In this Dbd job guide, you will find the list of the highest paying companies in Saudi Arabia in 2024. This list is based on the company’s average salaries for various job titles.
Before you get a new job, it is important to know the average salary that people make. This Dbd guide will tell you how much money you can expect to make working for a particular company in Saudi Arabia.
Keep in mind that the salaries mentioned here are just averages. Your actual pay may differ depending on your position, experience, and other factors.
If you are looking for a new job, you should definitely consider the companies on this list. They offer some of the highest salaries in the Kingdom.
Without further ado, here are the top paying companies in Saudi Arabia.
Top 10 highest paying companies in Saudi Arabia in 2024
The companies on this list also have excellent benefits packages. So their median total compensation for employees is much higher than the average salaries listed here.
1. BAE Systems
Average salary: The average monthly salary for a BAE Systems employee in Saudi Arabia is SAR 18,000.
Number of employees: Over 8,000 people are working for BAE Systems in Saudi Arabia.
Industry: BAE Systems is an aerospace and defense company.
What is BAE Systems, and what does it do?
BAE Systems is a British multinational defense company. It supplies defense, security, and aerospace products and services to governments and commercial customers.
Their products include fighter aircraft, armored vehicles, missiles, military electronics.
What are the benefits of working for BAE Systems?
BAE Systems is the best-paid firm in Saudi Arabia.
The company offers excellent development opportunities, and they will help you grow both personally and professionally.
They are also offering a great benefits package. These are a few of the benefits that you can expect to receive in BAE Systems:
- Competitive salary
- Housing allowance
- Transportation allowance
- Schooling allowance
- Annual bonuses
- Share incentive plans
- Health insurance
What are the job opportunities at BAE Systems in Saudi Arabia?
BAE System is looking for candidates with diverse backgrounds. You do not have to be an engineer or a defense specialist to work for this company. They are looking for people with the following skills:
- Prior experience working in IT
- Finance
- Procurement
- Engineering
- Logistics, and many more.
If you are looking for a challenging and rewarding career in defense, BAE Systems is a great place to work.
Visit Website: BAE System
See Also: Highest Paying Jobs in Saudi Arabia
2. AECOM
Average salary: The average monthly salary for an AECOM employee in Saudi Arabia is SAR 16,500.
Number of employees: There are over 87,000 people working for AECOM worldwide.
Industry: AECOM is a global engineering and construction company.
What is AECOM, and what does it do?
AECOM is a multinational American engineering firm. They are one of the biggest engineering and construction companies in the world.
They provide services for architecture, planning, consulting, and materials supply to all sorts of organizations.
The company builds transportation systems, water supply networks, buildings, and stadiums.
What are the benefits of working for AECOM?
AECOM is also one of the top multinational companies in Saudi Arabia. They offer excellent benefits and a competitive salary.
Some of the benefits you can expect to receive as an AECOM employee are:
- Competitive salary packages
- Housing allowance
- Transportation allowance
- Health insurance
- Retirement benefits
- Annual bonuses
- Performance-based incentives
- Life insurance policy
What are the job opportunities at AECOM in Saudi Arabia?
AECOM is looking for talented and experienced professionals in its Saudi Arabia office. They are looking for candidates with backgrounds in the following disciplines:
- Civil engineering
- Electrical engineering
- Mechanical engineering
- Environmental engineering
- Quantity surveying
- Cost management
- Marketing and communication
- Field inspection
If you have experience working in the construction and engineering industry, AECOM is a great place.
Visit Website: AECOM
3. Alfanar Construction
Average salary: The average monthly salary for an Alfanar Construction employee in Saudi Arabia is SAR 16,300.
Number of employees: Over 10,000 people work for Alfanar Construction in Saudi Arabia.
Industry: Alfanar Construction is working in the energy and infrastructure sector.
What is Alfanar Construction, and what does it do?
Alfanar Construction is a Saudi Arabian company. They are working in the energy and infrastructure industry.
Their primary focus is to build power plants to generate clean energy in Saudi Arabia.
The company is using the latest technology in environmental protection and renewable energy.
What are the benefits of working for Alfanar Construction?
Alfanar Construction is one of the highest-paid companies in Saudi Arabia.
They offer excellent benefits and a competitive salary.
Some of the benefits you can expect to receive as an Alfanar Construction employee are:
- Competitive salary
- Family medical insurance
- Housing allowance
- Air ticket allowance for employees and family
- Annual paid leave
- Transportation allowance
What are the job opportunities at Alfanar Construction in Saudi Arabia?
