Alzahid Group of Companies started in 1951 with Alzahid Construction. During that time, construction was in full bloom and our parent organization was involved in town planning, construction of buildings, roads, and other facilities. It also had the honorable distinction as of being the first company to build coast guard stations along the shoreline of Saudi Arabia. By 1958 the company was in full swing, building bridges, tunnels, flyovers, roads, etc. were successfully established

Keeping up with times and recovering fast from the depression of 1959, the group's divisions met the market requirements head-on. With the internal formulation of policies and regulations, we operated wherever there was potential and a need for habitation.. By the second depression in 1967, the group had rooted deeply enough to withstand the dark days with little distress. Its dynamic policies not only helped maintain its progress during trying times but allowed it to grow further, rapidly. By 1972, the group had interests in a variety of fields and started adding new companies to its family and which are present until today.

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 disasters that many business entities suffer, due to dependence on monetary institutions, and decided to establish a member company to finance the complete operation of the group. That is how Alzahid Finance was incepted?

The group has different investments worldwide and plans  to increase international investments for the year 2006-2007 by 20%. Each company operates independently of the other, managerially, financially and humanly and that has been the general strategy since the inception of Alzahid. The general contemporary strategy adopted as a trail to globalization, to find the right partners throughout the world and work together in a warm handshake for the general prosperity of all involved.

Alzahid Group has always been planning for its future growth ahead of time. So there will be new members of companies joining by the year 2007-2008 at mostly focusing on manufacturing and heavy industries.

Our key  to success is based on trust, understanding and absolute co-operation, believing in perfect simplicity and this is all the more reason why Alzahid Group has been able to withstand the pressures and trials of time and will continue to be strong with the changing ebbs of the international business directions.

Alzahid Group has a total 23,670 employees in the Kingdom of Saudi Arabia and worldwide and with tremendous increase of its operation, by the end of 2007, Alzahid Group of Companies will have over 30,000 employees.

The total turnover for the group in the domestic market for the year 2006 was 12.8% higher than the year before and for the international investment, the turnover for the same period was 9.3% higher than the year 2005.

Turnover can be provided for each company member upon request.