{"id":20869,"date":"2020-01-30T20:20:29","date_gmt":"2020-01-30T17:20:29","guid":{"rendered":"https:\/\/www.ibtdi.com\/?p=20869"},"modified":"2020-01-30T00:27:31","modified_gmt":"2020-01-29T21:27:31","slug":"fitaihis-family","status":"publish","type":"post","link":"https:\/\/www.ibtdi.com\/en\/fitaihis-family\/","title":{"rendered":"The Fitaihi Family: The Golden Journey Began in a Small Shop"},"content":{"rendered":"

<\/p>\n

\n

In Saudi Arabia, the F\u062a\u064a\u062d\u064a family name has long been associated with gold and jewelry. It began with a modest shop in the heart of Jeddah about <\/span>110 years ago, and grew into major companies <\/span><\/p>\n

At home and abroad, they rival the finest European brands. Success in this world takes more than business acumen: above all, it calls for refined taste. <\/span><\/p>\n

and expert craftsmanship to keep up with fashion and satisfy the tastes of an open-minded world.<\/span><\/p>\n

The rise of the F\u062a\u064a\u062d\u064a family was no accident. It traces back to the great-grandfather, known for his passion for silverwork as early as 1887. However, the step <\/span><\/p>\n

The journey began in 1907, when Hassan F. Fityahi opened the first shop bearing the family name in the famous Gold Souk in the heart of Jeddah. The business grew and expanded over time, <\/span><\/p>\n

with the family\u2019s craft and trade flourishing and passing from one generation to the next.<\/span><\/p>\n

.<\/p>\n

\u062a\u0628\u062e\u064a\u0631 \u0627\u0644\u062f\u0643\u0627\u0646<\/strong><\/span><\/h2>\n

From an early age, son Ahmed Hassan Fitaihi (born in 1942) began learning the trade from his father. He accompanied him to the shop every day, which played a major role <\/span><\/p>\n

in developing his business acumen. At first, his duties were limited to preparing incense and perfuming the shop\u2014a common practice in the old markets of Jeddah\u2014but <\/span><\/p>\n

In addition to fumigating, he observed and learned how to sell, welcome customers, and treat them well, picking up from his father and the shop workers everything related to <\/span><\/p>\n

trade and jewelry making.<\/span><\/p>\n

Later, his son Ahmed began helping craft silver using an old-fashioned manual blowpipe. Little by little, he found himself immersed in the world of gold and jewelry, and he <\/span><\/p>\n

worked for the Fattihi family alongside Indonesian workers who had been in the profession for many years. They would come to perform Hajj, while the family traded in gold in Mecca and lived in Jeddah.<\/span><\/p>\n

\u00a0\u0648\u0645\u0639 \u0627\u0632\u062f\u064a\u0627\u062f \u0627\u0644\u0623\u0631\u0628\u0627\u062d \u0648\u062a\u0648\u0633\u0639 \u0627\u0644\u0623\u0639\u0645\u0627\u0644\u060c \u0627\u0634\u062a\u062f \u0645\u0631\u0636 \u0627\u0644\u0648\u0627\u0644\u062f \u062d\u0633\u0646 \u0641\u062a\u064a\u062d\u064a\u060c \u0641\u0637\u0644\u0628 \u0645\u0646 \u0627\u0644\u0627\u0628\u0646 \u0627\u0644\u062a\u0641\u0631\u063a \u0644\u0644\u0639\u0645\u0644 \u0645\u0639\u0647 \u0648\u062a\u0631\u0643 \u0627\u0644\u062f\u0631\u0627\u0633\u0647\u060c \u0648\u0627\u0633\u062a\u062c\u0627\u0628 \u0627\u0644\u0627\u0628\u0646 \u0644\u0648\u0635\u064a\u0629 \u0648\u0627\u0644\u062f\u0647 <\/span><\/p>\n

and became a familiar face among customers, at a time when there were few shops.<\/span><\/p>\n

But despite his work and his regular presence at his father\u2019s shop, Ahmed did not give up his education. He continued studying at home and managed to earn his <\/span><\/p>\n

secondary school certificate in 1960. Four years later, he got married, and his father rewarded him by making him a one-third partner in the business.<\/span><\/p>\n

