Sheikh Mohamed Al Fouzan

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Sheikh Mohamed Al Fouzan
29

Sheikh Mohamed Al Fouzan

Chief Executive, Al-Fouzan Trading & Contracting
Ibrahim Mohamed Jaidah
Wael Allan

With the Kingdom of Saudi Arabia allocating 37% of a proposed record budget of $218.7bn for 2013 on social infrastructure projects like schools and hospitals, Al Fouzan Trading & Contracting is set to taken a huge step forward over the coming year.

The company, which was founded over 50 years ago, is run by chairman Sheikh Mohamed Abdullah Al Fouzan.

On its record so far Al Fouzan deserves his place in the Power 100 this year, but his company is set to for greater heights and expansion.

It is building three medical towers at King Saud Medical City, at Prince Salman Hospital and at the Al-Imam General Hospital – all of which are in the company’s home city of Riyadh.

It also landed the $170m contract to build the first phase of the King Faisal Medical City at Abha in the Kingdom’s Southern Province in February last year.

The company, which employs more than 7,000 staff, offers a range of construction and advisory services and has also invested in several property ventures including residential, office and medical facilities.

It has its own cement and paints factory and has invested in other building-related chemicals plants. It has also gained approved contractor status from many of the Kingdom’s biggest businesses including Saudi Aramco, Arab Oil Co, Saudi Telecoms and Saudi Electricity Company.

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Awards

New category open for consultancies at CW Awards 2019 in Dubai
Sub-Consultancy of the Year to be crowned for the first time at the gala ceremony
Leaders in Construction KSA Awards to be held in Sep 2019
Gala ceremony in Riyadh to recognise and reward Saudi Arabia's best construction projects and brightest

Conferences

Leaders UAE 2019: Pinsent Masons confirmed as Gold Sponsor
Law firm is among the major construction industry players confirmed as sponsors for Leaders UAE's
Leaders in Construction UAE Summit returns in Sept 2019
Dubai conference to see top officials discuss the people, trends, and challenges that will power

Latest Issue

Construction Week - Issue 747
Aug 03, 2019