Alzahid Group got its start in 1951 under the banner Alzahid Construction, when it had a hand
in smaller-scale planning of roads and other city infrastructure. Later it would be tapped to
build the kingdom’s first coast guard stations. By 1958, the company was in full swing, building
everything from bridges to tunnels and flyovers — indeed much of the basic transport
infrastructure upon which the Kingdom still relies.
Alzahid Group significant interests in mining, logistics, oil and gas, manufacturing,
information technology, foodstuffs, retail, alternative engery, security solution, private equity and many other sectors. In recent years, it has set up
further subsidiaries in areas as diverse as agriculture, aviation and medicine, and has plans to
invest heavily in the oil and gas sector.
The best way to understand the Alzahid Group Holding is to view it as a fully private
trading, investment and operating holding company aggressively identifying and
acquiring companies, in which the Alzahid Group Holding can leverage its strengths to
generate superior earnings, or market value. With this strategic global business
approach, the Alzahid Businesses have achieved superior asset growth throughout the
last 70 years.
Consistent with this, the management and employees of the Alzahid Group Holding
continuously review current businesses and investments to ensure that strategies are
providing the highest return and value, relative to risk.
The Alzahid Group Holding forms participation in each company or investment and
adapts to optimize risk-adjusted return. These forms include equity, debt, 100 percent
ownership, and joint ventures.
All Alzahid Group Holding investments are managed as separate stand-alone
ventures; therefore, each subsidiary has its own management platform and operates
independently.