.<\/p>\n

Italian gold, Clio<\/strong><\/span><\/h2>\n

\u0627\u0644\u0627\u0646\u0637\u0644\u0627\u0642\u0629 \u0627\u0644\u062e\u0627\u0631\u062c\u064a\u0629 \u0644\u0623\u062d\u0645\u062f \u0641\u062a\u064a\u062d\u064a \u0643\u0627\u0646\u062a \u0645\u0646 \u062e\u0644\u0627\u0644 \u0632\u064a\u0627\u0631\u062a\u0647 \u0623\u0648\u0631\u0648\u0628\u0627 \u0644\u0623\u0648\u0644 \u0645\u0631\u0629 \u0641\u064a \u0639\u0627\u0645 1962\u060c \u0641\u0642\u062f \u0634\u0639\u0631 \u0628\u0631\u062a\u0627\u0628\u0629 “\u0627\u0644\u0645\u0648\u062f\u064a\u0644\u0627\u062a” \u0627\u0644\u062a\u064a \u064a\u062a\u0645 \u0637\u0631\u062d\u0647\u0627 \u0641\u064a \u0623\u0633\u0648\u0627\u0642 <\/span><\/p>\n

and began thinking about introducing something new. This inspired him to travel to Italy before he had even turned 20, hoping to discover the latest <\/span><\/p>\n

European jewelry designs and adapt them for his father\u2019s shop.<\/span><\/p>\n

\u00a0\u0639\u0627\u062f \u0625\u0644\u0649 \u0627\u0644\u0628\u0644\u0627\u062f \u0648\u0645\u0639\u0647 \u0643\u064a\u0644\u0648 \u0630\u0647\u0628 \u0625\u064a\u0637\u0627\u0644\u064a \u0645\u0634\u063a\u0648\u0644 \u0644\u064a\u0635\u0628\u062d \u0623\u0648\u0644 \u0635\u0627\u0626\u063a \u0633\u0639\u0648\u062f\u064a \u064a\u0633\u062a\u0648\u0631\u062f \u0627\u0644\u0630\u0647\u0628 \u0627\u0644\u0625\u064a\u0637\u0627\u0644\u064a, \u0648\u0628\u0639\u062f \u062a\u0644\u0643 \u0627\u0644\u0632\u064a\u0627\u0631\u0647 \u0641\u0643\u0631 \u0641\u064a \u0627\u0644\u0637\u0631\u064a\u0642\u0629 \u0627\u0644\u0645\u062b\u0644\u0649 \u0644\u0644\u062a\u0648\u0633\u0639 <\/span><\/p>\n

Because of his business activities, he suggested that his father establish a limited liability company. His father was persuaded by the idea, and the company was founded in 1965, becoming the first company <\/span><\/p>\n

in Saudi Arabia to be established as a limited liability company under the Companies Law. That same year, the limited liability company became a general partnership <\/span><\/p>\n

\u062a\u0636\u0627\u0645\u0646\u064a\u0629 \u0644\u062a\u0635\u0628\u062d “\u0634\u0631\u0643\u0629 \u062d\u0633\u0646 \u0648\u0623\u062d\u0645\u062f \u0641\u062a\u064a\u062d\u064a \u0627\u0644\u062a\u0636\u0627\u0645\u0646\u064a\u0629” \u0648\u0627\u0633\u062a\u0645\u0631\u062a \u062a\u0644\u0643 \u0627\u0644\u0634\u0631\u0627\u0643\u0629 \u0646\u062d\u0648 13 \u0639\u0627\u0645\u0627 \u062b\u0645 \u0627\u0646\u062a\u0647\u062a \u0647\u0630\u0647 \u0639\u0627\u0645 1978.<\/span><\/p>\n

.<\/p>\n

Operating independently<\/strong><\/span><\/h2>\n

\u0627\u0644\u062a\u062d\u0648\u0644 \u0627\u0644\u0645\u0647\u0645 \u0641\u064a \u0645\u0633\u064a\u0631\u0629 \u0635\u0639\u0648\u062f \u0623\u062d\u0645\u062f \u0641\u062a\u064a\u062d\u064a \u0643\u0631\u062c\u0644 \u0623\u0639\u0645\u0627\u0644\u060c \u00a0\u0628\u062f\u0623\u062a \u0645\u0646 \u062e\u0644\u0627\u0644 \u0627\u0644\u0627\u0633\u062a\u0642\u0644\u0627\u0644 \u0628\u0623\u0639\u0645\u0627\u0644\u0647\u060c \u062d\u064a\u062b \u0627\u0641\u062a\u062a\u062d \u0623\u0648\u0644 \u0645\u062d\u0644 \u062e\u0627\u0635 \u0628\u0647 \u064a\u062d\u0645\u0644 \u0627\u0633\u0645 “\u0623\u062d\u0645\u062f \u062d\u0633\u0646 <\/span><\/p>\n

