Ahmad Hamad Algosaibi & Brothers Company
Al Khobar-based Algosaibi family group (est. 1940) holding subsidiaries and joint-venture stakes in construction, manufacturing, energy, food, hospitality and transport.
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Family & background
- FAMILY
- Algosaibi
- HEADQUARTERS
- Al Khobar, Saudi Arabia
- FOUNDED
- 1940
Investment approach
- GEOGRAPHY
- Saudi Arabia
- ROUTES
- Companies (own capital)
Overview
Ahmad Hamad Algosaibi & Bros traces its origin to Hamad Algosaibi Co., established by Sheikh Hamad bin Ahmad Algosaibi in the Eastern Province in 1940, and is described on its site as a business of the Hamad Algosaibi family. Its listed subsidiaries and investments include wholly owned Raymond Saudi Arabia, a 30% stake in Jotun Powder Coatings, 50% of Solar Arabia, and joint ventures such as Crown Arabia and National Factory for Can Ends, alongside Gosaibi Foods, the Al-Gosaibi Hotel, GAC Saudi Arabia and IACC. Its board is made up of Algosaibi family members.
Holdings & investments (12)
- Raymond Saudi Arabia LimitedIndustrial & Manufacturing · wholly owned
- Gosaibi Foods (GFC)Consumer & E-commerce
- Solar ArabiaClimate & Energy · 50% (joint venture)
- Tecmo Arabia LtdIndustrial & Manufacturing · group company
- Crown ArabiaIndustrial & Manufacturing · joint venture with Crown Cork & Seal
- Eastern Insulation Company (EICO)Industrial & Manufacturing · subsidiary
- Jotun Powder CoatingsIndustrial & Manufacturing · 30%
- National Factory for Can Ends Ltd. (NAFCEL)Industrial & Manufacturing · joint venture
- The Arabian Pipecoating Company (APCO)Industrial & Manufacturing · co-founded 1983
- Al-Gosaibi HotelConsumer & E-commerce
- GAC Saudi ArabiaMobility & Logistics
- IACCMobility & Logistics
People
Frequently asked questions
Ahmad Hamad Algosaibi & Brothers Company is a family holding based in Al Khobar, Saudi Arabia, founded in 1940.
Ahmad Hamad Algosaibi & Brothers Company invests on behalf of the Algosaibi family.
Ahmad Hamad Algosaibi & Brothers Company invests its own capital into companies.
Ahmad Hamad Algosaibi & Brothers Company invests in Industrial & Manufacturing, Consumer & E-commerce, Climate & Energy and Mobility & Logistics.
Key people at Ahmad Hamad Algosaibi & Brothers Company include Yousef Ahmed Hamad Algosaibi (Chairman of the Board), Dawood Suleiman Hamad Algosaibi (Vice Chairman of the Board), Abdul Mohsen Ahmad Hamad Algosaibi (Board Member) and Waleed Khaled Ahmad Hamad Algosaibi (Board Member).
Ahmad Hamad Algosaibi & Brothers Company's holdings and investments include Raymond Saudi Arabia Limited, Gosaibi Foods (GFC), Solar Arabia, Tecmo Arabia Ltd, Crown Arabia, Eastern Insulation Company (EICO), Jotun Powder Coatings and National Factory for Can Ends Ltd. (NAFCEL), among others.