Al Mawarid market share reaches up to 15%: CEO

Riyadh Alromizan, CEO of Al Mawarid Manpower

Riyadh Alromizan, CEO of Al Mawarid Manpower Co. said the company continues to strengthen its market share, estimating it currently stands at 12 - 15% of the human resources market.

In an interview with Al Arabiya, Alromizan said the company’s business was not adversely affected by regional geopolitical tensions and the resulting disruptions to air traffic. Saudi Arabia benefited from its stability, continuing to attract talented candidates from various markets, he added.

The company’s strong performance in recent years reflects the strength of the Saudi economy and the broad-based expansion of economic activity across various sectors, he noted, adding that human resources companies serve as a driver supplying different sectors with the talent and workforce needed for growth.

Saudi Arabia’s human resources sector grew by more than 12.5%, while Al Mawarid posted growth of over 25%, supported by its close relationships with clients, stronger ties with labor suppliers and labor-exporting countries, as well as sustained economic momentum in the Kingdom.

The company’s services cover various economic sectors across the Kingdom, with a greater focus on transportation, logistics and construction, in addition to the domestic labor segment, which has seen strong growth recently.

The domestic labor segment helped improve profit margins on the back of strong demand, noting that the company continues to focus on the business as one of its key growth drivers.

He said the individual segment remains a core pillar of the company’s business despite recent regulatory amendments that eased some restrictions related to the allocation ratio, adding that the company continues to maintain a 30% share of the segment, supported by strong demand.

The CEO further noted that the company is banking on developing new products and services targeting individuals, as the segment offers significant opportunities for innovation and a diverse range of solutions tailored to customer needs.

On the employment of Saudi nationals, he said the number of Saudis supported by the company is approaching 1,000 employees across various sectors and projects, including giga, medium-sized and small projects. He added that the average monthly salary of Saudis employed through the company’s staffing business exceeds SAR 10,000, with salaries varying according to the nature of the sector, experience and qualifications required for each position.

Alromizan expects the company to continue growing revenue and profit, driven by the strength of the Saudi market and sustained economic activity. He said the market has demonstrated its ability to adapt to regional and international developments while maintaining strong levels of resilience and stability.

According to Argaam data, Al Mawarid net profit rose to SAR 102.2 million (+64%) by the end of H1 2026, while Q2 profit reached SAR 50 million (+55%).