\u0641\u062a\u064a\u062d\u064a” \u0641\u064a \u0639\u0627\u0645 1970 \u0628\u0631\u0623\u0633\u0645\u0627\u0644 \u0642\u062f\u0631\u0647 \u0645\u0627\u0626\u062a\u064a \u0623\u0644\u0641 \u062f\u0648\u0644\u0627\u0631 \u0623\u0645\u0631\u064a\u0643\u064a (200.000 \u062f\u0648\u0644\u0627\u0631 \u0623\u0645\u0631\u064a\u0643\u064a ) \u0622\u0646\u0630\u0627\u0643.<\/span><\/p>\n

After his first successful experience working independently, he opened a second store in Jeddah in 1973. However, business does not always follow a single path, <\/span><\/p>\n

His first business setback came in 1975, when he lost everything he owned\u2014US$550,000\u2014and was forced to sell his home.<\/span><\/p>\n

But that setback did not dampen his ambition or determination. He worked tirelessly until he opened two more stores in 1976, followed by another two in <\/span><\/p>\n

1977\u060c \u0648\u062b\u0644\u0627\u062b\u0629 \u0641\u0631\u0648\u0639 \u0623\u062e\u0631\u0649 \u0641\u064a \u0639\u0627\u0645 1978\u060c \u0644\u064a\u0628\u0644\u063a \u0639\u062f\u062f \u0627\u0644\u0645\u062d\u0644\u0627\u062a \u0627\u0644\u062a\u064a \u062a\u062d\u0645\u0644 \u0627\u0633\u0645 “\u0623\u062d\u0645\u062f \u062d\u0633\u0646 \u0641\u062a\u064a\u062d\u064a” \u062a\u0633\u0639\u0629 \u0645\u062d\u0644\u0627\u062a \u0645\u0646\u062a\u0634\u0631\u0629 \u0641\u064a \u0645\u062f\u064a\u0646\u062a\u064a \u062c\u062f\u0647 \u0648\u0645\u0643\u0629\u060c <\/span><\/p>\n

with annual rents totaling nearly four million.<\/span><\/p>\n

.<\/p>\n

\n

<\/h4>\n

\u0645\u0631\u0643\u0632 \u062a\u062c\u0627\u0631\u064a<\/strong><\/span><\/h2>\n

In 1980, he came up with the idea of bringing his stores together in a single, multi-story location where he could personally oversee distinctive, individualized services. In 1984, <\/span><\/p>\n

“\u0634\u0631\u0643\u0629 \u0623\u062d\u0645\u062f \u062d\u0633\u0646 \u0641\u062a\u064a\u062d\u064a” \u0623\u0648\u0644 \u0645\u0631\u0643\u0632 \u0645\u062a\u0643\u0627\u0645\u0644 \u0628\u0623\u062f\u0648\u0627\u0631 \u0645\u062a\u0639\u062f\u062f\u0629 \u064a\u062f\u0627\u0631 \u0628\u0648\u0627\u0633\u0637\u0629 \u0634\u062e\u0635 \u0648\u0627\u062d\u062f \u0641\u064a \u0645\u062f\u064a\u0646\u0629 \u062c\u062f\u0629 \u0639\u0644\u0649 \u0637\u0631\u064a\u0642 \u0627\u0644\u0645\u062f\u064a\u0646\u0629\u060c \u0648\u0642\u062f \u0628\u064f\u0646\u064a \u0639\u0644\u0649 \u0637\u0631\u0627\u0632 \u0639\u0627\u0644\u0645\u064a <\/span><\/p>\n

\u062a\u062d\u062a \u0625\u0634\u0631\u0627\u0641 \u0634\u0631\u0643\u0629 \u0623\u0648\u0631\u0628\u064a\u0629 \u0645\u0634\u0647\u0648\u0631\u0629 \u0639\u0644\u0649 \u063a\u0631\u0627\u0631 \u0645\u0628\u0646\u064a \u0645\u062a\u062c\u0631 “\u0647\u0627\u0648\u0631\u062f\u0632” \u0641\u064a \u0644\u0646\u062f\u0646 \u0627\u0644\u0630\u064a \u064a\u0645\u062a\u0644\u0643\u0647 \u0627\u0644\u0645\u0635\u0631\u064a \u0627\u0644\u0645\u0644\u064a\u0627\u0631\u062f\u064a\u0631 \u0645\u062d\u0645\u062f \u0627\u0644\u0641\u0627\u064a\u062f \u0648”\u062c\u0627\u0644\u0627\u0631\u064a \u0644\u0627\u0641\u064a\u064a\u062a” \u0641\u064a <\/span><\/p>\n

