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Eye of Riyadh
Fitaihi Holding Group

Fitaihi Holding Group

Listed in :
Business & Money > Jewellery & Watches

Fitaihi is well established in the region as a top jeweler and a leading retailer of top-quality international luxuries brands and products including crystals, chinaware, fashion, textile, leather items, accessories, bed linen and home furnishing, antiques and others. The company is an agent/distributor for the following brand names in the Saudi market: Mont Blanc, Dunhill, Sarcar, Louis Erard, Saint Louis , Scintilla Monaco , Marina B, Talento, Rebecca, Robbe & Berking, Moser, Guy DeGrenne, Aynsley, Noritake, Nachtmann, Fratelli Rosetti, Derek Rose, Fabio Inghirami, Lanvin, Zimmerli, etc. It also retails other brand names – via their agents in Saudi Arabia - e.g. Breitling, Maurice Lacroix, Christian Dior, etc. It is the first, and only, public shareholding company in the Saudi business worlds of Jewelry and luxuries retailing. Fitaihi Cooperates two major luxury department stores in Jeddah and Riyadh under the Fitaihi brand name. In addition, it has three other stores in Jeddah and Riyadh. Also Fitaihi owns the Geneva based Marina-B Company, which was established by Mrs. Marina Bvlgari, the international jewelry designer and the granddaughter of the famous Bvlgari. Marina-B branded jewelry and watches are retailed today in many countries around the world including Europe, GCC countries & Japan . Fitaihi's history is at the heart of its unique relationship with the upscale societies of Saudi Arabia in specific, and of the pan Arab World in general. The Fitaihi name traces back to the year 1887 when the Fitaihi family started as silversmiths in the holy city of Makkah . But it is the date 1907 that Fitaihi's customers identify as the birth date for Fitaihi the jeweler, when Sheikh Hassan Fitaihi, the father of Mr. Ahmed Hassan Fitaihi, opened the first gold shop in what is today the "Gold Market" of Jeddah. In 1964, Sheikh Ahmed Hassan Fitaihi (AHF) established with his father a limited liability company under the name H. Fitaihi & Sons. From then on, Fitaihi has continued to pioneer its own industry, becoming part of the fabric of Saudi Society. In 1984 it opened the first department store in Saudi Arabia, which permanently defined the Fitaihi name as a provider of luxury items and services to society's elite. Fitaihi followed with a second department store in Riyadh in 1993. With more than three generations catering to the luxury needs of the upscale societies of Saudi Arabia and other Arab countries, Fitaihi has become the leading regional expertise in the Retailing of jewelry, gold and silver. Over the years Fitaihi has become synonymous with quality and exclusive jewelry. In 2000, the company became a business case study for business schools nationwide, and a model for other Saudi family businesses, when it was transformed into a Public Share- Holding company. in 2003, Fitaihi launched the first jewelry retail outlet in Saudi Arabia that is managed 100% by Saudi females (an evolution in Saudi luxury retail which remains unique to Fitaihi). Recently, Fitaihi doubled its Capital in order to cater for its ambitious growth plans, reflecting the shareholders' confidence in the company and in the ability of its management team to realize the vision of leading the luxury retail industry in the region.

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