About
Growth and sustainability.
Algihaz is an investment holding company based in Saudi Arabia with a demonstrated track record of success in infrastructure, renewable energy, healthcare, experiential services, advanced technology and real estate. We combine global partnerships, that bring best-in-class expertise in our target sectors, with long-term and trusted relationships, robust local capability, and market expertise.
Founded by Saeed Ali Al-Angari in 1975, Algihaz has grown from a construction contracting company to a multi-billion riyal strategic investment group. Our passion, dedication, and strong partnerships have allowed us to develop expertise and drive innovation across a range of sectors that will positively impact our communities for generations to come.

Our roots are deep. Our reach is global.
We’re proud of our achievements and we are focused on continued growth and evolution, as a company, and in the services we provide for our customers.
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
- Algihaz is founded by Saeed Ali Al-Angari as a small contracting firm.
- Algihaz opens the first office in Albaha City Al Baha City.
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
SELCO is established as a manufacturer for switchgear and control gear
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
Algihaz opens its Headquarter Building in al Oruba Street in Riyadh
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
Algihaz’s first first mega project, Tabuk Substation, commences in July 1997 and is completed in September 1999. The project value is SAR 75,000,000
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
SEP is established as a manufacturer for electric panels
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
Algihaz opens first office outside Saudi Arabia in Cairo
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
Algihaz partners with Modelcraft (now Craft), an Australian company specializing in architectural model making
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
Belectric Gulf, specializing in the construction of solar power plants, is established with an office in Masdar City, Abu Dhabi
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
For Aramco, Algihaz commences power transmission upgrades for their South Sea Oil production from single circuit to double circuit in 36 locations within the Ghawar region. The project is completed in December 2018 with a value of SAR 532,000,000
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
Algihaz completes construction of the largest substation in Saudi Arabia and the MENA region, Tabuk 380KV. The project as a value of SAR 705,832,720
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
380 KV Mashair substation in Makkah is completed as the safest substation constructed with 2 million zero accident hours
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
King Faisal Hospital substation, the fastest substation construction in Saudi Arabia, is completed within 14 months
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
- Algihaz Holding Investment Company is formed
- Algihaz signs an EPC contract with Teqnia Energy to build Layla 10, the first utility-scale PV plant in Saudi Arabia
- The first female manager is employed at Algihaz Holding. Females now make up 6% of the workforce
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
Algihaz Holding is named best contractor in the Southern region for health & safety by Saudi Electrical Company
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
- Phase 1 of Layla 10, extending across 720,000 sqm and with a production capacity of 10MW, is completed
- Algihaz Holding opens office in Bahrain
- Algihaz Holding invests in Winch Energy alongside Total EREN, Winch Energy Partners and Itochu.
- Algihaz records a total of SAR 4 billion in project backlog
- Algihaz Holding invests in Syvash Wind Farm in Ukraine with Total EREN and NBT.
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
Artificial Intelligence Global Company, a company specializing in next generation digital solutions, is formed. The office opens in Al Khobar with 15 employees.
Our roots are deep. Our reach is global.
We’re proud of what our achievements have delivered for our stakeholders and we remain focused on sustainable growth and evolution, as a company, and in the services we provide for our customers. See how Algihaz has evolved over time.
- Algihaz Holding opens Dubai office.
- Algihaz holds a 30% share in the first PV project in Saudi Arabia. The Sakaka Project is an investment alongside ACWA Power
- Algihaz acquires Enshore Subsea, a UK subsea trenching company, specializing in seabed intervention services for mega-projects around the world.
- Nexus Gulf Healthcare, the first healthcare investment for Algihaz Holding is created.
- Algihaz Holding opens a new Headquarters building in the Al Diriyah district of Riyadh.
- Today Algihaz Holding is a multi-million-dollar strategic investment group with 12 offices around the Kingdom and the GCC, employing more than 2,800 employees from all over the world.
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FOUNDER
When I founded Algihaz in 1975, we seized many opportunities in power and construction because of a growing Saudi Arabia. Today, new business areas have been identified and introduced, particularly in automation, renewable energy, information, and communication technologies. So once again, Algihaz has an advantageous position during another stage of growth for the Kingdom. We are riding the wave of development and technology with strength while preserving our cultural heritage and values.
Saeed Al Angari, Founder and Chairman
CEO
Rooted in our past, bolstered by our reputation and strengthened by our experience, Algihaz continues to invest in lasting and successful partnerships across multiple growth sectors in order to bring a better future to our people, our country and our customers.
Eng. Sami Al Angari, CEO and Vice Chairman
A global investment company that is admired as a place to work and to do business with, whilst relentlessly supporting our community.
Across a range of business sectors, we build trusted partnerships that leverage our mutual strengths to underpin economies and communities in the Kingdom and internationally.