Paris. Considered the height of luxury, it offered every indulgence, from gold, jewelry, watches, accessories, perfumes, men\u2019s clothing and fabrics <\/span><\/p>\n

\u0648\u0645\u0644\u0627\u0628\u0633 \u0646\u0633\u0627\u0626\u064a\u0629\u060c \u0628\u0644\u063a \u0639\u062f\u062f \u0645\u0648\u0638\u0641\u064a\u0647 \u0622\u0646\u0630\u0627\u0643 350 \u0645\u0648\u0638\u0641\u0627\u064b \u0645\u0646\u0647\u0645 115 \u0641\u0646\u064a \u0635\u064a\u0627\u063a\u0629 \u0641\u064a \u0645\u0635\u0646\u0639 \u0627\u0644\u0630\u0647\u0628 \u0648\u0627\u0644\u0645\u062c\u0648\u0647\u0631\u0627\u062a. \u00a0<\/span><\/p>\n

In addition, its specialized jewelry workshop could bring any design a customer imagined to life. Ahmed Hassan Fitaihi succeeded in developing the brand and expanding its success <\/span><\/p>\n

not only across the Kingdom, but also throughout Arab and Asian countries, through extensive advertising and promotional efforts <\/span><\/p>\n

alongside the quality and distinctiveness of its products.<\/span><\/p>\n

FATEHI Jeddah Center was considered the first Saudi advertiser on Egyptian TV channels whose broadcasts reached the Kingdom of Saudi Arabia. When <\/span><\/p>\n

advertising was approved on Saudi television, FATEHI Center was among the first advertisers there as well.<\/span><\/p>\n

.<\/p>\n

Growth through the years and in numbers<\/strong><\/span><\/h2>\n

In 1990, the company opened a wholesale center in Jeddah to serve all its branches. Its design incorporated the latest storage systems. In<\/span><\/p>\n

1993, the company opened a similar commercial center in central Riyadh, after its opening had been delayed by two years because of the circumstances affecting the region, including <\/span><\/p>\n

economic difficulties resulting from the Gulf War.<\/span><\/p>\n

\u0648\u062a\u062d\u0648\u0644\u062a \u0641\u064a \u0639\u0627\u0645 1992\u0625\u0644\u0649 \u0634\u0631\u0643\u0629 \u0630\u0627\u062a \u0645\u0633\u0624\u0648\u0644\u064a\u0629 \u0645\u062d\u062f\u0648\u062f\u0629 \u062a\u062d\u0645\u0644 \u0627\u0633\u0645 “\u0634\u0631\u0643\u0629 \u0623\u062d\u0645\u062f \u062d\u0633\u0646 \u0641\u062a\u064a\u062d\u064a \u0627\u0644\u0645\u062d\u062f\u0648\u062f\u0629” \u0628\u0631\u0623\u0633\u0645\u0627\u0644 \u0645\u062f\u0641\u0648\u0639 \u0628\u0627\u0644\u0643\u0627\u0645\u0644 \u0642\u062f\u0631\u0647 200 \u0645\u0644\u064a\u0648\u0646 <\/span><\/p>\n

Saudi riyals. In 1994, the company was valued at SAR 600 million, equivalent to approximately USD 165 million. Twenty percent of <\/span><\/p>\n

the company\u2019s shares were sold to 28 other partners, while he and his family retained the remaining 80%.<\/span><\/p>\n

\u0627\u0634\u062a\u0631\u062a \u0634\u0631\u0643\u0629 “\u0623\u062d\u0645\u062f \u062d\u0633\u0646 \u0641\u062a\u064a\u062d\u064a \u0627\u0644\u0645\u062d\u062f\u0648\u062f\u0629” \u0641\u064a \u0639\u0627\u0645 1996\u00a0 \u0627\u0644\u0627\u0633\u0645 \u0627\u0644\u062a\u062c\u0627\u0631\u064a \u0627\u0644\u0639\u0627\u0644\u0645\u064a \u0627\u0644\u0639\u0631\u064a\u0642 \u0641\u064a \u0645\u062c\u0627\u0644 \u0627\u0644\u0645\u062c\u0648\u0647\u0631\u0627\u062a \u0627\u0644\u0645\u0627\u0633\u064a\u0629 “\u0645\u0627\u0631\u064a\u0646\u0627 \u0628\u064a” \u0648\u0633\u0644\u0633\u0644\u0629 <\/span><\/p>\n

