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Power 150 List

Construction Week Power 150: Nawfal Al Khudhairy

News

11 Jun 2024

The construction industry is a cornerstone of the global economy, impacting various sectors and communities through its dynamic developments.  The Middle East’s construction market has recently experienced rapid growth, fueled by a surge in mega and giga projects led by governmental and private stakeholders.

To highlight the dynamic leaders driving this growth, Construction Week Middle East published its ranked list of the most influential figures and companies at the forefront of change.  Celebrating its 15th edition, this year’s list has been expanded from the annual ‘Power 100’ to the more comprehensive ‘Power 150’.  The competition has never been fiercer, with newer companies steadily climbing the ranks.

We are pleased to announce that our President, Nawfal Al Khudhairy, has been named on this prestigious list for the second year.  Nawfal’s inclusion in the ‘Top 20 Consultants’ category underscores his exceptional leadership, and the remarkable growth Compass has achieved under his guidance.  As highlighted in the article, the company experienced extraordinary growth, with a 240% surge in revenue and workforce expansion from 142 to over 255 employees.

As the national delivery partner in Saudi Arabia, the Compass remains optimistic about 2024, forecasting steady growth driven by Vision 2030 initiatives and the expanding tourism and hospitality sectors in both the kingdom and the UAE.

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The article also mentioned our dedication to superior standards in our human capital initiatives, attracting top talent from 32 nationalities.  These initiatives, including the Compass Quest Graduate Program, also exemplify our commitment to mentoring young Emirati and Saudi professionals through Saudisation and Emiratisation.

Under Nawfal’s leadership, Compass has delivered over 100 commissions across KSA, the UAE, and Latvia for prominent developers like NEOM, Red Sea, Qiddiya, Nakheel, Dubai Holdings, Expo City, Roshn, Tamasuk, and other key PIF entities.  Nawfal’s ability to navigate complex projects and foster strong relationships with institutional asset owners and capital project professionals has been instrumental in the company’s success.

As we celebrate Nawfal’s achievement ,which is also a great honour for all of us here at Compass, we reiterate our commitment to pushing the boundaries of what’s possible in the construction industry.  This commitment is driven by our talented team of professionals and our dedication to our clients, a dedication that has been the cornerstone of our success.

We extend our heartfelt congratulations to fellow influential industry leaders in the Middle East who made it to the list.  We also want to express our deep gratitude to our stakeholders, Team, and clients for their continuous support and trust in our journey of growth and excellence.

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