Our Journey

Milestones

Every step we take on this journey leads us closer to our vision

1958

  • AZAQ was founded

1968

  • AQT was established

1971

  • AQM; Shula (UAE); AQF; ASTC; AQT (Kuwait) were established

1974

  • Saudi Chainlink was founded

1976

  • WESCOSA and AQESA were established

1979

  • STC begins operations

1989

  • NASCO founded

1991

  • Microsoft Arabia joint venture was formed

1999

  • UMC established

2005

  • WESCOSA and STC merged into EIC

2007

  • Kalaam Telecom acquired

2008

  • AZAQ was restructured to create an investment focus
  • AZAQ share of Microsoft Arabia divested
  • TME established

2009

  • PipeTech was founded

2011

  • GNS acquired

2013

  • IBC was established
  • Assayel Arabia (formerly AQRE Partners Co was restructured)

2014

  • EIC IPO
  • AZAQ Commercial Group moves under DMC

2016

  • IBC divested

2017

  • AZAQ becomes a Closed Joint Stock Company

2018

  • ADMC Launches Haval and Wingle brands
  • Kalaam Telecom acquired Tawasul Telecom
  • Canon Saudi Arabia was established

2019

  • Starlinks was established

2020

  • Assayel Arabia Real Estate Company acquires Ali Zaid Al-Quraishi and Brothers for Real Estate Company

2021

  • Retal Urban Development and Assayel Arabia signs an agreement with Nobu
  • Kalaam Telecom acquires Kuwaiti ISP leader Zajil Telecom
  • National Marketing Company signs Agency Agreement with KIA Motors for the Northern, Western and Southern regions of Saudi Arabia
  • RSA ME merged into National Life and General Insurance of Oman.

2022

  • Starlinks Global was formed.
  • AQT wasStarlinks corporations Logistics Services LLC was established. established
  • Anfal was established

2023

  • AQESA was rebranded to Evostel

2024

  • TME was rebranded to MEEM
1958
1968
1971
1974
1976
1979
1989
1991
1999
2005
2007
2008
2009
2011
2013
2014
2016
2017
2018
2019
2020
2021
2022
2023
2024
1958
1968
1971
1974
1976
1979
1989
1991
1999
2005
2007
2008
2009
2011
2013
2014
2016
2017
2018
2019
2020
2021
2022
2023
2024
DIVERSIFIED INVESTMENTS

Our Subsidiaries and Associates

  • Arsan Arabia - Arsan Arabia for Trading Company
  • ADMC – Automotive Distribution & Marketing Company Limited
  • AQM – Al Quraishi Marketing Company Limited
  • Al Shula – Al Shula General Trading
  • Starlinks – Starlinks for Support Services Company
  • Starlinks Global
  • AQT – Al Quraishi Trading, Kuwait
  • Canon Saudi Arabia
  • UMC – United Motors Company
  • NMSC – National Motors Supplies Company
  • GMC – Gulf Motors Company
  • NMC – National Marketing Company
  • TFC – Tawkelat Financing Company
  • AIS – AJDA Industrial Services Company
  • EVOSTEL – Evolving Constellation Company for Energy
  • Pipetech – Pipeline Technology and Services
  • GNS – GulfNet Solutions
  • Saudi Chainlink
  • NASCO – National Advanced System
  • DHS – Digital Healthcare Solutions Arabia
  • INFORT Egypt for Computer Systems and Programs
  • KTH – Kalaam Telecom Holding
  • KTB – Kalaam Telecom Bahrain
  • Zajil Telecom
  • Tawasul Telecom
  • EIC – Electric Industries Company
  • MEEM – Middle East Electrical Motors Factory Company Limited
  • NMSC – National Motors Supplies Company
  • GMC – Gulf Motors Company
  • NMC – National Marketing Company
  • TFC – Tawkelat Financing Company
  • Assayel – Assayel Arabia Real Estate Company
  • AQRE – Ali Zaid Al Quraishi & Brothers Company for Real Estate Investments - Single Shareholder Company
  • Remal Alkhobar Real Estate
  • Anfal Corp Investments
  • (PPEC) – Palm Private Equity Company
  • (PREC) – Palm Real Estate Company
  • Tilad Investment
  • Tilad Funds Investment
  • Tilad Real Estate Funds Investment
  • Yanal Finance Company