
The Alzahid Group of Companies was 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 building, roads and other facilities. By 1958 the company was in full swing, building
bridges, tunnels. Flyovers, roads, etc, were successfully established.
Alzahid Group has started in the early 80's to focus on Industrial Sector and by early 90's moved to
Heavy Industry and Mining and now that is the core of Alzahid Group business activities.
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 group has different investments worldwide and plans to increase the intehational investments
for the year 2009-2010 by 15%. 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.
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 2009-2010.
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 over 31,000 employees worlwide.
The total turnover for the group in the domestic market for the year 2008 was 11.3% higher than
the year before and for the international investment, the turnover for the same period was 6.4%
higher than the year 2007.
Turnover can be provided for each company member upon request