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Zahid Group is a prominent, privately-held Saudi Arabian conglomerate with a rich history spanning over seven decades. Headquartered in Jeddah, the Group has played a pivotal role in the Kingdom's infrastructure development and economic diversification. Its diverse portfolio encompasses key sectors including Energy & Utilities (through companies like Altaaqa), Heavy Machinery & Commercial Vehicles (representing brands like Caterpillar and Volvo), Construction, Mining, Oil & Gas, Financial Services, Hospitality, Industrial Solutions, Logistics, Real Estate, and Travel & Tourism. Zahid Group is committed to excellence, customer satisfaction, and sustainable growth, partnering with leading international brands to deliver innovative solutions across Saudi Arabia and beyond.
Serves as the central hub for strategic decision-making, corporate governance, financial management, and administrative oversight for the Group's diverse business units.
Modern, purpose-built facility reflecting the Group's heritage and forward-looking vision, likely incorporating advanced technology and sustainable design elements to support its large-scale operations.
A professional, results-oriented, and collaborative environment that emphasizes employee development, integrity, and innovation, fostering a culture aligned with Saudi Arabia's Vision 2030.
Strategically located in Jeddah, a major commercial and logistical gateway in Saudi Arabia, facilitating close engagement with national and international partners, and overseeing operations across the Kingdom and potentially the wider region.
While Zahid Group's core operations are centered in Saudi Arabia, it maintains a significant international dimension through strategic partnerships with globally renowned brands like Caterpillar, Volvo, and others. The Group actively sources technology, equipment, and expertise from international markets to deliver cutting-edge solutions within the Kingdom. Some of its subsidiaries, particularly in sectors like energy solutions or specialized contracting, may undertake projects or collaborations in the wider MENA region. Its investment arm also explores opportunities globally, aligning with the Group's long-term growth strategy.
Zahid Business Park, Jeddah, Kingdom of Saudi Arabia. (P.O. Box 1588, Jeddah 21441)
Jeddah
Makkah Province
Saudi Arabia
Address: Various operational sites and offices supporting Zahid Group's subsidiaries across Riyadh.
Serving the governmental and commercial capital of Saudi Arabia, supporting major infrastructure projects, national initiatives, and business development in the central province.
Address: Multiple facilities and offices supporting industrial, logistics, and energy sector operations in the Eastern Province.
Facilitating business in the heart of Saudi Arabia's oil and industrial region, supporting energy projects, manufacturing, and heavy industries, and serving as a logistical nexus.
Address: Numerous operational sites, showrooms, workshops, and branch offices across the Kingdom.
To provide comprehensive local support and service delivery to customers in all regions of Saudi Arabia, tailored to the specific needs of each business unit (e.g., Zahid Tractor branches for Caterpillar machinery, Altaaqa power rental depots).
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As of April 2025, Zahid Group' leadership includes:
Zahid Group has been backed by several prominent investors over the years, including:
Zahid Group has maintained stability in its senior leadership while also making strategic appointments to bolster key group functions. Notably, a new Group CFO was appointed to steer financial strategy.
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Zahid Group utilizes a standardized email format for its employees, typically incorporating the employee's name with the company domain '@zahid.com'. The most common pattern observed is the first initial followed by the last name.
[first_initial][last]@zahid.com
Format
msheikh@zahid.com
Example
90%
Success rate
Arab News • February 21, 2024
Zahid Group and Sumitomo Corporation have signed a Memorandum of Understanding (MoU) to explore joint opportunities in developing Saudi Arabia's manufacturing capabilities. The partnership aims to focus on localizing production for various industrial components and supporting the Kingdom's Vision 2030 objectives for industrial diversification....more
Zawya • January 29, 2024
Zahid Tractor, a Zahid Group company and the authorized dealer for Volvo Trucks in Saudi Arabia, has officially launched Volvo's new range of heavy-duty electric trucks. This initiative marks a significant step towards promoting sustainable transportation solutions within the Kingdom, aligning with global environmental goals....more
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