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History

  2. About Us
  3. History
1800s

The Algosaibi’s of the 1800s transported goods between the fertile coast of the East of the Arabian Peninsula and the scorching sands of its central region of Najd. They were entrusted to collect taxes in Huraymlah on its governor’s behalf.

Like many Najdi families of prominence in the 1880s, the Algosaibi’s, constrained by the devastating drought have relocated to the Eastern Province of Al-Ahsa. Shortly the presence extended to Bahrain. From these two key locations began the parallel stories of wealth and influence that defined the family for the centuries to follow.

  • 1900-1950

    Sheikh Khalifa A. Algosaibi, the eldest son of Abdulrahman, was born an ambitious entrepreneur with forward-looking business ideas, unconventional to his time and region. With very limited resources, he founded a business supplying the Saudi army with food imported from Egypt, delivered through the port city of Jeddah. The Algosaibi’s trade expansion and their multiple social, political and economic roles upheld the family as key players in the Arabian Peninsula’s history.

    With pearling at the heart of the Algosaibi’s businesses, the introduction of Japanese cultured pearls during the 1930s had an inevitability vast impact on finances.

  • 1950-1970

    In 1950, Sheikh Khalifa A. Algosaibi co-founded GULF AVIATION Company, which later evolved into GULF AIR. In 1963, he successfully established the Khalifa Algosaibi Fishing Company, which, at its peak, operated over sixteen trawlers and exported shrimp to the US under the brand name “Ocean Reef”, achieving annual exports valued at over $5 million. In 1964, the company expanded into the field of commercial diving with the founding of the Algosaibi Diving and Marine Services Company (ADAMS). ADAMS held the sole subsea contract with Saudi Aramco for more than 30 years. By 1968, KAI expanded to FMCG distribution with the establishment of Khalifa Algosaibi Cold Stores Co. (KACS).

  • 1970-1990

    This period witnessed the Group’s expansion to include Hospitality and Catering (AGS), Spectrum Chemicals, a trusted manufacturer in the United Kingdom of polyurethane and specialty construction systems, construction of the Algosaibi Residential Compound (Las Dunas) as well as establishment of Saudi Road Marking Co. Ltd (ROMAC) and National Road Studs Co.(NRS).

    KAI continued to invest in new businesses in the 1980s. Founded Sigma Paints in 1981 a leading provider of high-quality paints and coatings.

    Established Construction Material Chemical Industries (CMCI) in 1985, a trusted Saudi manufacturer of building chemicals. With three manufacturing plants across Saudi Arabia, CMCI has grown alongside the booming construction industry, serving the Kingdom, the Gulf, and the Middle East. 

    Founded Arabian Vermiculite Industries (AVI) in 1985 to address the growing demands of the construction sector and bridge the gap in local manufacturing and supply of high-quality fireproofing materials.

  • 1990-2010

    The Khalifa Algosaibi Trading Company (KAT) was established in the 1990s, along with the Algosaibi Oil Field Services Company (AOS).

2010-Present

We proudly continue to serve multiple sectors of Saudi Arabia’s economy. In 2017, we restructured, transforming the Holding Company into a Closed Joint Stock Company under the current name of Khalifa Abdulrahman Algosaibi Investment Company (KAI). In 2020, KAI acquired Asas Training Institute (ATI), which now delivers top-quality vocational training. That same year, KAI participated in establishing Silver Star, a logistics service company offering comprehensive and cost-effective solutions. In line with Vision 2030 and meeting international demands, we established the Specialized Industrial Casting Company (SICAST) in 2021. Equipped with state-of-the-art machinery and managed by experienced professionals with key roles in renowned steel foundries across Europe, the Middle East, and India, SICAST is well positioned to contribute to Saudi Arabia’s economic transformation and prosperity. With our commitment to protecting the environment in 2024 we have launched Sustainability Services and Solutions company which focuses on providing innovative and environmentally responsible solutions for the treatment of various waste types. We are committed to excellence, safety, and sustainability, delivering high-quality services that meet and exceed regulatory standards. Taking into account the growing demand we have partnered up with Vien Group in 2024, and take pride in our comprehensive range of fabrication and manufacturing services. We are dedicated to executing complex customer projects, forging effective partnerships, and building on our rich legacy, deep expertise, and extensive network.

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