Multi Business Group

Multi Business Group for Projects is a Saudi joint stock company founded in 2009 in Riyadh to address the growing demand in Saudi Arabia's building and construction sector. The company's activities include design and construction contracting for architectural finishes, interior decoration, and electrical and mechanical engineering for both residential and non-residential buildings. It also engages in the retail sale of building materials, including electricity, plumbing, and finishing supplies.

Originally an individual institution, Multi Business Group transformed into a limited liability company to enhance institutional work and support business growth. It is listed on the Parallel Market (Nomu) with a capital of fifteen million Saudi Riyals. The company has been classified by the Ministry of Municipal and Rural Affairs and is a member of the Saudi Contractors Authority. It is also qualified by the Ministry of Housing as a certified real estate developer in the off-plan sales or rent program (WAFI). The board of directors includes Adel bin Abdullah Al-Basri as Chairman and Khaled bin Ali Al-Yassin as Vice Chairman.

Financially, the company shows a debt-to-equity ratio of 14.8%, with total shareholder equity at SAR 30.9M and total debt at SAR 4.6M. Its debt is well covered by operating cash flow, and interest payments are well covered by EBIT. A recent project award in June 2025 includes a fire network implementation for the Metal Assembly City with Riyadh Holding Company, a project valued at over 5% of the company's 2024 total revenues.

Keywords: building contracting, construction services, Saudi Arabia construction, architectural finishes, interior design, mechanical engineering, electrical engineering, public sector projects, private sector projects, real estate developer, building materials retail, project management, Riyadh construction, fit-out design, Saudi Contractors Authority, WAFI program, Nomu listed, joint stock company, infrastructure development, commercial construction