Omrania, the Riyadh-based architecture and engineering consultancy with 50 years of experience, will join the Egis Group, a leading global engineering, consulting and operations firm.
The acquisition marks a significant step forward for both firms in creating an opportunity to leverage their joint footprint and client base to reach significant scale in Saudi Arabia, and strengthens their combined position in helping achieve the country’s 2030 vision. Omrania and Egis signed a definitive agreement at the Ministry of Investment in Riyadh on March 8, 2023.
Basem Al-Shihabi, Chairman of Omrania’s Board of Directors, said: “On our 50th anniversary, we are tremendously excited to join forces with Egis, fulfilling our dreams of perpetuity, and joining forces with Egis who are leaders in the field, where our combined expertise will allow us to deliver world-class architecture and engineering design projects. Egis and Omrania have been working together since 2013 and this step will surely bring together the best that both offer to our clients and ourselves.”
Omrania’s management and operations will continue uninterrupted. The company will continue to serve clients in the same reliable manner as always, building on its record of excellence.
With the addition of almost 700 professionals from Omrania, Egis in the Middle East region is expected to grow to over 3,000 people. The company is currently involved in some of Saudi Arabia’s most iconic projects, with distinguished clients including The Royal Commission of Riyadh City (RCRC), NEOM, SEVEN, Qiddiya Investment Company, Diriyah Gate Development Authority, Red Sea Global, Soudah Development, The Royal Commission of AlUla (RCU), Saudi Downtown Company, Saudi Railway Company, Riyadh Airports, and others.
Laurent Germain, CEO of Egis Group, said: “With the addition of Omrania, Egis will create a true leadership position in high-end design and architecture services in Saudi Arabia. Together with Omrania’ s team, we have a shared vision to design sustainable and contextual environments that enrich the quality of everyday life. Egis looks forward to welcoming Omrania’s employees and joining forces with such a well-respected, Saudi grown architectural and engineering consulting name.”
Founded in 1973, Omrania has built a strong reputation for its integrated and interdisciplinary approach to architecture, master planning, urban design, landscape and engineering services. Through its work with government entities, cultural institutions, the private sector, and other organizations, Omrania offers its clients comprehensive design services from conceptual studies to design development and construction site supervision. The company has won many honors and awards, including the prestigious Aga Khan Award for Architecture.
The acquisition, which is expected to close in the first half of 2023, is subject to regulatory approvals.
Signing the Acquisition Agreement at the Ministry of Investment in Riyadh on March 8, 2023.