Maharah for Human Resources Company
1831.SR
Saudi Exchange4.92
SAR
-0.02
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Maharah for Human Resources Company
1831.SR
(Saudi Exchange)
Recent
price
4.92
P/E
ratio
- -
div
yld
- -
ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Maharah for Human Resources Company (1831.SR), a leading Saudi provider of integrated human resources solutions, specializes in manpower supply, recruitment, and outsourcing services to public and private sector clients; offers professional staffing including physicians, nurses, programmers, accountants, and sales personnel; provides workforce solutions such as technicians, factory workers, general labor, housekeepers, drivers, and personal assistants; delivers Esnad Maharah outsourcing encompassing payroll, leaves, social security, end-of-service benefits, wage protection, and medical insurance; supplies seasonal employment for up to 90 days, competency securing, training, and development; and operates specialized platforms like Maharah Electronic for hourly domestic services including cleaning, cooking, childcare, and caregiving with flexible packages across Saudi cities. The company serves diverse sectors such as medical, retail, tourism, hospitality, leisure, contracting, operation and maintenance, technical, delivery, facilities management, banking, and SMEs; targets corporate, facilities management, and individual customers; and maintains primary operations in Saudi Arabia with presence in the United Arab Emirates. Founded in 2013 and headquartered in Riyadh, Saudi Arabia, Maharah operates through segments including Corporate, Individual, and Facilities Management, generating majority revenue from its Corporate segment in the Kingdom. Recent developments include a November 2025 brand license agreement with ManpowerGroup, enabling its subsidiary Growth Avenue Investment Company to launch the global Manpower brand in Saudi Arabia for high-skill recruitment, permanent and temporary staffing, and outsourcing; a February 2025 strategic partnership with Systems Arabia for Microsoft Dynamics 365 F&O implementation in financials and supply chain management, plus an MoU for digital transformation and cybersecurity; and ongoing expansions via subsidiaries like Shifaa for healthcare operations (established 2017), Nabdz for logistics (2021), and prior acquisitions such as a majority stake in Ataaf for services, stake in Bloovo recruitment platform, and 40% in Saudi Medical Systems (2022).