na 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._x005F_x000D_ _x005F_x000D_ 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._x005F_x000D_ 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:_x005F_x000D_ _x005F_x000D_ Household appliances and consumer electronics_x005F_x000D_ Trading in air-conditioners and spare parts_x005F_x000D_ Electro-mechanical contracting (specializing in air-conditioning)_x005F_x000D_ _x005F_x000D_ Building material and hardware._x005F_x000D_ _x005F_x000D_ _x005F_x000D_ 1997 _x005F_x000D_ The Middle East Electric Meter Factory (MEMF) starts production