Alfanar Construction is looking for people with experience working in engineering and construction.
They are looking for candidates with backgrounds in the following disciplines:
- Civil engineering
- Mechanical engineering
- Electrical engineering
- Quantity surveying
- Construction management
- Building services design
- Electrical foreman
- Storekeeper
- Surveyor, and many more.
Alfanar Construction is a good place to work if you are looking for a challenging and rewarding job.
Visit Website: Alfanar Construction
4. Mobily
Average salary: Mobily employees in Saudi Arabia earn an average of SAR 16,200 per month.
Number of employees: Over 6,000 people are working for Mobily in Saudi Arabia.
Industry: Mobily is a telecommunications company.
What is Mobily, and what does it do?
Mobily is a telecommunications company.
They provide telecommunications services such as internet, television, and telephone to businesses and residences in Saudi Arabia.
What are the benefits of working for Mobily?
Mobility is one of the highest salary paying companies in Saudi Arabia.
They offer excellent benefits as well.
Some of the benefits you can expect to receive as a Mobily employee are:
- Competitive salary
- Retirement plan
- Performance incentives
- Medical insurance
- Employee discount
- Flexible working hours, and many more.
What are the job opportunities at Mobily in Saudi Arabia?
Mobily is always looking for talented and experienced professionals in the following disciplines:
- Telecommunications engineering
- IT network engineer
- Electronic engineering
- Field services technician
- Marketing
- Customer service, and many more.
If you have experience working in the telecommunications industry, Mobily is the perfect place to work.
Visit Website: Mobily
5. Riyad Bank
Average salary: Riyad Bank employees in Saudi Arabia earn an average of SAR 16,000 per month.
Number of employees: There are over 6,000 people working for Riyad Bank in Saudi Arabia.
Industry: Riyad Bank is a financial institution.
What is Riyad Bank, and what does it do?
Riyad Bank is a leading financial services provider in the Kingdom.
They provide retail and wholesale banking services to individuals and businesses in Saudi Arabia.
Riyad Bank also offers Islamic banking services.
What are the benefits of working for Riyad Bank?
Riyad Bank is the best paying firm in Saudi Arabia when it comes to the financial sector.
They also provide excellent benefits in addition to a salary.
Some of the benefits they offer to their employees are:
- Competitive salary
- Annual housing allowance
- Medical insurance for family
- Transportation allowance
- Career development program
- Annual bonus and performance incentives
- Employee discount, and many more.
What are the job opportunities at Riyad Bank in Saudi Arabia?
Riyad Bank is looking for talented and experienced professionals in the following disciplines:
- Banking
- Finance
- Investment
- Islamic banking
- Information technology
- Marketing
- Accounting
- Human resources, and many more.
If you have 5-10 years of experience working in the financial services industry, Riyad Bank is perfect.
Visit Website: Riyad Bank
See Also: Most Useful Apps to Have in Saudi Arabia
6. Alinma Bank
Average salary: Alinma Bank employees in Saudi Arabia earn an average of SAR 15,200 per month.
Number of employees: Over 3,000 people work for Alinma Bank in Saudi Arabia.
Industry: Alinma Bank is a financial institution.
What is Alinma Bank, and what does it do?
Alinma Bank is a Saudi Arabian financial institution.
They offer retail and corporate banking services, as well as investment services.
Alinma Bank serves clients through a nationwide network of branches, ATMs, and other services.
What are the benefits of working for Alinma Bank?
Alinma Bank is one of the best-paid financial institutions in Saudi Arabia.
They offer excellent benefits and a competitive salary to employees.
Following are some of the benefits you can expect to receive as an Alinma Bank employee:
- Competitive salary
- Housing allowance
- Health insurance
- Retirement plan
- Vacation allowance, and many more.
What are the job opportunities at Alinma Bank in Saudi Arabia?
Alinma Bank is looking for talented and experienced professionals in the following disciplines:
- Banking
- Finance
- Investment management
- Information technology
- Marketing
- Accounting
- Customer service, and many more.
If you have experience working in the financial services industry, Alinma Bank is the perfect place to work.
Visit Website: Alinma Bank
7. Saudi Telecom Company (STC)
Average salary: STC employees in Saudi Arabia earn an average of SAR 15,000 per month.
