What Does Zahid Group Do?

Total employees359
HeadquartersJeddah
Founded1943

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.

Where Is Zahid Group's Headquarters?

Zahid Group officeZahid Group officeZahid Group officeZahid Group office
*Images sourced via web search. Rights belong to original owners

HQ Function

Serves as the central hub for strategic decision-making, corporate governance, financial management, and administrative oversight for the Group's diverse business units.

Notable Features:

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.

Work Culture:

A professional, results-oriented, and collaborative environment that emphasizes employee development, integrity, and innovation, fostering a culture aligned with Saudi Arabia's Vision 2030.

HQ Significance:

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.

Values Reflected in HQ: The headquarters' design, functionality, and operations aim to reflect Zahid Group's core values of integrity, excellence, partnership, customer focus, and commitment to sustainable development.

Location:

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.

Street Address:

Zahid Business Park, Jeddah, Kingdom of Saudi Arabia. (P.O. Box 1588, Jeddah 21441)

City:

Jeddah

State/Province:

Makkah Province

Country:

Saudi Arabia

Where Else Does Zahid Group Operate Around the World?

Riyadh, 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.

Dammam, Saudi Arabia

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.

Various Cities, Saudi Arabia

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).

Buying Intent Signals for Zahid Group

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading Zahid Group? Meet the Executive Team

As of April 2025, Zahid Group' leadership includes:

Sheikh Fahad Y. Zahid - Chairman of the Board
Wafaa K. Zawawi - Vice Chairman of the Board
Talal Y. Zahid - Group President - Commercial Vehicles
Waleed Y. Zahid - Group President - Energy
Yousuf T. Zahid - Group President - Construction Machinery
Zayd T. Zahid - Group President - Shared Services & Group Affairs
Majid T. Zahid - Group President - Mining & Mineral Processing
Omar M. Alfayez - Group President - Altaaqa Alternative Solutions
Fahad M. El-Richani - Group Chief Financial Officer
Barig Siraj - Group Chief Investment Officer
Amr Khashoggi - Group VP - Corporate Affairs

Who's Investing in Zahid Group?

Zahid Group has been backed by several prominent investors over the years, including:

Privately Held Family-Owned Conglomerate

What Leadership Changes Has Zahid Group Seen Recently?

Hire1
Exits0

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.

New Appointments:

Fahad M. El-Richani, Fahad M. El-Richani joined Zahid Group as Group Chief Financial Officer, tasked with overseeing the group's financial strategy, management, and reporting functions.

What Technology (Tech Stack) Is Used byZahid Group?

Discover the tools Zahid Group uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Zahid Group Email Formats and Examples

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

What's the Latest News About Zahid Group?

Arab News • February 21, 2024

Zahid Group and Sumitomo Corporation partner to bolster Saudi manufacturing sector

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

Volvo Trucks and Zahid Tractor Launch New Heavy-Duty Electric Truck Range in Saudi Arabia

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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