\u0627\u0644\u0641\u0631\u0648\u0639 \u0627\u0644\u062e\u0627\u0635\u0629 \u0628\u0647 \u0627\u0644\u062a\u064a \u062a\u062a\u0648\u0627\u062c\u062f \u0641\u064a \u062c\u0646\u064a\u0641 \u0648\u0645\u064a\u0644\u0627\u0646\u0648 \u0648\u0646\u064a\u0648\u064a\u0648\u0631\u0643 \u0648\u0628\u0627\u0631\u064a\u0633 \u0648\u0623\u0631\u0642\u0649 \u0634\u0648\u0627\u0631\u0639 \u0644\u0646\u062f\u0646 \u0627\u0644\u062a\u062c\u0627\u0631\u064a\u0629 \u0641\u064a “\u0646\u064a\u0648\u0628\u0648\u0646\u062f \u0633\u062a\u0631\u064a\u062a”\u060c \u0648\u064a\u0646\u062a\u0634\u0631 \u0648\u0643\u0644\u0627\u0621 \u0648\u0645\u0648\u0632\u0639\u0648\u0627 \u0647\u0630\u0627 <\/span><\/p>\n

Japan, the United Arab Emirates, India, and several major world capitals.<\/span><\/p>\n

Leading international radio stations have discussed Ahmed Hassan Fitaihi, and prominent newspapers and magazines have written about him as one of the world\u2019s foremost jewelry collectors. The name was registered <\/span><\/p>\n

“\u0623\u062d\u0645\u062f \u062d\u0633\u0646 \u0641\u062a\u064a\u062d\u064a” \u0641\u064a \u0645\u0648\u0633\u0648\u0639\u0629 \u0627\u0644\u0623\u0631\u0642\u0627\u0645 \u0627\u0644\u0642\u064a\u0627\u0633\u064a\u0629 “\u062c\u064a\u0646\u0633 \u0631\u064a\u0643\u0648\u0631\u062f\u0632” .<\/span><\/p>\n

.<\/p>\n

Becoming a joint-stock company<\/strong><\/span><\/h2>\n

Ahmed Hassan Fitaihi wanted to convert his limited company into a joint-stock company. He faced opposition from family, friends, and even employees, who <\/span><\/p>\n

felt that no one else had the right to join them in the company. He encountered many difficulties with both government and non-government entities, but ultimately <\/span><\/p>\n

he overcame these challenges and became a role model for many other family-owned trading companies to follow.<\/span><\/p>\n

\u0648\u0635\u062f\u0631 \u0641\u064a 7\/1\/1998 \u0642\u0631\u0627\u0631 \u0645\u0639\u0627\u0644\u064a \u0648\u0632\u064a\u0631 \u0627\u0644\u062a\u062c\u0627\u0631\u0629 \u0627\u0644\u0633\u0639\u0648\u062f\u064a \u0628\u0627\u0644\u0645\u0648\u0627\u0641\u0642\u0629 \u0639\u0644\u0649 \u062a\u062d\u0648\u0644 \u0634\u0631\u0643\u0629 “\u0623\u062d\u0645\u062f \u062d\u0633\u0646 \u0641\u062a\u064a\u062d\u064a \u0627\u0644\u0645\u062d\u062f\u0648\u062f\u0629” \u0625\u0644\u0649 \u0634\u0631\u0643\u0629 \u0645\u0633\u0627\u0647\u0645\u0629 \u0645\u063a\u0644\u0642\u0629\u060c \u0648\u062a\u0639\u062f <\/span><\/p>\n

\u0634\u0631\u0643\u0629 “\u0623\u062d\u0645\u062f \u062d\u0633\u0646 \u0641\u062a\u064a\u062d\u064a – \u0634\u0631\u0643\u0629 \u0645\u0633\u0627\u0647\u0645\u0629 \u0633\u0639\u0648\u062f\u064a\u0629” \u0623\u0648\u0644 \u0634\u0631\u0643\u0629 \u062a\u062c\u0627\u0631\u064a\u0629 \u0633\u0639\u0648\u062f\u064a\u0629 \u062a\u062a\u062d\u0648\u0644 \u0625\u0644\u0649 \u0634\u0631\u0643\u0629 \u0645\u0633\u0627\u0647\u0645\u0629\u060c \u062a\u062a\u0643\u0648\u0646 \u0645\u0646 41 \u0645\u0633\u0627\u0647\u0645\u0627\u064b\u060c \u064a\u0645\u062a\u0644\u0643 \u0623\u062d\u0645\u062f \u062d\u0633\u0646 <\/span><\/p>\n

