemicals, specialized contracting, and offshore services. In October 2024, Rawabi Holding formed a joint venture with U.K.-based fintech World Wide Generation to streamline and standardize sustainability reporting across its global operations. Magnom Properties, a Rawabi subsidiary, announced plans in August 2024 to break ground on a $1 billion, 50-story office tower in Egypt’s new capital, powered by clean hydrogen. In April 2024, Rawabi Holding raised $320 million in its largest-ever Sukuk issuance, which was oversubscribed 2.8 times.