Naif Alrajhi Investment, a leading Saudi investment group, entered into a strategic partnership with Moroccan construction leader TGCC through its Saudi subsidiary, TGCC Middle East, on May 19, 2025. The collaboration will focus on constructing projects developed by Naif Alrajhi Investment within Saudi Arabia. "This alliance aligns with our vision to develop vibrant urban environments," said Naif Saleh Alrajhi, Chairman and CEO of Naif Alrajhi Investment. Mohammed Bouzoubaa, Chairman and CEO of TGCC, added, "This partnership represents a significant step in TGCC's international expansion." For the record, Naif Alrajhi Investment manages a diversified portfolio spanning 14 sectors, with an emphasis on real estate. TGCC (Travaux Généraux de Construction de Casablanca), founded in 1991, operates across Africa and the Middle East with over 1,000 completed projects and 14,000 employees. The Moroccan construction leader was listed on the Casablanca Stock Exchange in December 2021.
