Ali Al Harbi, CEO and Managing Director of IHR
Ali Al Harbi, CEO and Managing Director of the International Human Resources Co. (IHR), said outsourcing and operations remain the company’s key revenue driver and highest-demand segment, while consulting and training continue to post notable growth.
Speaking to Argaam on the sidelines of the Argaam Summit 2026, Al Harbi said the information technology and tech products segment is expected to become a revenue stream comparable to operations in the coming period.
He noted rising demand for HR services, particularly from small and medium-sized enterprises (SMEs), amid growing awareness of the value of specialized firms in human capital development, Saudi workforce outsourcing, training, and talent acquisition.
The company recorded growth in headcount under Saudi outsourcing services, driven by new contracts and the expansion of existing agreements with major entities, including Elm Co. and several banks.
Recent contracts signed by the company include agreements with the Capital Market Authority, the Financial Academy, Arab National Bank, and Zain KSA, supporting revenue growth and higher employee numbers.
On plans to move from the Nomu-Parallel Market to the Main Market (TASI), Al Harbi said the company is targeting a transition in the near term.
IHR Q1 2026 net profit rose 76% year-on-year (YoY) to SAR 3.9 million, from SAR 2.2 million in the year-earlier period, according to Argaam’s data.
Ali Al Harbi, CEO and Managing Director of IHR
Ali Al Harbi, CEO and Managing Director of the International Human Resources Co. (IHR), said outsourcing and operations remain the company’s key revenue driver and highest-demand segment, while consulting and training continue to post notable growth.
Speaking to Argaam on the sidelines of the Argaam Summit 2026, Al Harbi said the information technology and tech products segment is expected to become a revenue stream comparable to operations in the coming period.
He noted rising demand for HR services, particularly from small and medium-sized enterprises (SMEs), amid growing awareness of the value of specialized firms in human capital development, Saudi workforce outsourcing, training, and talent acquisition.
The company recorded growth in headcount under Saudi outsourcing services, driven by new contracts and the expansion of existing agreements with major entities, including Elm Co. and several banks.
Recent contracts signed by the company include agreements with the Capital Market Authority, the Financial Academy, Arab National Bank, and Zain KSA, supporting revenue growth and higher employee numbers.
On plans to move from the Nomu-Parallel Market to the Main Market (TASI), Al Harbi said the company is targeting a transition in the near term.
IHR Q1 2026 net profit rose 76% year-on-year (YoY) to SAR 3.9 million, from SAR 2.2 million in the year-earlier period, according to Argaam’s data.

