Arabian Vermiculite Industries (AVI) was established in 1985 by Khalifa Al Gosaibi Holding to manufacture and service the growing demand for quality fireproofing, in the growing construction sector. AVI has established an exclusive manufacturing licensing agreement with W. R. Grace and Company; U.S.A. Over the years AVI was able to build and establish its position as a leading comprehensive Fireproofing manufacturer.
The Group headquarters is located in the First Industrial City Dammam, Saudi Arabia. Khalifa A. Al Gosaibi Holding Company consists of seventeen (17) operational subsidiaries, employing over 5,000 personnel and with an annual turnover exceeding a Billion Saudi Riyal.
The Group has a strong background in project planning, development and on-time completion forged from work throughout the Middle East and North Africa (MENA) region, Asia and Europe.
The Group has investment holdings that operate worldwide. The Board of Directors have pursued a plan for the Group which is “Strength Through Diversity” and continues to look for new ideas, technologies, products, services, joint cooperative efforts and investments that will carry the Group forward.