Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


July 29, 2015 3:05 PM ET

Industrial Conglomerates

Company Overview of A. H. Algosaibi & Bros. Co.

Company Overview

Ahmad Hamad Algosaibi & Bros. engages in financial, manufacturing, contracting and real estate, trading and commercial agency, shipping, travel, media and exhibition, and agriculture businesses. Its activities include water freight forwarding; distribution of ship equipment; manufacture of cans, paper, steel pipes, tires, and electrical machinery; soft drinks bottling and chips production; tugboats; advertising, public relations, fairs, and exhibition organization; insurance, banking, and investment services; hotel operations; travel agencies; and civil contracting and engineering consulting services. Ahmad Hamad Algosaibi & Bros. was formerly known as Hamad Algosaibi & Sons. The company was...

Ahmad Hamad Algosaibi Building

Hamad Algosaibi Street

Alkhobar,  31952

Saudi Arabia

Founded in 1991

Phone:

966 13 882 2666

Fax:

966 13 882 2470

Key Executives for A. H. Algosaibi & Bros. Co.

Acting Chief Executive Officer and Chief Restructuring Officer
President and Director
Chairman and Managing Director
Chief Financial Officer
Deputy Chief Financial Officer
Compensation as of Fiscal Year 2015.

A. H. Algosaibi & Bros. Co. Key Developments

AHAB Agrees to Settlement with Glenn Stewart in California

Ahmad Hamad Algosaibi & Brothers Company announced that it has settled litigation with Glenn Stewart, a resident of Newport Beach, California, whom AHAB had sued in 2011 in parallel with its claims against Maan Al Sanea and his group of companies known as the Saad Group. Pursuant to the settlement (in which neither party will pay any money), Stewart will meet with AHAB to provide information concerning the events and transactions that have left the Saudi partnership with approximately $9 billion in ostensible debt. According to Eric Lewis, AHAB's global legal coordinator, the settlement made sense for AHAB, led by new executive management, as it attempts to reorganize its debts and re-focus its litigation efforts.

Similar Private Companies By Industry

Company Name Region
A. H. Algosaibi & Bros. Co. Middle East/Africa
Saudi Arabian Marketing and Agencies Company Ltd. Middle East/Africa
Al-Rajhi Saudi Group Middle East/Africa
REZA Investment Company Ltd. Middle East/Africa
Saad Trading, Contracting and Financial Services Co. Middle East/Africa

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
Lawyers Committee for Civil Rights Under Law United States
NYC2012, Inc. United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact A. H. Algosaibi & Bros. Co., please visit www.ahalgosaibi.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.