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The Power 100 Property Leaders 2026

The Power 100 Property Leaders 2026
Date:
Jul. 21, 2026
Joseph  Daher

#8Joseph Daher

Chief Executive Officer
Category:Leading Contractors
Company:Almabani General Contractors
Residence:Saudi Arabia

Almabani General Contractors was established in Jeddah in 1972, at a time when Saudi Arabia's construction sector was expanding quickly on the back of oil revenues. Over the following decades it grew into one of the Kingdom's larger engineering, procurement, and construction firms, building a track record in airports, highways, bridges, and public infrastructure. Joseph Daher has run the company as Chief Executive Officer since 2014.

Joseph Daher – Chief Executive Officer of Almabani General ContractorsJoseph Daher – Chief Executive Officer of Almabani General Contractors

Daher came into the role with more than four decades of hands-on experience in construction and project management, having worked on airports, military facilities, highways, and public and commercial buildings earlier in his career. That background shows in how the company operates today, with a strong emphasis on technical delivery and schedule discipline on large, multi-party projects.

Almabani's recent project list includes some of the country's most complex transport and aviation work. The company was part of the consortium that delivered the Riyadh Metro, one of the largest urban transit builds completed anywhere in recent years, working alongside several major international engineering and contracting firms. It has also carried out expansion work at King Abdulaziz International Airport in Jeddah and is involved in construction at the Red Sea International Airport, part of the tourism infrastructure being built along the Kingdom's western coast.

The company now employs a workforce in the thousands and carries a project backlog worth billions of dollars, competing for contracts that increasingly require joint ventures with global engineering firms. Daher has kept the company's Saudi identity central to how it operates even as the scale and complexity of its projects have grown, which has helped it stay a preferred contractor on government-backed infrastructure work tied to the Kingdom's development plans.

Almabani predates most of the current infrastructure boom in Saudi Arabia by several decades, and Daher has spent much of his tenure updating how the company runs internally, from project management practices to how it structures partnerships on large contracts, while keeping the reputation for reliability the firm built over its first fifty years. With Saudi Arabia continuing to invest heavily in transport, aviation, and urban infrastructure, Almabani's pipeline of large, technically demanding projects shows no sign of slowing.