Construction firm’s growth in Saudi signals impressive early success of ongoing expansion in the Kingdom
Dubai, United Arab Emirates – 11 March 2025 – With a healthy pipeline of projects in progress, ALEC Engineering and Contracting LLC (ALEC) has continued its strong business momentum. During 2024, the company — one of the largest construction firms in the region — recorded an impressive 29% revenue growth, scaled its workforce by 46%, reaching nearly 40,000 workers, and established new facilities in Ras Al Khaimah.
These investments bolster ALEC’s continued sectoral diversification, and expansion in Saudi Arabia — two pillars of its strategy over the last five years. “Over the years, our construction-adjacent lines of business — spanning fit-out, modular construction, and even data centres — have become market leaders in their own right and now contribute significantly to our overall business,” said Barry Lewis, CEO at ALEC. Notably, AJI Rentals, the company’s heavy equipment rental arm, established its presence in Saudi Arabia in 2024, while simultaneously expanding its UAE footprint with the opening of a new facility in Dubai.
UAE News 24/7 