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Who's Who: Raad Al-Saady, vice chairman and managing director of Saudi Arabia's ACWA Power

Raad Al-Saady has been the vice chairman and managing director of Saudi Arabia’s utility service provider, ACWA Power, since February this year. In his current role, Al-Saady oversees growth and business expansion and provides guidance on strategy, human capital, stakeholder management and other strategic drivers. The company strives to impact millions of lives daily by ....

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Saudi Arabia $31.48 Billion Facility Management Market Competition, Forecast & Opportunities, 2024: Property, Cleaning, Security, Support, Catering & Others


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The Saudi Arabian Facility Management Market was valued USD 24.15 Billion in 2019 and is forecast to grow at 7.64% CAGR during the forecast period, to reach USD 31.48 Billion by 2025.
Saudi Arabia is the largest market for facility management services in the Gulf Cooperation Council (GCC) region. The market for facility management in Saudi Arabia grew at a healthy pace during 2015-2019 due to increasing investments in the country s construction sector.
The Construction sector in Saudi Arabia contributes about 8% to the country s total GDP. Moreover, Saudi Arabia is poised to become one of the largest construction markets in the Middle East, with more than USD800 billion investments originating from large scale infrastructure projects in the country by 2030. ....

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