Fitaihi and his family own 85% of its shares, while the remaining 15% are held by 34 shareholders.<\/span><\/p>\n

\u0648\u0628\u0630\u0644\u0643 \u0623\u0635\u0628\u062d\u062a \u0623\u0648\u0644 \u0634\u0631\u0643\u0629 \u0633\u0639\u0648\u062f\u064a\u0629 \u062a\u0646\u062a\u0642\u0644 \u0645\u0646 \u0646\u0638\u0627\u0645 “\u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0627\u0644\u0639\u0627\u0626\u0644\u064a\u0629” \u0625\u0644\u0649 “\u0627\u0644\u0634\u0631\u0643\u0627\u062a \u0627\u0644\u0645\u0633\u0627\u0647\u0645\u0629”\u060c \u0645\u0645\u0627 \u0623\u062a\u0627\u062d \u0644\u0647\u0627 \u0645\u0633\u0627\u062d\u0629 \u0643\u0628\u064a\u0631\u0629 \u0645\u0646 \u0627\u0644\u062a\u062d\u062f\u064a\u062b \u0648\u0627\u0644\u062a\u062c\u062f\u064a\u062f <\/span><\/p>\n

It also brought greater speed and transparency, and established the company as a strong competitor to both Arab and international companies.<\/span><\/p>\n

.<\/p>\n

Owner of the world\u2019s largest diamond<\/strong><\/span><\/h2>\n

Fitaihi often travels in person to European trade fairs to select merchandise for display at the Fitaihi centers in Jeddah and Riyadh, as well as at its branches. <\/span><\/p>\n

He has a distinctive eye for selecting colors. He is also constantly on the move and full of energy. Often, he personally makes sales and works <\/span><\/p>\n

hands-on alongside the staff.<\/span><\/p>\n

\u0648\u064a\u0639\u0631\u0641 \u0639\u0646 \u0627\u0644\u0634\u064a\u062e \u0623\u062d\u0645\u062f \u0641\u062a\u064a\u062d\u064a \u062a\u0648\u0627\u062c\u062f\u0647 \u0627\u0644\u062f\u0627\u0626\u0645 \u0641\u064a \u062f\u0648\u0631 \u0627\u0644\u0645\u0632\u0627\u062f\u0627\u062a \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629 \u0623\u0645\u062b\u0627\u0644 “\u0633\u0648\u062b\u0628\u064a”\u00a0Sotheby\u2019s<\/span>\u00a0\u0648”\u0643\u0631\u064a\u0633\u062a\u064a”\u00a0Christie\u2019s<\/span>\u00a0\u0648 \u062a\u0645\u0644\u0643\u0647 \u0644\u0639\u062f\u062f \u0645\u0646 <\/span><\/p>\n

\u0627\u0644\u0645\u062c\u0648\u0647\u0631\u0627\u062a \u0648\u0627\u0644\u062d\u062c\u0627\u0631\u0629 \u0627\u0644\u0646\u0627\u062f\u0631\u0629 \u0643\u0645\u0642\u062a\u0646\u064a\u0627\u062a \u0634\u062e\u0635\u064a\u0629\u060c \u062d\u062a\u0649 \u0623\u0646\u0647 \u0633\u062c\u0644 \u0641\u064a \u0645\u0648\u0633\u0648\u0639\u0629 “\u062c\u064a\u0646\u064a\u0633” \u0644\u0644\u0623\u0631\u0642\u0627\u0645 \u0627\u0644\u0642\u064a\u0627\u0633\u064a\u0629 \u0628\u0627\u0639\u062a\u0628\u0627\u0631\u0647 \u0635\u0627\u062d\u0628 \u0623\u0643\u0628\u0631 \u0645\u0627\u0633\u0629 \u0641\u064a \u0627\u0644\u0639\u0627\u0644\u0645 \u0639\u0644\u0649 <\/span><\/p>\n

