More than sixty years ago, at a time when Saudi Arabian farmers irrigated their lands using camels and other livestock to extract water from wells, Abdullah R. Abunayyan introduced the first ever diesel-powered turbine pump to his country, forever changing the way agriculture is practised in Saudi Arabia. Thus the company found its earliest beginnings in March 1950.
With little capital and no financial support, self-made entrepreneur Abunayyan boldly departed from his family’s successful merchant business to work in agriculture irrigation. Encountering widespread local scepticism and little promise of financial return, he refused to allow these vulnerabilities to override the potential scope of his revolutionary contribution: he gave each of his customers a three-year money-back warranty on their pump purchase.
Two decades later, Abdullah turned his attention to improving the living standards of the population. He introduced the first pressure-regulated pump for residential use, transforming the practice of depending on gravitational pull for water to trickle down from the roof tank and out of the tap.
Since then, the aspiration to add value locally has motivated the company to diversify across the entire water and power value chain. More than a dozen Strategic Business Units – including wholly owned subsidiaries, joint ventures with leading multinationals, and home grown partnerships with other conglomerates – have been created to provide empowering solutions predominantly in the water, power and oil and gas sectors. Abunayyan Holding focuses on developing local, integrated solutions: each Strategic Business Unit is highly specialised in a particular competency, which can then be mobilised jointly with other units in the company’s portfolio to develop a specifically tailored and locally solution.
Its uncompromising values – serving the customer, honesty, reliability, and adaptability – form the backbone of Abunayyan Holding to this day as the company continues to grow in Saudi Arabia and beyond in the MEA region.