Chairman’s Greetings
Today the Alzahid Group of Companies is a business without
borders. These Companies achieve maximum effectiveness through
the style of business management that plays a key role. We
clearly realize that the progress of the group is only possible
over a harmonic combination of key components. Which include a
concentration of business on the client’s needs, competent
management and distributed powerful infrastructure, which
together create our approach as we exert every effort to advance
ourselves dynamically to the future.
The core of the Group is a united goal seeking professional team
who know their own worth. We are open for new contacts and
global partners. The Alzahid Group of Companies operation in the
kingdom and worldwide pledge to be good corporate citizens with
business values that are efficient and reliable. We strive to be
a global group based on premier standards of product quality,
services, environmental protection, safety and health that
remain our highest concern.
Our unique management concept has made Alzahid Group a
successful group not only in Saudi Arabia but throughout the
Globe. We are willing to share our experience, know-how and
management success with our future Partners.
That we are proud to say that all our companies under the
umbrella of Alzahid Group is achieving the maximum success and
profitability.
Sincerely,
Sheikh Issam Alzahid
Chairman
About Alzahid Group
The Alzahid Group of Companies was founded in 1951 by Alzahid
Family through Alzahid Construction. All through that time,
constructions was in full flourish and were involved in town
planning, By 1958 the company was in full swing, building
bridges, tunnels, flyovers, roads, to give a few examples also
Alzahid Group had the honorable distinction of being the most
dynamic Company with steady growth.
By 1972, the Group had interests in a variety of fields and
moreover Group Divisions had technical collaboration with many
reputed foreign organizations. This feature of our divisions
helped us to provide the best solutions for the high quality
services. We are confident that our customers remain satisfied
with our performance and professional services with the group's
divisions until today. The Group has 4 Major Divisions consist
of Industries, Constructions, Mining, and Trading & Services
The Group has different investments worldwide and plans are in
the pipeline to increase international investments for the year
2010-2011 by 23%. Each company operates independently of the
other, managerially, financially and strategically and that has
been the general policy since the inception of Alzahid. The
general contemporary strategy adopted as a trail to
globalization is to find the right partners throughout the world
to work together with a warm handshake for the general
prosperity of all involved.
The Alzahid Group further supports growth by joining with
business units to develop a comprehensive plan to meet the
company’s manpower which is a total of 37,800 employees World
Wide. We believe that our ethical commitments are just as
important as economic factors with a focus on a ambitious global
growth strategy in the worldwide market. With a tremendous
increase of its operations it is estimated that by the end of
2011, Alzahid Group will have over 41,000 employees.
The board of directors, chaired by an elected member on a
tri-annual basis, is made up of eight members. This board saw
the need for an in-house finance system to avoid the problems
that many business entities suffer, due to dependence on
monetary institutions, and decided to establish a member company
to finance the complete operations of the group. That is how
Alzahid Finance was created.
The total turnover for the group in the domestic market for the
year 2009 was 14.3% higher than the year before and for the
international investment, the turnover for the same period was
11.1% higher than the year 2008.
Organizational-Chart-Alzahid-Group