Algosaibi & Bros

http://indotrade.co/ahalgosaibi

Now a conglomerate, A. H. Algosaibi & Bros. Co.' s early beginnings were in the 1940' s under the name of Hamad Algosaibi & Sons. Following the entrepreneurship spirit of their late father, the three co-founders, the late Ahmad, Abdulaziz and Sulaiman Algosaibi expanded the business and diversified its activities.

Commercially, the Company is known to have established the first bonded Warehouse dedicated solely to Saudi Aramco. The Company also supplied Saudi Aramco' s first locally purchased order for steel pipes, tugboats and tires.

Industrially, the Company is similarly known to have been a pioneer in building a soft drinks filling factory in the mid-50' s for Pepsi Cola Products, co-founder of the first electric power station and Saudi Cement plant in the Eastern Province of the Kingdom.

The passage of years gave rise to other successful business enterprises in the various sectors of the Saudi economy: manufacturing, trading, shipping, real estate, agriculture, banking, insurance, travel services, media, and hotel with branches covering the Kingdom.

Taken no less seriously, social and environmental responsibilities have been central the Company strategies. In line with that, A. H. Algosaibi founded Fatat el Khaleej as a social welfare society for the benefit of the local community. Concurrently, A. H. Algosaibi and Bros. are directors of Albirr Welfare and Patients' Friends Societies. The Company has also been contributing to the beautification of the main streets and beaches of Alkhobar and Dammam. Their donations crossed the borders to reach some universities and hospitals in the USA and UK.

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