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President
Khalid AlBoayz

About Us

KFB Holding Group was founded by Mr. Khalid AlBoayz, a first generation entrepreneur, in 1981. He has brought with him a considerable sense of ethics and responsibility to his employees, partners, and customers. Mr. AlBoayz is firmly committed to bringing the latest products and technologies to Saudi Arabia, while ensuring that they are suited and suitably re-engineered for local conditions.

As President of KFB Holding Group, Mr. AlBoayz has implemented and upheld the best business practices, making it one of the trusted companies in the GCC region.

Our Philosophy,

Our Focus,

Our Business

In today’s world, managing a business on the fast track involves a complex intermixing of management strategies,  sound corporate  planning and professional and motivated managers.

This is a time of change for Saudi Arabia. Armed with our core competence in marketing, technology, and management of customer relationships, we work towards excellence in every field. Our well-diversified product range is our major strength.

Considering the opportunities emerging in the Gulf region in general, and the Kingdom of Saudi Arabia in particular, our future philosophy for fast track growth will depend heavily on joint ventures with partners of high standing and business ethics.

We offer world-class products sourced from quality suppliers from all over the world. We have implemented ISO 9000 across our Group.

While optimizing financial results for the organization we ensure that the citizens of Saudi Arabia, our valued customers, will get the best value for their money.

Every successful business hinges on the human resources of the organization. Unless employees are cut out for their jobs and aptly honed in technical and management skills, the cutting edge will become blunt in no time. The process of inducting locally available skills at various levels is also very much a part of our management philosophy.

For us success is not a destination. It is a journey.

Khalid AlBoayz
President, KFB Holding Group

 

Our Mission

KFB Holding Group harnesses the power of technology and people to make the world a better place. We acquire the latest technology from around the world and re-engineer it for specific local needs. Our focus in business is in line with the development in the region, its infrastructure, people and economy.

 
Core Strengths

 

  • Manufacturing, Services, Trading, Contracting
  • Diversified products range
  • Join ventures with partners with high standards and ethics
  • World-class products re-engineered for Saudi Arabia
  • ISO 9000 across the group
  • Best value for money for our customers
  • Induct locally available skills
  • Manufacturing, Services, Trading, Contracting
  • Diversified products range

 

1981

Mr. AlBoayz established a consumer electronics division for white goods under the name Khalid AlBoayz Group for Contracting. He also sets up  Radya International. Together, the companies are involved in diverse activities that include:

  • Household appliances and consumer electronics
  • Trading in air-conditioners and spare parts
  • Electro-mechanical contracting (specializing in air-conditioning)

Building material and hardware.

1995

Mr. AlBoayz enters into a transfer of technology agreement with M/s.Iskraemeco, Slovenia to manufacture kilowatt hour meters (kWh meters) in Saudi Arabia under the newly formed Middle East Electric Meter Factory (MEMF).

1997

The MEMF Electrical Industries Co. (MEMF) starts production

2003

Power Telecom & Technologies (PTT) is founded by partnering with leading telecom and power equipment manufacturers from across the world. This is a trading company that will address Saudia Arabia’s booming power sector.

2004

META Switchgear Co. (formerly MEMF-ETA Switchgear Manufacturing Co.) is established for testing and commissioning of high, medium and low voltage switchgear, transformers, control and relay panels, DC systems, etc.  Initially the assembling is done in MEMF’s premises.

2006

EXAP Projects (formerly Saudi-DOL Electric Company) is started to provide optimized maintenance solutions for rotating machines.

2006

MEMF-COTMAC Automation Systems Co. (MEMF-COTMAC) is established to provide cost-effective automation solutions.

2008

Saudi Federal Transformers LLC (SFTL) is established for the manufacture of distribution transformers and factory is operationalized.

2008

META Switchgear Co. (formerly MEMF-ETA Switchgear Manufacturing Co.) moves into its own factory.

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KFB Holding Group Head Office
Exit 14, Al-Rayan Area, Eastern Ring Road, P.O Box 61891, Riyadh 11575, Kingdom of Saudi Arabia
santhosh.kumar @kfbgroup.com.sa
T. +966 -11- 496 6667
F. +966 -11- 491 7919
Jeddah Branch
P.O Box 110170, Jeddah 21361, Kingdom of Saudi Arabia
santhosh.kumar @kfbgroup.com.sa
T. +966 -12- 682 7860
F. +966 -12- 662 3480
Dammam Branch
P.O Box 31441, Dammam, Kingdom of Saudi Arabia
santhosh.kumar @kfbgroup.com.sa
T. +966 -13- 812 8691
F. +966 -13- 812 8693
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