AI Nafie Metal forges path to market leadership
Gulf Construction|July 2024
SAUDI steel giant AI Nafie Metal Industries (NMI) is aiming for the top spot in the Middle East's steel fabrication sector, according to its General Manager Majed Suleiman AI Nafie.
AI Nafie Metal forges path to market leadership

"Our vision is to become the leader of the steel fabrication and erection industry in the Middle East and we want to participate actively in realising Saudi Arabia's Vision 2030," AI Nafie declares in an exclusive interview with Gulf Construction's Bina Goveas.

"Our aim is to serve the requirements of the numerous planned and ongoing construction projects in the Kingdom of Saudi Arabia, and the regional and international markets. The steel fabrication industry in the Gulf needs a continuous supply of products with the highest quality, and environmental compliance. AI Nafie Metal Industries is ahead of its competitors in adopting industrial practices and serving customers with the highest quality, costcompetitive products," he emphasises.

NMI, which is working on landmark projects like the Shuaiba III desalination plant, the Riyadh Metro and the Saudi futuristic city Neom, is capitalising on the surge in Saudi Arabia's construction market, driven by the Vision 2030 programme.

"The demand for steel fabrication has witnessed a dramatic rise in recent years," AI Nafie remarks, highlighting the crucial role steel structures are playing in realising giga-projects like Neom and others in Riyadh and Jeddah.

"Since Saudi Arabia has won the rights to host the 2034 World Cup, demand for steel structures is going to rise to an alltime high in upcoming years," he adds.

This story is from the July 2024 edition of Gulf Construction.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

This story is from the July 2024 edition of Gulf Construction.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

MORE STORIES FROM GULF CONSTRUCTIONView All
Cityscape Global nets $61bn realty deals
Gulf Construction

Cityscape Global nets $61bn realty deals

Global confirmed its position as the largest real estate exhibition in the world, bringing down the curtain on its second edition at the Riyadh Exhibition and Convention Center last month by revealing a staggering SR230 billion ($61.3 billion) in real estate transactions across the four-day show. This total, organisers say, underlines how “Saudi Arabia is now a global hub for real estate”.

time-read
1 min  |
December 2024
Kleindienst reveals $6bn plan for 5,000 Dubai rooms
Gulf Construction

Kleindienst reveals $6bn plan for 5,000 Dubai rooms

Group, a leading global business conglomerate and the master developer behind The Heart of Europe on Dubai’s World Islands, has announced a major expansion that will see the addition of 5,000 five-star hotel rooms to Dubai’s hospitality sector.

time-read
1 min  |
December 2024
Adnoc JV awards $2bn EPC deals for petchem project
Gulf Construction

Adnoc JV awards $2bn EPC deals for petchem project

TA’ZIZ, a joint venture between key Emirati entities Abu Dhabi National Oil Company (Adnoc) and ADQ, has awarded engineering, procurement and construction (EPC) contracts worth over $2 billion for the development of essential site infrastructure to advance the Ta’ziz chemicals and transition fuels ecosystem under development in Al Ruwais Industrial City, Al Dhafra Region of Abu Dhabi.

time-read
1 min  |
December 2024
Damac Properties unveils sixth master community
Gulf Construction

Damac Properties unveils sixth master community

Properties, UAE’s leading property developer, has announced the launch of its third and largest master community – Damac Islands – unveiled this year and the sixth in its portfolio of master development projects.

time-read
1 min  |
December 2024
Dubai's $4.36bn roads plan to cover 22 projects
Gulf Construction

Dubai's $4.36bn roads plan to cover 22 projects

AED16-billion ($4.36 billion) 2024-2027 Main Roads Development Plan will add 22 projects across the emirate’s expanding road network, benefiting over six million people and supporting Dubai’s comprehensive development plans, it has been revealed.

time-read
2 mins  |
December 2024
Wynn's RAK resort project on track for 2025 completion
Gulf Construction

Wynn's RAK resort project on track for 2025 completion

Resorts Limited has announced that work was moving at a steady pace on its newest resort-Wynn AI Marjan Island - coming up in Ras AI Khaimah with 55 per cent of the structural concrete work completed.

time-read
1 min  |
December 2024
Nakheel marks milestones at Palm Jebel Ali project
Gulf Construction

Nakheel marks milestones at Palm Jebel Ali project

NAKHEEL has announced the release of its latest luxury residences at Palm Jebel Ali: The Beach Collection - an exclusive collection of bespoke beach villas.

time-read
1 min  |
December 2024
NHC to build 10,000 new residential units in Riyadh
Gulf Construction

NHC to build 10,000 new residential units in Riyadh

Arabia's National Housing Company (NHC) has announced the launch of 11 key residential projects in the Khuzam area of capital Riyadh featuring over 10,000 units ranging from luxurious villas to contemporary apartments - thus catering to different clients' needs.

time-read
1 min  |
December 2024
Tilal unveils $1.6bn luxury development in AI Khobar
Gulf Construction

Tilal unveils $1.6bn luxury development in AI Khobar

Real Estates, a leading real estate company in Saudi Arabia, has unveiled its premium mixed-use project - Heart of Khobar (HOK) which will come up in the Eastern Province at an investment of SR6 billion ($1.63 billion).

time-read
1 min  |
December 2024
Global firms to set up factories at Spark
Gulf Construction

Global firms to set up factories at Spark

THREE global groups - MAN Industries and Thermocables (both from India) and Hong Kong-based Dalipal Holdings - have signed agreements with King Salman Energy Park (Spark) to set up steel pipes and cable manufacturing facilities within the mega industrial development in the Eastern Province of Saudi Arabia.

time-read
1 min  |
December 2024