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SGI Group

SGI Group was established in August 2007 as a shareholding company organized under the laws of the State of Kuwait with a capital of KD 24 million. Since its inception, and within the first six months of operations, it made a number of acquisitions and set up numerous companies to execute its aggressive strategy.
Immediately upon establishment, SGI Group started the foundation of Sanam Glass Company in the Hashemite Kingdom of Jordan, the flagship company that operates the glass coating facility for which SGI Group was formed.
SGI Group acquired a majority share of Alumaco, an aluminum fabricator and contractor, in Saudi Arabia in November 2007, and immediately set up Alumaco International in Kuwait and Saudi Arabia respectively. During the same period, SGI Group also concluded the acquisition of a majority share of what later became GSI, a seasoned glass and aluminum fabricator, in Dammam.
Within the first quarter of 2008, SGI Group set up Facade Solutions in Ras Al-Khaimah (UAE) and acquired a controlling stake of what later became International Standard Group, a stone supply and installation company, in Kuwait.