There have been several media reports in 2012 by regional and international media, including TRENDS, commenting on the immense growth seen by the Saudi retail and construction sectors. New entries and a rise through the top CEO ranks of Saudi cement companies is a testament to the vibrancy of the property and construction sectors in the Kingdom. The increased purchasing power of Saudis has also added to the fortunes of retail groups such as Fawaz AlHokair.
Out of 16 new entries in 2012’s List, 13 companies are from Saudi Arabia, and the top five companies are also from the Kingdom.
