Ahmad Suleiman Abdulaziz Al Rajhi
Staying in the same position this year, Ahmad Suleiman Abdulaziz runs Al Arrab Contracting - a huge part of the Al Rahji Group.
It is one of Saudi Arabia’s biggest contractors but it has expanded across the region into Qatar, the UAE and Bahrain under the CEO’s simple maxim: “We do not settle for second best in our quality of service”.
But he is notoriously shy of self promotion preferring to ensure the continued business success of his empire thanks to its reputation.
It is heavily involved in railways projects across Saudi Arabia, often in joint ventures where it offers foreign expertise a way into the kingdom backed by a well organised workforce, which has secured the company an estimated $5 billion plus in contracts this year.
Riyadh-based Al Arrab Trading & Contracting was established in 1983 to carry out simple contracts, but has since expanded to become a major Kingdom contractor, with 16 subsidiaries and 12,000 members of the workforce.
Al Rajhi Holdings with is a business group was established by the Al Rajhi family in 1936.
Al Rajhi has witnessed aggressive and sustained growth since 1970, and is now a leading industrial company in Saudi Arabia, and remains the largest Saudi investor in the UAE.
As Saudi Arabia’s richest non-royals, members of the al Rajhi family are among the world’s leading philanthropists. They also run the SARR Foundation: a network of charities and research organisations.