Number of employees: There are over 17,000 people working for STC in Saudi Arabia.
Industry: STC is a telecommunications company.
What is Saudi Telecom Company, and what does it do?
STC is the largest telecommunications company in Saudi Arabia.
STC offers a wide range of telecommunications services.
They offer landline, mobile, Internet services. They also provide entertainment and computer networks.
What are the benefits of working for STC?
STC is the best company to work for in Saudi Arabia when it comes to the telecommunications industry.
They offer a competitive salary and excellent benefits.
Some of the benefits they offer are:
- Competitive salary
- Housing allowance
- Annual performance incentive
- Transportation allowance
- Family medical insurance, and more.
What are the job opportunities at STC in Saudi Arabia?
STC is looking for fresher and experienced professionals in the following disciplines:
- Computer operations and programming
- Customer service
- Information technology
- Marketing and sales
- Business analytics
- Media and digital
- Logistics and supply chain management
- Human resources, and many more.
It is also one of the most-hiring top companies in Saudi Arabia for freshers. STC provides a wide range of employment opportunities for all people, regardless of their skill sets.
Visit Website: Saudi Telecom Company
8. Saudi Electricity Company (SEC)
Average salary: SEC employees in Saudi Arabia earn an average of SAR 14,800 per month.
Number of employees: Over 38,000 people are working for SEC in Saudi Arabia.
Industry: SEC is an electric utility company.
What is Saudi Electricity Company, and what does it do?
Saudi Electricity Company (SEC) is one of the largest companies in Saudi Arabia.
It is the national electric utility company.
They are responsible for providing electricity to all parts of the country.
SEC offers a wide range of services, including:
- Production and distribution of electricity
- Power transmission and transformation
- Electricity sale and purchase
- Energy resource management, and more.
What are the benefits of working for SEC?
Saudi Electricity Company (SEC) is one of the highest paying companies in Saudi Arabia in 2024.
They do not have any competitors in the market for electric utility services.
They offer a competitive salary and excellent benefits.
Some of the benefits they offer are:
- Competitive salary
- Housing allowance
- Medical insurance
- Transportation allowance
- Housing program
- Savings program
- Professional development program
- Retirement plan, and more.
What are the job opportunities at SEC in Saudi Arabia?
SEC is looking for qualified and experienced professionals to fill some of its vacancies.
Some of the positions they are hiring for are:
- Meter readers
- Electricians
- Motor technicians
- Field engineers
- Plant operators
- Systems analysts
- IT technicians
- Systems analysts and programmers
- Accountants, and more.
If you are looking for an opportunity to work at a stable and well-established company, then SEC is the perfect place for you.
Visit Website: Saudi Electricity Company
9. Saudi Aramco
Average salary: Saudi Aramco employees in Saudi Arabia earn an average of SAR 14,500 per month.
Number of employees: There are over 70,000 people working for Saudi Aramco in Saudi Arabia.
Industry: Saudi Aramco is a national oil company.
What is Saudi Aramco, and what does it do?
Saudi Aramco is the national oil company of Saudi Arabia.
They are responsible for providing the country with oil, gas, and petroleum products.
Some of their services are:
- Oil exploration and development
- Production of crude oil
- Gas processing
- Natural gas liquids extraction
- Petrochemical and refining
- Equipment and engineering services
- International oil trading, and more.
What are the benefits of working for Saudi Aramco?
Saudi Aramco is one of the best companies to work for in Saudi Arabia for expats and Saudis.
They offer a competitive salary and excellent benefits.
Some of the benefits they offer are:
- Competitive salary
- Housing allowance
- Transportation allowance
- Education allowance for dependent
- Retirement plan
- Savings and investment plan
- Repartition allowance
- Medical insurance
- Annual vacation
- Flexible working hours, and more.
What are the job opportunities at Saudi Aramco in Saudi Arabia?
Saudi Aramco is looking for qualified and experienced professionals to fill their vacancies.
Some of the positions they are hiring for are:
- Mechanical engineers
- Electrical engineers
- Petroleum engineers
- Geologists
- Chemical engineers
- Control system engineers
- Drilling foreman
- Cost control engineer
- Financial analyst
- Production engineer
- Safety advisor, and more.
Visit Website: Saudi Arabian Oil Company
10. Saudi Basic Industries Corporation (SABIC)
Average salary: SABIC employees in Saudi Arabia earn an average of SAR 14,000 per month.
