1975

Algihaz is founded by Saeed Ali Al-Angari as a small contracting firm.

Algihaz opens the first office in Al Baha City.

1985

SELCO is established as a manufacturer for switchgear and control gear.

1987

Algihaz opens its Headquarter Building in Al Oruba Street in Riyadh.

1997

Algihaz’s first mega project, Tabuk Substation, commences in July 1997 and is completed in September 1999. The project value is SAR 75,000,000.

2006

SEP is established as a manufacturer for electric panels.

2007

Algihaz opens first office outside Saudi Arabia in Cairo.

2008

Algihaz partners with Modelcraft (now Craft), an Australian  company specializing in architectural model making.

2011

Belectric Gulf, specializing in the construction of solar power plants, is established with an office in Masdar City, Abu Dhabi.

2013

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.

2014

Algihaz is awarded the construction of the largest substation in Saudi Arabia and the MENA region, Tabuk 380KV. The project value SAR 706 million.

2015

380 KV Mashair substation in Makkah is completed as the safest substation constructed with 2 million zero accident hours.

2016

King Faisal Hospital substation, the fastest substation construction in Saudi Arabia, is completed within 14 months.

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

Artificial Intelligence Global Company, a company specializing in next generation digital solutions, is formed. The office opens in Al Khobar with 15 employees.

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.

 

Today

With 6+ billion SAR projects under investment, Algihaz Holding is a strategic investment group with 12 offices in Saudi Arabia and internationally, employing more than 2,800 people from all over the world.

IMPORTANT DISCLAIMER

  ACCESS TO THIS AREA OF THE WEBSITE MAY BE RESTRICTED UNDER SECURITIES LAWS OR REGULATIONS IN CERTAIN JURISDICTIONS. THIS NOTICE REQUIRES YOU TO CONFIRM CERTAIN MATTERS (INCLUDING THAT YOU ARE NOT RESIDENT IN SUCH A JURISDICTION), BEFORE YOU MAY OBTAIN ACCESS TO THE INFORMATION ON THIS AREA OF THE WEBSITE. THESE MATERIALS ARE NOT DIRECTED AT OR TO BE ACCESSED BY PERSONS RESIDENT IN ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF THAT JURISDICTION OR WOULD RESULT IN A REQUIREMENT OF AL GIHAZ HOLDING COMPANY ("AL GIHAZ") TO COMPLY WITH ANY CONSENT OR OTHER FORMALITY WHICH AL GIHAZ REGARDS AS UNDULY ONEROUS.
You are attempting to enter the area of the website that is designated for the publication of announcements, documents and information in connection with the possible offer by Al Gihaz and Sami Al Angari for Lamprell plc ("Lamprell") (the "Possible Offer"). This area of the website contains electronic versions of materials relating to the Possible Offer. The materials you are seeking to access are made available by Al Gihaz and Sami Al Angari in good faith and for information purposes only and are subject to the terms and conditions set out below.  Nothing on this area of the website, nor anything which can be downloaded from it, constitutes an offer for sale or subscription or any solicitation for any offer to purchase or subscribe for any securities (or solicitation of any votes attaching to securities which are the subject of the Possible Offer) in any jurisdiction in which such offer or solicitation is unlawful.

Access to the website

If you would like to view this area of the website, please read this notice carefully. This notice applies to all persons who view this area of the website and, depending on where you are located, may affect your rights or responsibilities. Al Gihaz reserves the right to amend or update this notice at any time and you should, therefore, read it in full each time you visit this area of the website. In addition, the contents of this area of the website may be amended at any time, in whole or in part, at the sole discretion of Al Gihaz. To allow you to view information on this area of the website, you must read this notice in its entirety and then, if you can agree to all matters and make all confirmations set out herein, click “AGREE”. If you are unable to agree to all matters and make all confirmations, you should click “DISAGREE” and you will not be able to view the information. The information on this website does not constitute an offer in relation to Lamprell, or any potential offer by Al Gihaz and Sami Al Angari for Lamprell.

