{"id":44342,"date":"2025-03-05T13:30:55","date_gmt":"2025-03-05T10:30:55","guid":{"rendered":"https:\/\/thesauditimes.net\/en\/?p=44342"},"modified":"2025-03-20T09:16:48","modified_gmt":"2025-03-20T06:16:48","slug":"issam-al-zahid-chairman-of-al-zahid-group","status":"publish","type":"post","link":"https:\/\/thesauditimes.net\/en\/issam-al-zahid-chairman-of-al-zahid-group\/","title":{"rendered":"Issam Al-Zahid Chairman of Al-Zahid Group"},"content":{"rendered":"

Issam Al-Zahid<\/a> is a Saudi businessman who currently serves as the Chairman of Al-Zahid Group. Since its founding, Al-Zahid Group, along with Al-Zahid Construction, has played a vital role in urban planning in Madinah.<\/p>\n

The group was established in 1951 and contributed significantly to the construction of roads, buildings, and infrastructure projects at the time. It was also the first company to build coast guard headquarters along the Kingdom’s shores.<\/p>\n

Over time, Al-Zahid Group diversified its investments across multiple sectors, including transport, logistics services, travel agencies, business services, financial services, electricity and water equipment, and oil-related facilities.<\/p>\n

By 1958, the company had reached the peak of its activities, actively participating in the construction of bridges and tunnels.<\/p>\n

 <\/p>\n

\"Issam
Issam Al-Zahid Chairman of Al-Zahid Group<\/figcaption><\/figure>\n

 <\/p>\n

Al-Zahid Group’s Global Investments<\/strong><\/h2>\n

Following its 2011-2012 strategy, which aimed to increase international investments by 23%, the group has significantly expanded its global presence.<\/p>\n

Al-Zahid Group has played a crucial role in developing Saudi Arabia\u2019s transportation infrastructure, much of which remains in use today.<\/p>\n

Currently, the group employs more than 37,000 people and continues to expand into industries such as mining, logistics, oil and gas, manufacturing, information technology, and food production. The workforce is expected to reach 41,000 employees soon.<\/p>\n

Issam Al-Zahid’s Wealth<\/strong><\/h2>\n

Issam Al-Zahid is considered one of the wealthiest figures in the Arab world. His name was listed among the top ten richest Arabs in 2014, with an estimated fortune of $11 billion.<\/p>\n

In 2013, he was included in the Arabian Business magazine\u2019s annual list of the richest Arabs. The following year, he was ranked among the top ten richest Arab figures again.<\/p>\n

Additionally, Al-Zahid Group is a leader in logistics solutions, providing and executing large-scale projects with efficiency and speed.<\/p>\n

 <\/p>\n

\"Issam
Issam Al-Zahid Chairman of Al-Zahid Group<\/figcaption><\/figure>\n

Major Projects by Al-Zahid Group<\/strong><\/h2>\n

Al-Zahid Group has been involved in numerous large-scale projects, including a joint collaboration with the Bin Laden Group.<\/p>\n

This partnership included purchasing a 175,000-square-meter plot of land to develop high-quality residential services in King Abdulaziz Economic City.<\/p>\n

As part of the city’s expansion, Al-Zahid Group introduced cutting-edge technology in trade and commerce. The group is also currently working on a high-speed railway project connecting King Abdulaziz Economic City with Makkah and Madinah, equipped with state-of-the-art technology.<\/p>\n

Companies Owned by Al-Zahid Holding Group<\/strong><\/h2>\n

Al-Zahid Holding oversees several subsidiary companies, including Tariq Al-Zahid Holding, which manages over 10 industrial companies, such as:<\/p>\n

Gulf Pallet Factory<\/p>\n

Tariq Al-Zahid Rubber Factory<\/p>\n

Ramooz Engineering Contracting<\/p>\n

Netaj Saudi Aluminum Factory<\/p>\n

Sama International<\/p>\n

Netaj Saudi Copper Factory<\/p>\n

Red Sea Pallet Factory<\/p>\n

Development Resources for Building Materials<\/p>\n

Development Resources for Metals<\/p>\n

Among Al-Zahid Holding Group\u2019s notable clients are Saudi Aramco, Toyota, and SABIC.<\/p>\n

 <\/p>\n

The group’s investment portfolio includes:<\/p>\n

50% in manufacturing<\/p>\n

20% in real estate<\/p>\n

20% in trade, contracting, food security, and stock market investments<\/p>\n

Al-Zahid Holding also includes subsidiary companies such as:<\/p>\n

Al-Zahid Equipment Company<\/p>\n

Al-Zahid Generators Company<\/p>\n

Al-Zahid Employment Company<\/p>\n

Al-Zahid Generator Rental Company<\/p>\n

With its diversified business empire, Al-Zahid Group continues to be a major player in Saudi Arabia’s economic development and infrastructure expansion.<\/p>\n

 <\/p>\n

See More: Wafic Sa\u00efd the Man Behind the Al-Yamamah Deal<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Issam Al-Zahid is a Saudi businessman who currently serves as the Chairman of Al-Zahid Group. Since its founding, Al-Zahid Group, along with Al-Zahid Construction, has played a vital role in urban planning in Madinah. The group was established in 1951 and contributed significantly to the construction of roads, buildings, and infrastructure projects at the time. It was also the first company to build coast guard headquarters along the Kingdom’s shores. Over time, Al-Zahid Group diversified its investments across multiple sectors, including transport, logistics services, travel agencies, business services, financial services, electricity and water equipment, and oil-related facilities. By 1958, the<\/p>\n","protected":false},"author":1,"featured_media":44345,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_focuskw":"Issam Al-Zahid","_yoast_wpseo_metadesc":"Explore the leadership of Issam Al-Zahid, Chairman of Al-Zahid Group, and his impact on construction, logistics, and industrial sectors.","om_disable_all_campaigns":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[220],"tags":[],"class_list":["post-44342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"yoast_head":"\nIssam Al-Zahid: Chairman of Al-Zahid Group<\/title>\n<meta name=\"description\" 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