Number of employees: Over 33,000 people work for SABIC in Saudi Arabia.
Industry: SABIC is a petrochemical company.
What is SABIC, and what does it do?
SABIC is a petrochemical company.
They are responsible for providing the country with plastics, chemicals, and fertilizer products.
Some of their services are:
- Production of ethylene and propylene
- Polyethylene and polypropylene production
- Ammonia and urea production
- Sulfuric acid production
- Nitric acid production
- Ethylene glycol production
- Fertilizer plant operation, and more.
What are the benefits of working for SABIC?
SABIC is also on the list of the top 10 highest paying companies in Saudi Arabia in 2024.
They also offer excellent benefits.
Some of the benefits they offer are:
- Competitive salary
- Housing allowance
- Transportation allowance
- Retirement plan
- Health insurance
- Employee discount
- Annual vacation, and more.
What are the job opportunities at SABIC in Saudi Arabia?
SABIC is looking for qualified and experienced professionals to fill their vacancies.
Some of the positions they are hiring for are:
- Chemical engineers
- Electrical engineers
- Mechanical engineers
- Plant operation technicians
- Manufacturing technicians
- Instrumentation engineers
- Process engineers
- Material and logistic engineers, and more.
If you are looking for a job in the energy or petrochemical industry, then SEC is the perfect place for you.
Visit Website: SABIC
Summary chart for best-paid companies in Saudi Arabia in 2024
| S.N | Company | Average Monthly Salary |
|---|---|---|
| 1 | BAE Systems | SAR 18,000 |
| 2 | AECOM | SAR 16,500 |
| 3 | Alfanar Construction | SAR 16,300 |
| 4 | Mobily | SAR 16,200 |
| 5 | Riyad Bank | SAR 16,000 |
| 6 | Alinma Bank | SAR 15,200 |
| 7 | Saudi Telecom Company (STC) | SAR 15,000 |
| 8 | Saudi Electricity Company (SEC) | SAR 14,800 |
| 9 | Saudi Aramco | SAR 14,500 |
| 10 | Saudi Basic Industries Corporation (SABIC) | SAR 14,000 |
FAQs about top paying companies in Saudi Arabia
What is the richest company in Saudi Arabia?
Saudi Aramco is the wealthiest company in Saudi Arabia. Not only is it the richest in the Kingdom, but it is also one of the most profitable in the world.
What are some biggest companies in Saudi Arabia?
As per the market cap, the following are the top 10 biggest companies in Saudi Arabia:
– Saudi Aramco
– Al Rajhi Bank
– SABIC
– National Commercial Bank
– Saudi Electricity
– Maaden
– Riyan Bank
– Saudi Arabian Fertilizer Company
– The Saudi British Bank
– Almarai
What is the best company in Saudi Arabia?
There is no one-size-fits-all answer to this question, as the best company in Saudi Arabia will vary depending on your skills, interests, and preferences. However, in terms of salary and other benefits, the following are the top 10 best companies in Saudi Arabia:
– BAE Systems
– AECOM
– Alfanar Construction
– Mobily
– Riyad Bank
– Alinma Bank
– Saudi Telecom Company (STC)
– Saudi Electricity Company (SEC)
– Saudi Armco
– Saudi Basic Industries Corporation (SABOC)
Which are the highest-paying tech companies in Saudi Arabia?
Following are the highest-paying tech companies in Saudi Arabia:
– Google
– Microsoft
– SAP
– Al Elm Information Security Company
– IBM
– Cisco
– Devoteam
– Alfanar
– Parsons Corporation
– Tata Consultancy Service
– Ejada
– Oracle
Final thoughts
Well, there you have it – the top 10 companies in Saudi Arabia that offer a high salary and benefits.
It is important to note that these salaries may change in the future. So it is always a good idea to check with the company directly before making any decisions.
There are several other good companies in Saudi Arabia that are not mentioned above. Every year, the number of multinational companies in Saudi Arabia also increases. So the current list of top 10 companies might have been different a couple of years back.
We will update this list on an annual basis, so do check back if you are interested in working in the middle east.
With that said, we hope you find this information useful. Feel free to share it with your friends and family.
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About the author
Andy Cale
Andy Cale is an experienced journalist who has been writing for over twelve years. He focuses on global news and events, particularly on current affairs. His pieces cover news stories, info guides, reviews, and opinions on various topics that are important to the world today.
