Al Rushaid Group

Sheikh Rasheed AL RUSHAID

Chairman and CEO

AL RUSHAID GROUP

Saudi Arabia is diversifying its energy mix to include cleaner energy sources while improving the growth in its living standards.

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Al Rushaid Group in figures

Number of employees: More than 5,000

Years of experience: More than 45

Al Rushaid Group is a Saudi-owned holding operating nationally and internationally. Launched in 1978, the company operates in a number of sectors and provides various services.

Manufacturing: Chemicals, drilling fluids, power system equipment, drilling tools and equipment, rotating equipment, flow control and process equipment, and more
Engineering services: Mechanical, civil, and electrical engineering and contracting for oil and gas and many other industries
Construction: Full range of construction services for oil and gas, petrochemicals, chemical processing, and power generation industries, among others
Technology: Advanced oil and gas technologies, alternative energy, IT, satellite and data communication technologies
Investments: Investment vehicles for local and international industrial, commercial and residential projects
Commercial real estate: Real estate development and maintenance primarily for businesses operating in Saudi Arabia

The Al Rushaid Group has four key goals: promoting pioneering leadership, maintaining operational excellence, building innovative business relationships and creating a dynamic workforce. The company’s mission is to be a vehicle that allows the world’s most innovative companies to respond to Saudi Arabia’s development needs.

The company plays a significant role in Saudi Arabia’s Vision 2030 and the country’s target to have 50% of electricity come from renewable energy by 2030. The Group also fosters local manufacturing and is looking to diversify into the manufacturing of fuel cells, electrolysers and advanced battery materials.