1975
Algihaz is founded by Saeed Ali Al-Angari as a small contracting firm.
Algihaz opens the first office in Al Baha City.
1985
1987
1997
2006
2007
2008
2011
2013
2014
2015
2016
2017
Algihaz Holding Investment Company is formed.
Algihaz signs an EPC contract with Teqnia Energy to build Layla, 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
2018
Algihaz Holding is named best contractor in the Southern region for health & safety by Saudi Electrical Company
2019
Phase 1 of Layla, 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.
2020
2021
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.