\u0634\u0643\u0644 “\u062f\u0645\u0639\u0629”\u060c \u0643\u0645\u0627 \u062a\u0645 \u062a\u0642\u0644\u064a\u062f\u0647 \u0628\u0648\u0633\u0627\u0645 “\u0646\u062c\u0645\u0629 \u0627\u0644\u062a\u0636\u0627\u0645\u0646” \u0644\u0645\u0627 \u0644\u0647 \u0645\u0646 \u0623\u062b\u0631 \u0641\u064a \u062a\u0642\u0648\u064a\u0629 \u0627\u0644\u0639\u0644\u0627\u0642\u0627\u062a \u0627\u0644\u0627\u0642\u062a\u0635\u0627\u062f\u064a\u0629 \u0628\u064a\u0646 \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629 \u0648\u0625\u064a\u0637\u0627\u0644\u064a\u0627\u060c \u0648\u0647\u0630\u0627 \u0627\u0644\u0648\u0633\u0627\u0645 \u064a\u0639\u062f \u0623\u0631\u0641\u0639 \u0648\u0633\u0627\u0645 <\/span><\/p>\n

awarded to distinguished individuals by decree of the President of the Italian Republic.<\/span><\/p>\n

.<\/p>\n

\n

<\/h4>\n

From a family business to a global enterprise<\/strong><\/span><\/h2>\n

In its most recent phase, the group pursued a policy of expanding and diversifying its investments by establishing several major companies in the real estate and commercial sectors. <\/span><\/p>\n

\u0648\u0627\u0644\u062a\u064a \u062a\u0645\u062a\u0644\u0643\u0647\u0627 \u0628\u0627\u0644\u0643\u0627\u0645\u0644 \u0645\u062b\u0644 \u0634\u0631\u0643\u0629 “\u0635\u062f\u0648\u0642 \u0627\u0644\u0639\u0627\u0644\u0645\u064a\u0629 \u0644\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631\u0627\u062a \u0627\u0644\u0642\u0627\u0628\u0636\u0629”\u060c \u0648\u0627\u0644\u062a\u064a \u062a\u0623\u0633\u0633\u062a \u0628\u0631\u0623\u0633\u0645\u0627\u0644 100 \u0645\u0644\u064a\u0648\u0646 \u0631\u064a\u0627\u0644 \u0628\u0647\u062f\u0641 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u062f\u0627\u062e\u0644<\/span><\/p>\n

the Kingdom and abroad.<\/span><\/p>\n

\u00a0\u0648\u0643\u0630\u0644\u0643 \u0634\u0631\u0643\u0629 “\u0645\u062f\u0645\u0627\u0643 \u0627\u0644\u062e\u0644\u064a\u062c\u064a\u0629 \u0644\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0639\u0642\u0627\u0631\u064a”\u060c \u0648\u0627\u0644\u062a\u064a \u062a\u0623\u0633\u0633\u062a \u0628\u0631\u0623\u0633\u0645\u0627\u0644 \u0642\u062f\u0631\u0647 100 \u0645\u0644\u064a\u0648\u0646 \u0631\u064a\u0627\u0644 \u0628\u0647\u062f\u0641 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0639\u0642\u0627\u0631\u064a \u062f\u0627\u062e\u0644 \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0648\u062e\u0627\u0631\u062c\u0647\u0627\u060c <\/span><\/p>\n

\u0648\u0627\u0633\u062a\u062d\u0648\u0630\u062a \u0627\u0644\u0645\u062c\u0645\u0648\u0639\u0629 \u0623\u064a\u0636\u0627 \u0639\u0644\u0649 \u0646\u0633\u0628\u0629 80% \u0645\u0646 \u0631\u0623\u0633 \u0645\u0627\u0644 “\u0634\u0631\u0643\u0629 \u062a\u062c\u0627\u0631\u0629 \u0627\u0644\u0633\u0644\u0639 \u0627\u0644\u0643\u0645\u0627\u0644\u064a\u0629 \u0627\u0644\u062b\u0645\u064a\u0646\u0629 \u0627\u0644\u0645\u062d\u062f\u0648\u062f\u0629”\u060c \u0628\u0642\u064a\u0645\u0629 \u0625\u062c\u0645\u0627\u0644\u064a\u0629 \u062a\u0628\u0644\u063a 4 \u0645\u0644\u0627\u064a\u064a\u0646 \u0631\u064a\u0627\u0644\u060c \u0648\u0634\u0631\u0643\u0629 <\/span><\/p>\n

Luxury Goods Trading Company Limited is engaged in buying and selling precious metals, gemstones, jewelry, accessories, antiques, household goods, <\/span><\/p>\n

and d\u00e9cor supplies. It operates nine stores in Jeddah, Riyadh, and Al Khobar under the names Fathihi Junior and Baby Fathihi.<\/span><\/p>\n

