From Diplomat to Billionaire: How Sheikh Isam AlKabbani Built a Construction Empire in the Middle East

Aaliyah Ali
8 Min Read

Isam Khairi Kabbani, also known as Sheikh Isam AlKabbani, is a visionary leader and entrepreneur who has left an indelible mark on the construction and business landscape of Saudi Arabia and the Middle East. Born on October 10, 1934, Kabbani is the founder of the IKK Group of Companies, a conglomerate that has been a cornerstone of the construction sector since 1968. Today, the IKK Group stands as one of the largest and oldest family-owned businesses in Saudi Arabia, comprising over 40 companies across manufacturing, trading, contracting, and maintenance services. Kabbani Construction Group (KCG), a key subsidiary of IKK, has emerged as a leading specialized contractor, renowned for its expertise in infrastructure, oil and gas, and sustainable energy projects. 

Isam Khairi Kabbani’s early years were marked by a strong foundation in education and a global perspective. Born in Saudi Arabia, Kabbani pursued his higher education in the United States, earning a bachelor’s degree in economics and international studies from Swarthmore College in Pennsylvania in 1957. He further honed his expertise with a master’s degree in the same field from Columbia University in New York in 1959. Fluent in Arabic, English, and French, Kabbani’s academic background equipped him with a deep understanding of economics and international relations, which would later shape his career in both public service and business.

Professional Beginnings

Kabbani’s professional journey began in the public sector, where he served his country with distinction. He initially worked for two years in the Ministry of Foreign Affairs of Saudi Arabia. In 1959, he transitioned to the newly established Ministry of Petroleum and Mineral Resources, where he worked in the economic department. That same year, he took on a significant role as Chief Economist at the Organization of the Petroleum Exporting Countries (OPEC) in Geneva. His work at OPEC provided him with invaluable insights into global energy markets and economic policies, laying the groundwork for his future ventures.

Transition to Business and Founding IKK Group

In 1968, Kabbani made a pivotal decision to shift his focus from public service to business. He became a silent partner with his brother to establish the first PVC pipes factory in the Middle East. Initially, the products faced challenges due to limited market awareness, but Kabbani’s vision and determination prevailed. In 1970, he founded the National Marketing Company (NAMAT) to promote and distribute the factory’s products, which helped expand their reach. Over time, the factory’s production capacity grew exponentially, from 800 tons in its early years to over 120,000 tons per year.

This success marked the beginning of the IKK Group of Companies, which Kabbani established as a diversified business entity. Today, IKK operates through more than 40 companies across four main divisions: Manufacturing, Trading, Contracting, and Maintenance & Services. Kabbani Construction Group (KCG), founded in 1977 as a roofing contractor, is a flagship subsidiary of IKK and has since evolved into a leading specialized contractor in the region.

Growth and Expansion

Under Kabbani’s leadership, the IKK Group has grown into a regional powerhouse, operating in over 20 countries across the Middle East and North Africa (MENA) region. The group’s success is built on a foundation of innovation, quality, and a commitment to meeting market needs. KCG, in particular, has expanded its services to include specialized contracting, engineering solutions, infrastructure development, turnkey building, civil and electromechanical maintenance, oil and gas services, energy management, and sustainable energy solutions.

KCG’s growth reflects Kabbani’s strategic vision. Starting as a modest roofing contractor, KCG has evolved into a construction leader with over 22 business divisions. The company now serves a wide range of sectors, including infrastructure, residential, commercial, and industrial projects. Its presence extends beyond Saudi Arabia to countries such as the UAE, Qatar, Egypt, Lebanon, Bahrain, Oman, and Kuwait.

Key Projects and Contributions

Kabbani Construction Group has been instrumental in shaping Saudi Arabia’s infrastructure and contributing to its economic development. Some of its most notable projects, as highlighted by Construction Week Online, include:

  • Infrastructure Development: KCG has played a key role in major projects such as the Riyadh Metro and King Abdulaziz International Airport, enhancing the kingdom’s transportation and aviation sectors.
  • Residential Construction: The company completed the design and construction of 1,635 residential villas across six cities in Saudi Arabia, addressing housing needs.
  • Water Transition Sector: KCG undertook complex projects like micro tunnelling under a train track in Jeddah (55 meters deep, 1 kilometer long) and the rehabilitation of a reservoir in Makkah (90,000 square meters), showcasing its engineering prowess.
  • Interior Fit-Out: KCG provided interior fit-out services for a public-sector headquarters in Riyadh, utilizing advanced technologies like 3D laser scanning and modeling for a 25,000-square-meter space.
  • Transportation Assets: The company has constructed 50 bridges and 15 tunnels, including fast-track projects like the World Defence Show.
  • Airport Development: KCG renovated VIP and royal terminals in 14 airports across Saudi Arabia and handled structure protection and runway paving.
  • Gigaprojects: KCG is actively involved in Vision 2030 initiatives, including constructing an airport runway in AMAALA and road networks for NEOM.

These projects highlight KCG’s ability to deliver high-quality, innovative solutions for some of the most ambitious developments in the region.

Alignment with Vision 2030

Saudi Arabia’s Vision 2030 aims to diversify the economy, develop public services, and create a thriving society. KCG has embraced this vision by aligning its operations with its goals. The company has significantly increased women’s participation in its workforce, achieving a 500% rise in female employees. Additionally, KCG has established a digital construction unit that leverages Building Information Modeling (BIM) and 3D scanning, positioning itself as a leader in technological innovation.

KCG’s contributions to Vision 2030 extend to its involvement in gigaprojects like NEOM and AMAALA, which are central to Saudi Arabia’s transformation. By providing turnkey construction and engineering solutions, KCG supports the development of modern, sustainable cities.

Isam Khairi Kabbani’s journey from a government economist to a pioneering businessman is a story of vision, perseverance, and excellence. As the founder of the IKK Group and Kabbani Construction Group, he has built a legacy that spans generations and borders. His leadership has transformed the construction sector in Saudi Arabia and the MENA region, delivering innovative solutions and contributing to national development goals like Vision 2030. Kabbani’s commitment to ethical practices, innovation, and community development continues to inspire, ensuring that his influence will be felt for years to come.

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