Ahmad Hamad Al Gosaibi & Brothers

Ahmad Hamad Al Gosaibi & Brothers (A. H. Al Gosaibi & Bros.), among Saudi Arabia's largest commercial groups, was founded by Hamad Ahmad Al Gosaibi as a trading company with money exchange interests in the late 1940s. His three sons, Ahmad, Abdul Aziz and Sulaiman, expanded the operation to include real estate, banking, and manufacturing, organizing it into a holding company and, in the process, made it among the most respected business houses in the Middle East.

Sulaiman is the lone surviving brother and Board Chairman of the Alkhobar, Saudi Arabia based A.H. Al Gosaibi & Brothers Group. Other Board members include Yousef Ahmad Al Gosaibi (Group President), Khalid Ahmad Al Gosaibi, Abdul Mohsin Ahmad Al Gosaibi, Saud Abdul Aziz Al Gosaibi (Group Managing Director), Dawood Sulaiman Al Gosaibi (all grandsons of Hamad Ahmad Al Gosaibi) and the family's long time Palestinean associate, and Group Senior Vice President, Mohammed Hindi.

A.H. Al Gosaibi & Brothers Group investments include the ownership of the National Bottling Company (KSA),which bottles Pepsico beverages in Saudi Arabia's Eastern Province, the locally renowned Al Gosaibi Hotel, the A.H. Al Gosaibi & Bros. Money Exchange Bureau (which holds the Saudi rights for distribution of the American Express Gold card and Amex traveller checks), The International Banking Corporation (TIBC -Bahrain), and multiple, banking/financial, shipping, trading and manufacturing ventures. The Al Gosaibi Group have corporate partnerships with Jotun, Crown Holdings, SABIC, Olayan Holdings, the Al Moajil Group, and British Petroleum in manufacturing operations throughout the Middle East. Their trading activities, which includes a major parts supplier to oil giant, Saudi Aramco, represent companies as diverse as Sumitomo of Japan, Jeumont of France, Mirrlees Blackstone of the United Kingdom, and the Canadian based ShawCor. Active in Saudi Arabia's publicly traded Tadawul [http://www.tadawul.com.sa/wps/portal/!ut/p/_s.7_0_A/7_0_49I/.cmd/ChangeLanguage/.l/en] market, they are either the largest or among the largest shareholders in SAMBA, the Arab Bank, the Saudi British Bank (SABB), Eastern Cement, the DMI Trust, Saudi Cement, Arabian Industrial Development (NAMA), Savola, SCECO(East), Saudi Hotels, Saudi Chevron Phillips, the Tihama Media Group and United Sugar to name a few. Their extensive real estate holdings rival those of the Saudi royals, and they rank, along with the Kingdom's other well known business families such as the Juffalis, the Alirezas, the Bin Ladens, the Al Rajhis, the Kaakis, the Bakhashabs [http://bakhashab.com.sa/] , the Sharbatlys [http://www.sharbatlyvillage.com] , the Binzagrs [http://www.binzagr.com.sa/history.htm] , the Zamils [http://www.zamil.com] , the Bin Mahfouzs [http://www.sedcogroup.com/index.asp] , the Olayans, the Rashids, the Suleimans [http://rolaco.net/] , the Kamels, and the Riyadh based distantly related Algosaibi family [http://www.algosaibi-holding.com/] , at the highest and wealthiest tier of Saudi Arabia's influential merchant class.

The Al Gosaibi family are also known to have provided seed capital and project funding to other companies who have developed their own separate, and substantial, corporate profiles. Examples of these include the Yousef Ahmad Al Gosaibi Group [http://www.gosaibi.com.sa] , the Saad Group [http://www.saadgroup.com/home/index.asp] , and the Gama Al Moushegah Group [http://www.gama.com.sa] .

The Al Gosaibis have earned a well-developed philanthropic reputation playing key roles in founding & funding Saudi & international based Islamic welfare organizations. Examples of these include the Saudi based Fatat Al Khaleej [http://www.fatatalkhaleej.org/] and the British based AlBirr Foundation [http://www.albirr.com/] .

ee also

* Al Gosaibi family

[http://www.ahalgosaibi.com/about_us.htm Ahmad Hamad Al Gosaibi & Brothers]