Algosaibi Holding Co.

International Private company
PO Box 222, Dammam,  31411, Saudi Arabia
()966 03 847 4444, 966 03 847 1854 fax, http://www.algosaibi-holding.com

Primary SIC: Frozen Foods, Primary NAICS: Packaged Frozen Food Merchant Wholesalers
Description: Wholesale: Import and distribution of frozen and dry foods and speciality foodstuffs; shrimp fishing; general contracting and agency representation; catering and camp maintenance; diving and underwater maintenance; salvage services; production of calcium silicate bricks and blocks; manufacture of admixtures for concrete and roofing membranes; manufacture of fireproof materials and artificial fertilisers, industrial and marine paints, thermoplastic road marking paints and road studs; agencies for pumps and industrial equipment; pipeline construction, internal cleaning and coating; golf cars; Oil well services; tank cleaning and recovering and corrosion protection

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Algosaibi Holding Co., News and Information

CBB takes control of failing banks.
Gulf Weekly; 8/9/2009; 737 words; ...Group and Ahmad Hamad Algosaibi Bros and Co, and is in the process...CBB requires of those holding such positions in a licensed...billion) out of the Algosaibi family company into his...no business links with Algosaibi. Standard & Poors...

Deutsche Bank and Commerzbank file law suits against Algosaibi.
CPI Financial; 7/30/2009; 834 words; ...it's owed $144 million by Algosaibi Investment Holdings EC. Ahmad Hamad Algosaibi & Brothers Co., a family-run holding company that's restructuring...restructuring exercise." The Algosaibi group owes a total of 34 billion...

Saudi banks may post lower profit on tight lending.
Saudi Economic Survey; 7/16/2009; 941 words; ...according to EFG-Hermes Holding SAE, the largest Egyptian...Islamov, an analyst at HSBC Holdings Plc in Riyadh, said. Al...decline in net income. The Algosaibi and Saad groups, two of Saudi...4 billion and $7 billion Algosaibi and Saad, HSBC said in a...Abdullatif Industrial Investment Co., ...

Saad, Algosaibi may owe up to $7b to Saudi banks: HSBC.
Times of Oman (Muscat, Oman); 7/8/2009; 748 words; ...billion to the local Saad and Algosaibi groups, which have borrowed...plan to restructure debt, HSBC Holdings said. Eoe1/4EoAlmost half...exposure to Saad and Ahamd Hamad Algosaibi & Brothers Co.Eoe1/4A[yen] is about...

Saudi Arabia : Saudi Arabias Algosaibi Said to Owe $9.2 Billion to Banks.
TendersInfo; 6/26/2009; 811 words; ...sander03 Ahmad Hamad Algosaibi & Brothers Co., the Saudi family holding company whose Bahraini...situation said. The Algosaibi group held a meeting...a stake in HSBC Holdings Plc, managed TIBC...Group, al-Sanea s holding company, denied...married into the Algosaibi family, ...

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