Company Directory - Nesma Group
Company Details - Nesma Group
Nesma Group
WebsiteSaudi Arabia
A diversified group of companies based in Saudi Arabia, involved in various sectors including construction, hospitality, and aviation.
CCI Score
CCI Score: Nesma Group
50.58
1.47%
Latest Event
Consortium Win Spurs Job Creation and Economic Growth
Nesma Group, as part of an Air Arabia-led consortium, won a bid from Saudi Arabia’s General Authority of Civil Aviation to launch a new national low‐cost airline headquartered in Dammam. The project is expected to generate over 2,400 direct jobs and support regional economic development under Saudi Vision 2030.
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LEADER
Nesma Group is currently rated as a Leader.
Latest Events
- JUL202025
Nesma Group, as part of an Air Arabia-led consortium, won a bid from Saudi Arabia’s General Authority of Civil Aviation to launch a new national low‐cost airline headquartered in Dammam. The project is expected to generate over 2,400 direct jobs and support regional economic development under Saudi Vision 2030.
- DEC082023
Nesma & Partners has reinforced its internal governance framework by establishing a Corporate Governance and Compliance Department, entering into a three‐year strategic partnership with GCC BDI, and achieving ISO 37001:2016 anti-bribery certification. These initiatives are part of the firm’s commitment to uphold transparency, accountability, and ethical practices in line with Saudi Arabia's Vision 2030.
+60
Business Practices and Ethical Responsibility
July 20
The company’s commitment to enhancing corporate governance through the establishment of a dedicated governance and compliance department, strategic partnerships to improve board effectiveness, and achievement of international anti-bribery standards constitutes a proactive move towards ethical business practices. These measures support transparency and accountability, aligning with progressive reforms in corporate governance.
Stepping up corporate governance in Saudi Arabia: Nesma & Partners
- OCT292023
Nesma & Partners Contracting Company Ltd. has signed a three‐year partnership with the GCC Board Directors Institute to bolster corporate governance practices and promote comprehensive CSR initiatives in line with Vision 2030, including renovating homes for underprivileged families.
+60
Business Practices and Ethical Responsibility
July 20
The partnership underscores Nesma & Partners' commitment to transparency, accountability, and ethical business practices. Their proactive role in enhancing corporate governance and executing CSR initiatives—such as home renovations for underprivileged families and community engagement—demonstrates a positive, anti-authoritarian stance that supports marginalized communities and progressive social reforms.
GCC BDI, Nesma & Partners to boost corporate governance in MENA
- OCT242023
Nesma & Partners Contracting Company Ltd. signed a three-year partnership with the GCC Board Directors Institute to bolster corporate governance and board effectiveness in Saudi Arabia. The agreement highlights the company's commitment to transparent leadership and ethical business practices, reinforcing its social responsibility initiatives including previous CSR efforts such as housing renovation for underprivileged families.
+50
Public and Political Behavior
July 20
The partnership demonstrates Nesma's proactive stance in enhancing transparent governance and positive public political behavior. By aligning with GCC BDI, the company supports democratic norms and accountability, countering authoritarian practices through improved board capabilities.
+60
Business Practices and Ethical Responsibility
July 20
The agreement reinforces Nesma's dedication to ethical business practices and corporate social responsibility. The company's initiatives, including ongoing CSR projects like housing renovations, reflect a commitment to sustainable and inclusive growth aligned with transparent governance.
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Industries
- 236210
- Industrial Building Construction
- 236220
- Commercial and Institutional Building Construction
- 237120
- Oil and Gas Pipeline and Related Structures Construction
- 237310
- Highway, Street, and Bridge Construction
- 238220
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- Engineering Services