- Integrity – We consistently sustain the highest standards of commitment to ethics through all of our actions by embracing self-discipline, honesty, fairness, and security.
- Teamwork – We work together across boundaries to deliver unsurpassed quality and value.
- Respect – We value the diversity and dignity of each individual, encouraging their development and rewarding their performance.
- Transparency – We conduct our actions with complete accountability, communicate objectively and are open to all business practices.
- Solutions-oriented – We are inspired by problems and define them as opportunities to learn and grow as we strive for excellence and dynamism.
A commitment to delivering Saudi Vision 2030
An ambitious vision for an ambitious nation.
Algihaz Holding is proud to deliver on key strategic pillars of Vision 2030, including creating a thriving economy and a vibrant society. We are a national leader committed to:
- Health sector that delivers the healthcare needs of our community
- A renewable energy market that flourishes
- Privatization and Public-Private Partnerships
- Investing with an eye for the future
- Developing digital infrastructure
- Supporting a more impactful non-profit sector
- Environmental stewardship; a respect for nature and biodiversity
- Providing equal opportunities
Committed to improving ourselves and to giving back.
An ambitious vision for an ambitious nation
Algihaz Holding remains committed to being a key enabler of Saudi Vision 2030, a bold and ambitious drive to reduce Saudi Arabia’s dependence on hydrocarbon exports, and build a broad-based economy for a sustainable future.
Algihaz holding is dedicated to empowering and developing Saudi Nationals by leveraging its core strengths in infrastructure, renewable energy, healthcare, real estate and experiential sectors.
Our strategic investments and development of our people continues to play a central role is transforming Saudi Vision into reality.
At Algihaz Holding we are proud to manage our operations responsibly and, in a similar vein, we seek responsible investment. As such, we have developed and are in the process of implementing a robust and systemic approach to ESG at the corporate level. This includes a framework for our investment activities to ensure that we continue to achieve sustainable growth while conserving resources for our planet and making a positive impact for all those in our communities. Our ESG values are developed as follows:
The identification, assessment and responsible management of ESG risks and opportunities is essential to the sustainable long-term development of our assets and the communities in which they operate.
ESG considerations are embedded within our investment decision-making approach and the asset management governance that inform the way in which our portfolio companies assess and improve their performance.
We partner with our portfolio investments to share best practice and drive positive change. We seek to improve working conditions, minimize environmental impact and preserve the cultural heritage of the communities in which we invest.
Contribution to our community is an important part of our culture. We continually strive to fulfill our commitments through the collaborative efforts of the Algihaz board, our employees, along with our customers. Together we work to improve the quality of life in our communities through educational, social, cultural, environmental and economical outreach and development.
Research Olive Chair contribution
Signing ceremony of Sheikh Saeed Bin Ali Al-Angari “Research Olive chair” construction This project provided a comprehensive report on vegetation mapping that was a base for the next phase of the inventory and mapping of wild olive trees in the region of Al-Baha, Saudi Arabia. This research formed an important part of understanding how to preserve and foster wild olive trees in their native environment.
An ambitious vision for an ambitious nation
An ambitious vision for an ambitious nation. Algihaz Holding is proud to deliver on key strategic pillars of Vision 2030, including creating a thriving economy and a vibrant society. We are a national leader committed to:
- Health sector transformation
- A renewable energy market
- Privatization and Public-Private Partnerships
- Investing for the long-term
- Developed digital infrastructure
- Supporting a more impactful non-profit sector
- Environmental sustainability
- Providing equal opportunities
At Algihaz Holding we are proud to manage our operations responsibly and, in a similar vein, we seek responsible investment. As such, we have developed and are in the process of implementing a robust and systemic approach to ESG at the corporate level. This includes a framework for our investment activities to ensure that we continue to achieve sustainable growth while conserving resources for our planet and making a positive impact for all those in our communities. Our ESG values are developed as follows:
- The identification, assessment and responsible management of ESG risks and opportunities is essential to the sustainable long-term development of our assets and the communities in which they operate.
- ESG considerations are embedded within our investment decision-making approach and the asset management governance that inform the way in which our portfolio companies assess and improve their performance.
- We partner with our portfolio investments to share best practice and drive positive change. We seek to improve working conditions, minimize environmental impact and preserve the cultural heritage of the communities in which we invest.
Committed to sustainability
Algihaz strives to create a culture and business practices centered around transparency and collaboration. These values, combined with a robust financial foundation, power our growth and support the local community and our company’s environment impact.
Find out about our corporate priorities and the ways we are supporting the wellbeing of all our team members and partners through progressive governance and a commitment to social responsibility.
It’s about more than just us, we are equally committed to being a leader in the realization of Saudi Arabia’s Vision 2030 and the transformation of our nation’s economy and society.