Overseas jurisdictions

Viewing the materials you are seeking to access may be restricted under securities laws in certain jurisdictions. All persons resident or located outside of the United Kingdom who wish to view this area of the website must first satisfy themselves that they are not subject to any local requirements which prohibit or restrict them from doing so and should inform themselves of, and observe, any applicable legal or regulatory requirements applicable in their jurisdiction. If you are resident or located in a country that renders the accessing of this area of the website or parts thereof illegal, whether or not subject to making certain notifications or taking other action, you should not view this area of the website. These materials are not directed at or accessible by persons resident in any jurisdiction if to do so would constitute a violation of the relevant laws or regulations of that jurisdiction. It is your responsibility to satisfy yourself as to the full observance of any relevant laws and regulatory requirements. If you are in any doubt, you should not continue to seek to access this area of the website. YOU SHOULD NOT DOWNLOAD, MAIL, FORWARD, DISTRIBUTE, SEND OR SHARE THE INFORMATION OR DOCUMENTS CONTAINED IN THIS AREA OF THE WEBSITE TO ANY PERSON. IN PARTICULAR, YOU SHOULD NOT MAIL, FORWARD, DISTRIBUTE OR SEND THE INFORMATION OR DOCUMENTS CONTAINED THEREIN TO ANY JURISDICTION WHERE IT WOULD BE UNLAWFUL TO DO SO. This area of the website contains information that has been prepared for the purposes of complying with English law and the UK City Code on Takeovers and Mergers and the information disclosed may not be the same as that which would have been disclosed if this information had been prepared in accordance with the laws and regulations of any jurisdiction outside England.

Cautionary Note Regarding Forward-Looking Statements

This area of the website may contain certain “forward looking statements” regarding the financial position, business strategy or plans for future operations of Al Gihaz or Lamprell and their respective group of companies. All statements other than statements of historical fact included in any document may be forward looking statements. Forward looking statements also often use words such as “believe”, “expect”, “estimate”, “intend”, “anticipate” and words of a similar meaning. By their nature, forward looking statements involve risk and uncertainty that could cause actual results to differ materially from those suggested by them. Much of the risk and uncertainty relates to factors that are beyond Al Gihaz or the companies’ abilities to control or estimate precisely, such as future market conditions and the behaviours of other market participants, and therefore undue reliance should not be placed on such statements which speak only as at the date of the relevant document. Al Gihaz assumes no obligation to, and does not intend to, revise or update any forward looking statements, except as required pursuant to applicable law or regulation. Unless expressly stated otherwise, no statement in this area of the website is intended to constitute a profit forecast for any period and no statement should be interpreted to mean that earnings or earnings per share will necessarily be greater or lesser than those for the relevant preceding financial periods.

Responsibility

In relation to any Possible Offer related materials accessible in this area of the website, the only responsibility accepted by the directors of Al Gihaz and Sami Al Angari is for the correctness and fairness of its reproduction or presentation unless a responsibility statement in any relevant document expressly provides otherwise. Neither the directors of Al Gihaz, nor any of its affiliated companies, or Sami Al Angari have reviewed, and no such person is or shall be responsible for or accepts any liability in respect of, any information contained on any other website which may be linked to or from this area of the website. If you are in any doubt about the contents of this area of the website or the action you should take, you should seek your own financial advice from an independent financial adviser authorised under the Financial Services and Markets Act 2000 or, if you are located outside the United Kingdom, from an appropriately authorised independent financial adviser.

Confirmation of understanding and acceptance

I have read and understood the notice set out above and I agree to be bound by its terms. I certify that I am not (nor do I act on behalf of someone who is) resident in any country that renders the accessing of this area of the website or parts thereof illegal. I agree that I will not forward, transfer or distribute (by any means including by electronic transmission) any documents included in this area of the website either in whole or in part to any person in any jurisdiction where such distribution may be restricted by applicable law or regulation. I represent and warrant to Al Gihaz and Sami Al Angari that I intend to access this area of the website for information purposes only.If you are not able to give these confirmations, you should click on DISAGREE below.