Al Rashed

Our History


AlRashed Building Material

Mr. Rashed AlRashed founded the group in 1950 as a result of his far-reaching vision and timely recognition of the Kingdom large scale infrastructure development. The group legacy began by operating in the Building Materials Sector.


Real Estate Sector

The group contribution to the development of the Saudi Arabian Real Estate sector started in 1964 which has grown into Real Estate Sector.


Cement & Bulk Sector

Our foothold as one of the largest Cement distributors in Cement & Bulk Materials sector has started in 1972.


Civil Works Company

In 1973, CWC was acquired as a Construction arm for the group forming Contracting sector.


AlRashed Transportation Division

Our services to the market expanded swiftly with the establishment of Transportation business in 1977 which grew into AlRashed Transport operating under Cement & Bulk Materials sector.



Established a Saudi European Joint Venture in 1981, Saudi Vetonit is the first Saudi company that offers a full range of advanced construction chemicals and construction materials to the MENA region.


Saudi Filters

Established in 1988 to serve the Automotive and Industrial Sectors with high quality products.


AlRashed Food

In 1989, Al Rashed Bakeries was established to provide the Saudi Market with the finest food quality which has grown into a fast growing business area.


Al Rashed Goodyear

A strategic alliance was established between the group and Goodyear International in 1994 which has grown into Automotive business area.



Our Building Materials business grew in 1994 with the foundation of Ramat in Western region.



Our contribution to the construction and telecom industries grew in 2005 with the establishment of COMATEC.


AlRashed Industrial Complex

Established in 2011 to contribute to the development of the Saudi Arabian Industrial Sector.


Jana Marine Services

Founded in 2013 as a provider of first-class marine offshore services to the Oil & Gas sector in the Arabian Gulf region and beyond operating under contracting sector.


Denys Arabia

Created as a Saudi European JV between the Civil Works Company and Denys NV, a Belgium based company, to provide EPC works for the energy and water business sectors operating under contracting business area.


Exact Technical Solutions

Exact Technical Solutions offers high quality and cost effective works for the Oil & Gas, petrochemical, energy and water sectors operating under Contracting business area.


Universal Building Materials

UBMKSA was acquired to grow construction materials business into superior quality products in mechanical, electrical & access control, doors & door hardware as well as renewable energy.