A Legacy with Impact & Continuous Growth
The Early Years: 1940s -1950s
The late Mr. Khalid Zaid Al Khalid, a prominent figure in Kuwait, played a key role in establishing government and commercial institutions that stimulated the country’s economic growth and propelled it into a development phase that lasted for decades.
The Founding Years: 1960s
In the early years in the 60s, Mr. Khalid Zaid Al Khalid handed over the management of the family business to his eldest son, Mr. Mishary Khalid Al Khalid. Equipped with his local market insights and building on his father’s accomplishments, Mr. Mishary founded the AlKhalid Group business entity and initiated commercial activities. His first two endeavors were the establishment of a small workshop that sold aluminum joinery to meet the emerging demand for local housing construction and the creation of an engineering & contracting company to engage in construction projects.
In 1963, the aluminum workshop was transformed into a full-fledge factory, AlKhalid Aluminum, supplying the latest in aluminum products with related services.
The Growth Years: 1970s – 2000s
Combining his strategic long-term vision with a deep understanding of the local market, Mr. Mishary embarked on a growth plan to establish businesses that addressed the main booming economic sectors in Kuwait.
Hazem Elevators was established to import, sell, install and maintain high-quality elevators. With over 3000 installations and maintenance contracts, Hazem Elevators is poised to grow further and diversify its offerings.
In 1978, Mr. Mishary Al Khalid recognized the need for high quality brands in the furniture business after the boom in housing construction. He founded the American Home which is still operating under NEST, the group’s high-end retail home furnishing business unit in Kuwait.
Gulf Drilling & Maintenance Company was established to service the Oil industry in Kuwait. Since then, the company has expanded its business operations and is now considered one of the main fully-integrated oilfield service operator operating in Kuwait and Saudi Arabia, with plans to expand to North Africa and the rest of the Middle East.
An expansion in the automotive sector was initiated through major partnerships with Rover and TVR, introduced unparalleled luxury & sports experiences to the Kuwait market.
In response to the increased demand for high quality plastic-based packaging products in the retail business, AlKHALID PLASTIC INDUSTRIES was established. The company deployed advanced production lines with high production capacity and continues to expand its product lines while addressing the need for local and export markets.
To cater to the expanding demand for medium-priced, good quality home furniture, AlKhalid Retail Home Furniture Division expanded its operations by establishing the HABITAT SHOWROOM. Habitat caters for the mid-size furniture market in Kuwait.
ALKHALID TYRES AND SPARE PARTS CO. was founded with the aim of expanding the retail side of the business, with also providing wholesale capabilities through the distribution of well-known tire brands. The company offers retail services through tire shops located throughout Kuwait.
AlKhalid Group acquired the agency for the Italian company Sun Chemicals, which specializes in supplying specialty inks for the plastic, printing and construction industries in Kuwait. The agency is constantly expanding its line of products to color materials.
The Expansion Years: 2000s – 2017s
ALKHALID DEWATERING & SHORING COMPANY was founded with the aim of expanding the Group’s presence in the construction sector in Kuwait. The company specializes in providing excavation, dewatering, piling and shoring services that are essential for major construction and infrastructure projects.
A significant partnership with Austin Martin was signed in year 2000, introducing yet another luxury brand to Kuwait’s automotive sector. This partnership contributed to the development of the Kuwaiti’s taste of elegance and performance in the automotive landscape.
ALKHALID AUTO is the latest member of the Group, established to expand its business line into the automotive sector in Kuwait and in the United Arab Emirates. AlKhalid Auto is committed to providing a wide variety of the latest vehicles with high quality and excellent performance through its strong affiliation with international partnerships such as Maxus & Soueast. The company has two primary showrooms and a full-fledge customer service support.