Almabani CEO Mr Joseph Daher received the AZM Award at the PIF Private Sector Forum, an honour that recognises the company’s contribution to the Kingdom’s development and its alignment with the priorities of the Public Investment Fund. The award is a reflection of Almabani’s long-standing commitment to excellence, local content and the growth of Saudi Arabia’s construction sector.

The PIF Private Sector Forum brings together leading Saudi companies, investors and policymakers to discuss the role of the private sector in delivering the Kingdom’s ambitious development agenda. It provides a platform for dialogue between the public and private sectors and celebrates the companies making a measurable contribution to national priorities.

Almabani has been a fixture in Saudi Arabia’s construction industry since 1972. Over more than five decades, the company has delivered a wide range of projects, from roads and bridges to airports and major public infrastructure, earning a reputation for reliability and technical capability.

The AZM Award reflects more than past performance. It recognises the role Almabani continues to play in building local capability, supporting local supply chains and creating opportunities for Saudi talent. These are priorities that align closely with the Kingdom’s broader goals for economic diversification and sustainable growth.

As a PIF portfolio company, Almabani works closely with the Fund and its ecosystem to support major national programmes. That relationship has strengthened the company’s ability to deliver complex projects at scale and to contribute to initiatives that extend well beyond construction.

Receiving the award is also a tribute to the people of Almabani. Behind every project milestone and every industry recognition is a workforce of engineers, technicians and specialists who work with discipline and dedication every day. Their collective effort is what makes achievements like this possible.

Almabani extends its thanks to the Public Investment Fund and its partners for this recognition. The company remains focused on the work ahead — delivering the projects shaping the Kingdom’s future and continuing to strengthen the partnerships that make that work possible.

The AZM Award takes its name from a concept rooted in determination and resolve — qualities that define Almabani’s approach to every project it undertakes. Receiving an award with that meaning is especially fitting for a company that has spent more than five decades delivering some of the Kingdom’s most demanding projects.

For Almabani, recognition at events such as the Private Sector Forum is valuable not only as an honour but as a signal of the company’s continued alignment with national priorities. It reinforces the importance of the work being done and the direction of travel for the industry.

The company also views the award as encouragement to go further. The projects ahead are larger and more complex than ever, and they will demand the same determination that has carried Almabani to this point.

Almabani congratulates all the individuals and companies honoured at the forum and looks forward to continuing its contribution to the Kingdom’s development alongside them.

The recognition is a source of pride for everyone at Almabani, and it strengthens the company’s resolve to keep raising the bar on quality, safety and delivery as it takes on the major programmes ahead.