About Construction Contractors sector in MENA
The Construction Contractors sector in MENA comprises 1.26K companies, including 32 funded companies having collectively raised $3.36B in venture capital money and private equity. Out of these, 36 are Series A+ funded.
Construction Contractors sector in MENA has seen 8 acquisitions and 26 IPOs.
This sector includes companies that provide contractual services for either the end-to-end construction process or as a specialist for works like electrical, plumbing, site works, etc.
Companies included in Construction Contractors
Includes general contractors that offer end-to-end services in the construction process involving planning, site management, manpower management, etc., and specialist contractors that have expertise in one or more work areas like plumbing, electrical, home building, etc.Companies excluded in Construction Contractors
Excludes all EPC service providers, real estate project and infrastructure developers, construction management service providers, contractor discovery platforms, facility and property management service providers.Key Metrics
Total Companies
Top Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
IPOs
Acquisitions
Top Construction Contractors Companies in MENA
There are more than 1.26K companies in Construction Contractors in MENA. Ashtrom Group is the top Construction Contractors company in MENA, ranked using Tracxn Score (what's this?).
Here are 5 of the top Construction Contractors companies in MENA:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of construction contracting services | Tel Aviv (Israel) | 1963 | Public | - | |
Provider of construction engineering and building material services | Cairo (Egypt) | 1975 | Funding Raised | - | |
Company carrying out construction, engineering, and procurement services | Hydra (Algeria) | 1952 | Unfunded | - | |
- | Jeddah (Saudi Arabia) | 1967 | Public | - | |
Provider of turnkey interior fit-out and general contracting services | Ruwi (Oman) | 1977 | Unfunded | - |
Companies founded year-on-year in the Construction Contractors sector in MENA
25 Construction Contractors startups in MENA were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 2 |
2024 | 5 |
2023 | 11 |
2022 | 14 |
2021 | 11 |
2020 | 24 |
2019 | 25 |
2018 | 17 |
2017 | 12 |
Stage-wise distribution of Construction Contractors sector companies in MENA
Out of the total 1,260 Construction Contractors companies in MENA, 32 have secured funding. Among them, 36 have reached Series A or higher, and 36 to Series B or beyond.
Founded - 1,260
Funded - 32
Series A+ - 36
Series B+ - 36
Series C+ - 34
Company Stage | No. of companies |
|---|---|
Founded | 1,260 |
Funded | 32 |
Series A+ | 36 |
Series B+ | 36 |
Series C+ | 34 |
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Funding Trends in the Construction Contractors sector in MENA
Total funding year-on-year in the Construction Contractors sector in MENA
The Construction Contractors sector in MENA saw a total funding of more than $3.36B in the last 10 years. The most amount of funding was in 2018 at more than $2.9B.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $2.5M |
2023 | - |
2022 | - |
2021 | $153M |
2018 | $2.9B |
2017 | $498K |
Recent Funding Rounds in Construction Contractors in MENA
In the year 2025, till January 2025, Construction Contractors companies in MENA have raised $2.5M in equity funding across 1 round.
Here are some recent, important funding rounds in Construction Contractors companies in MENA:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 8471 | Jan 07, 2025 | ||
Unattributed | 4160 | Feb 14, 2023 | ||
Series B | 4482 | May 17, 2016 | ||
Series B | 8861 | Jun 25, 2008 | ||
Series A | 4905 | May 2008 |
Top Investors in Construction Contractors in MENA
Public Investment Fund is the top investor in Construction Contractors companies in MENA based on number of companies invested.
Here are some top investors in Construction Contractors companies in MENA:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Riyadh (Saudi Arabia) | ||
Dubai (United Arab Emirates) | ||
Menlo Park (United States) | - | |
Riyadh (Saudi Arabia) | ||
New York City (United States) | - |
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M&A activity in Construction Contractors sector in MENA
In the year 2025, till March 2025, 1 acquisition happened in Construction Contractors sector in MENA. Last year, in 2024, a total of 1 acquisition happened in Construction Contractors sector in MENA.
Here are some recent, important acquisitions in Construction Contractors sector in MENA:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Mar 2025 | ||
Business Acquisition | Apr 26, 2024 | ||
Business Acquisition | Mar 23, 2023 | ||
Business Acquisition | Dec 19, 2022 | ||
Business Acquisition | Feb 07, 2022 |
Acquisition trends in Construction Contractors sector in MENA
Here are the acquisition trends in Construction Contractors sector in MENA:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 1 |
2023 | 1 |
2022 | 2 |
2021 | - |
2020 | 1 |
2019 | - |
2018 | 2 |
2017 | - |
IPOs in Construction Contractors in MENA
In the year 2024, till December 2024, 1 IPO happened in Construction Contractors sector in MENA.
Here are some recent, important IPOs in Construction Contractors sector in MENA:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 04, 2024 | Saudi Stock Exchange (TADAWUL) | |
Feb 13, 2020 | Tel Aviv Stock Exchange (TLV) | |
Jun 04, 2015 | Tel Aviv Stock Exchange (TLV) | |
Jun 05, 2014 | Tel Aviv Stock Exchange (TLV) | |
Nov 04, 2006 | Saudi Stock Exchange (TADAWUL) |
Top News in Construction Contractors in MENA
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Consortium signs MoU to develop green methanol facility in EgyptBiofuels Digest•Jun 01, 2024•AD Ports Group, Transmar, Orascom Construction
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Dasart Group announces an investment of R $ 80 million in renewablesCanal Solar - Energia Fotovoltaica Brasil•Apr 25, 2024•Desertgroup, Nortis
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EBRD to lend EUR 60m for green projects in Greece, BulgariaRenewables Now•Jan 17, 2024•EBRD, Hassan Allam
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Rosewood confirms opening in Saudi’s AmaalaBusiness Traveller•Mar 28, 2023•Rosewood Hotel Group, Red Sea Global, Rosewood Hotel Group, Hassan Allam
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Rosewood Hotels to manage luxury resort in Red SeaTrade Arabia•Mar 28, 2023•Rosewood Hotel Group, Red Sea Global, Red Sea Housing
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Orascom-Cobod JV to launch new 3D printing tech in EgyptZawya•Nov 15, 2022•Orascom Construction, Cobod
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GE to test green-hydrogen powered gas turbine at COP27, says CEOTech Investor News•Oct 28, 2022•General Electric, Ministry of Electricity & Energy, Hassan Allam, Pgesco
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Saudi ACWA Power, South Korea’s POSCO Join to Develop Green HydrogenFuelcellsworks•Jul 19, 2022•ACWA Power, POSCO, , Hassan Allam
