The Saudi Supplier Guide 2026

Unlocking Opportunities with Semi-Government Entities and PIF Portfolio Companies

Saudi Arabia is undergoing one of the most significant economic transformations in its history, driven by Vision 2030 and massive investments across multiple sectors. Business opportunities are no longer limited to traditional government ministries — semi-government entities and Public Investment Fund (PIF) companies have become among the largest contract and project awarders in the Kingdom.

Semi-government spending reaches approximately SAR 200 billion, with key entities including Aramco, SABIC, and Saudia Airlines. Meanwhile, PIF project investments exceed $15 trillion, spanning giga-projects such as NEOM, Red Sea Global, Qiddiya, and Roshn.

Whether you run a contracting firm, a supplier, a consultancy, a technology company, or provide professional services in marketing, training, or logistics — these entities represent a massive market for growth and expansion.

Part One: What Are Semi-Government Entities?

Semi-government entities are state-owned or state-backed institutions that operate with administrative and operational independence, allowing them to manage their projects and investments through flexible business models.

These entities typically operate in strategic sectors including:

•          Urban housing and development

•          Tourism and entertainment

•          Transportation and logistics

•          Energy and sustainability

•          Culture and heritage

•          Technology and innovation

•          Healthcare and education

Key Semi-Government Entities:

•          Saudi Aramco

•          Saudi Basic Industries Corporation (SABIC)

•          Saudi Electricity Company (SEC)

•          Saudi Telecom Company (STC)

•          Saudia Airlines

•          Saudi Railway Company (SAR)

•          Saudi Arabian Military Industries (SAMI)

•          Saudi Water Authority

•          Water Transportation Company (WTCO)

•          National Water Company

•          Saudi Public Transport Company

•          Ma'aden (Saudi Arabian Mining Company)

•          National Shipping Company

•          Aramco Gas Distribution Company

•          Petro Rabigh

•          SATORP (Saudi Aramco Total Refining and Petrochemical Company)

•          YASREF (Yanbu Aramco Sinopec Refining Company)

•          Saudi Aramco Refining Company

•          MARAFIQ (Power and Water Utility Company)

•          SAFCO (Saudi Arabian Fertilizer Company)

•          National Petrochemical Company (Tasnee)

Part Two: What Are PIF Portfolio Companies?

The Public Investment Fund (PIF) is one of the largest sovereign wealth funds in the world, leading the development of numerous national mega-projects and companies. Its portfolio spans smart cities, tourism destinations, real estate, financial services, media, sports, and energy.

PIF Procurement Programs:

Musahamah Program:

Aims to build long-term strategic partnerships between PIF companies and their suppliers, prioritizing local content throughout the investment lifecycle and procurement spending.

Supplier Development Program:

Seeks to qualify and build the capacity of local suppliers, preparing them to contract with PIF portfolio companies.

PIF Giga-Projects:

•          NEOM

•          Red Sea Global

•          Amaala

•          Qiddiya Investment Company

•          Diriyah Company

•          Roshn

•          The New Murabba

•          Jeddah Central Development Company

•          Soudah Peaks Development Company

•          AlUla Development Company

•          Al-Balad Development Company

•          King Salman Park

•          Rua Al Madinah Holding Company

•          Mukaab Destination

•          Sports Boulevard

PIF Local Portfolio Companies (Selection):

•          ACWA Power

•          Lucid Motors

•          Ceer Cars

•          Riyadh Air

•          Alat Company

•          Humain

•          Savvy Games Group

•          Sanabil Investments

•          Tahakom Investments

•          elm Company

•          NUPCO (National Unified Procurement Company)

•          Tarshid

•          Saudi Entertainment Ventures

•          Cruise Saudi

•          Noon

•          Tasaru Investments

•          Helicopter Company

•          Water and Electricity Holding Company

•          Saudi Information Technology Company

•          Saudi Company for Artificial Intelligence

•          Boutique Group

•          Saudi Downtown Company

•          Saudi Coffee Company

•          Saudi Utilities Management Company

•          Jasara Program Management Company

•          Dur Hospitality

•          Saudi Real Estate Company

•          Taiba Investment Company

•          Umm Al Qura Development Company

•          Electric Vehicle Infrastructure Company (EVIQ)

•          Badael Company

•          Halal Products Development Company

•          Saudi Global Ports Company

•          Gulf International Bank

•          D360 Bank

•          Saudi Investment Recycling Company (SIRC)

•          Saudi Technology Development and Investment Company (Taqnia)

•          Saudi Arabian Military Industries

•          Dan Company

•          Ardara

•          Saudi Cooling Company

•          Airports Holding Company

•          Adis Holding Company

•          Manara Minerals Investment Company

•          Ruaa Al Haram Makkah Company

•          Asfar Tourism Investment Company

•          Mdad Holding Company

•          Saudi Aramco

•          STC Group

•          Saudi Arabian Mining Company

•          Saudi Ceramics Company

•          Al-Bawani Holding Company

•          Al-Mabani General Contracting Company

•          Al-Saif Engineering Contracting Company

•          Nesma & Partners Contracting Company

•          Desur Company

Supplier Portals for Major Entities​

How to Maximize Your Company's Chances

Winning contracts with these entities does not depend on price alone — it begins long before the bidding stage, through building your company's readiness. Key readiness requirements include:

•          Completing all official registrations

•          Preparing a professional company profile

•          Obtaining required professional certifications such as ISO when applicable

•          Updating your commercial registration and business activities

•          Compiling a list of completed projects

•          Preparing references and completion certificates

•          Building a qualified team

•          Registering on the supplier portals of your target entities

These entities are among the most important drivers of the Saudi economy, and they represent tremendous opportunities for local companies that are prepared and capable of delivering real value. The earlier your company begins developing its files, completing qualification requirements, and building a professional presence with these entities, the greater its chances of competing for future projects and achieving sustainable growth.

Opportunities exist — but capturing them starts with the right preparation, not just when tenders are announced.