THE MIDDLE EAST’S

92. Khalifa A. Algosaibi Investment (KAI)

Chairman: Ayad Saad Algosaibi
Established: 1950
Country: Saudi Arabia

KAI operates across industrials, services, real estate, and trading. Its portfolio includes Algosaibi Services Company, a provider of industrial catering and facilities management solutions; Specialized Industrial Casting Company (SICAST), a steel casting foundry producing critical components for the energy, railway, water, mining, and defense sectors; CMCI, a manufacturer of construction chemicals; Arabian Vermiculite Industries (AVI), a producer of insulation and lightweight materials; Saudi Road Marking Company (ROMAC); KAT; and KAC, which manages the group’s real estate assets. In 2025, KAI and KAST GmbH & Co. of Germany established a joint venture, KAST W.L.L. in Bahrain, to become a regional hub for advanced reinforcing technical textiles.