Saud Abdul Aziz Al Gosaibi
Saud Abdul Aziz Al Gosaibi (1963-) (Arabic سعود عبد العزيز القصيبي) is the Managing Director of Ahmad Hamad Al Gosaibi & Brothers. He graduated from St. Edwards University in Texas. The only son of Abdul Aziz Hamad Al Gosaibi , Saud inherited his father's stake in the family owned conglomerate. His older sister, Sanaa bint Abdul Aziz Al Gosaibi, is married to Maan Abdul Wahed Al Sanea, with whom she owns Saudi Arabia's diversified Saad Group of Companies[1].
Ahmad Hamad Al Gosaibi & Brothers (A.H. Al Gosaibi & Bros) was founded by Saud Abdul Aziz Al Gosaibi's grandfather, Hamad, whose 3 sons, Ahmad, Abdul Aziz and Suleiman organized it into its present corporate identity. Suleiman is the lone surviving brother and chairman of the Alkhobar, Saudi Arabia based A.H. Al Gosaibi & Bros group. In addition to Saud, his cousins (and founder Hamad's other grandsons), Yousef Ahmad Al Gosaibi(Group President), Khalid Ahmad Al Gosaibi, Abdul Mohsin Ahmad Al Gosaibi and Dawood Suleiman Al Gosaibi sit on the holding companies' corporate board along with long time Palestinean associate, Mohammed Hindi.
Ahmad Hamad Al Gosaibi & Brothers Group investments include the ownership of the National Bottling Company(KSA),which bottles Pepsico beverages in Saudi Arabia's Eastern Province, the luxury Al Gosaibi Hotel, the A.H. Al Gosaibi & Bros Money Exchange (which holds the Saudi rights for distribution of the American Express Gold card and Amex traveller checks), The International Banking Corporation (TIBC -Bahrain), and multiple, banking/financial, shipping and manufacturing ventures. The Al Gosaibi Group are industrial partners with Continental Can, Crown Cork Holdings, SABIC, Olayan Holdings, Al Moajil, and British Petroleum in manufacturing operations throughout the Middle East. Their trading activities represent companies as diverse as Sumitomo of Japan, Jeumont of France, Mirrlees Blackstone of the United Kingdom, and the US based ShawCor. Active in Saudi Arabia's publicly traded corporate market, they are major shareholders in Saudi American Bank, the Arab National Bank, the Saudi British Bank, Eastern Cement, Saudi Cement, Arabian Industrial Development (NAMA), Savola, SCECO(East), Saudi Hotels, Saudi Chevron Phillips, the Tihama Media Group and United Sugar to name a few. Their extensive real estate holdings rival those of the Saudi royals, and they rank, along with some of the Kingdom's other well known families such as Juffali[2], Alireza [3], Bin Laden [4], Al Rajhi [5], BaKhashab [6], Sharbataly [7], BinZagr[8], Zamil [9], Bin Mahfouz [10], Olayan [11], Suleiman [12], Kamel [13]and the Riyadh based distantly related Algosaibi family [14], at the highest and wealthiest tier of Saudi Arabia's influential merchant class. The A.H. Al Gosaibi family are also known to have provided seed capital and project funding to other companies who have developed their separate, and substantial, corporate identities. They have also earned a well-developed philanthropic reputation playing key roles in funding both Saudi & international Islamic based welfare organizations.
See also