.<\/p>\n

And investments in Egypt<\/strong><\/span><\/h2>\n

\u0623\u0645\u0627 \u062e\u0627\u0631\u062c\u064a\u0627 \u0641\u0642\u062f \u0633\u0639\u062a “\u0645\u062c\u0645\u0648\u0639\u0629 \u0641\u062a\u064a\u062d\u064a \u0627\u0644\u0642\u0627\u0628\u0636\u0629” \u0625\u0644\u0649 \u0627\u0644\u0627\u0633\u062a\u062b\u0645\u0627\u0631 \u0627\u0644\u0627\u0633\u062a\u0631\u0627\u062a\u064a\u062c\u064a \u0641\u064a \u0627\u0644\u0633\u0648\u0642 \u0627\u0644\u0645\u0635\u0631\u064a\u0629 \u062d\u064a\u0646 \u0627\u0633\u062a\u062d\u0648\u0630\u062a \u0639\u0644\u0649 5% \u0645\u0646 \u0631\u0623\u0633\u0645\u0627\u0644 “\u0634\u0631\u0643\u0629 <\/span><\/p>\n

\u0627\u0644\u0646\u0633\u0627\u062c\u0648\u0646 \u0627\u0644\u0634\u0631\u0642\u064a\u0648\u0646 \u0627\u0644\u0645\u0635\u0631\u064a\u0629”\u060c \u0648\u0647\u064a \u0634\u0631\u0643\u0629 \u0645\u0633\u0627\u0647\u0645\u0629 \u0628\u0642\u064a\u0645\u0629 \u0625\u062c\u0645\u0627\u0644\u064a\u0629 \u062a\u062c\u0627\u0648\u0632\u062a 153 \u0645\u0644\u064a\u0648\u0646 \u062c\u0646\u064a\u0647 \u0645\u0635\u0631\u064a\u060c \u0623\u064a \u0645\u0627 \u064a\u0639\u0627\u062f\u0644 105 \u0645\u0644\u0627\u064a\u064a\u0646 \u0631\u064a\u0627\u0644 \u0633\u0639\u0648\u062f\u064a.<\/span><\/p>\n

\u00a0\u0643\u0645\u0627 \u0627\u0633\u062a\u062d\u0648\u0630 \u0627\u0644\u0634\u064a\u062e \u0623\u062d\u0645\u062f \u0641\u062a\u064a\u062d\u064a -\u0628\u0635\u0641\u062a\u0647 \u0627\u0644\u0634\u062e\u0635\u064a\u0629- \u0639\u0644\u0649 \u0646\u062d\u0648 10% \u0645\u0646 \u0631\u0623\u0633\u0645\u0627\u0644 “\u0628\u0646\u0643 \u0627\u0644\u062a\u0639\u0645\u064a\u0631 \u0648\u0627\u0644\u0625\u0633\u0643\u0627\u0646 \u0627\u0644\u0645\u0635\u0631\u064a”\u060c \u0641\u064a \u0635\u0641\u0642\u0629 \u0628\u0644\u063a\u062a \u0642\u064a\u0645\u062a\u0647\u0627<\/span><\/p>\n

EGP 670 million (the dollar was equivalent to EGP 5.3), making him the largest individual shareholder in the bank, one of Egypt\u2019s most important <\/span><\/p>\n

banking and development institutions.<\/span><\/p>\n

.<\/p>\n

\u0645\u062c\u0645\u0639 \u0637\u0628\u064a \u0644\u0644\u0627\u0628\u0646<\/strong><\/span><\/h2>\n

Although Walid, Sheikh Ahmed Fitaihi\u2019s son, grew up in a family with a long history in the gold and jewelry trade, he chose a different path. And because distinction is a hallmark <\/span><\/p>\n

\u0648\u0646\u0647\u062c \u0627\u0644\u0639\u0627\u0626\u0644\u0629\u060c \u0623\u0635\u0628\u062d \u0648\u0627\u062d\u062f\u0627 \u0645\u0646 \u0623\u0634\u0647\u0631 \u0623\u0637\u0628\u0627\u0621 \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0639\u0644\u0649 \u0627\u0644\u0625\u0637\u0644\u0627\u0642\u060c \u0623\u0646\u0647\u0649 \u0648\u0644\u064a\u062f \u062f\u0631\u0627\u0633\u0629 \u0627\u0644\u0647\u0646\u062f\u0633\u0629 \u0645\u0646 \u062c\u0627\u0645\u0639\u0629 “\u062c\u0648\u0631\u062c \u0648\u0627\u0634\u0646\u0637\u0646” \u0627\u0644\u0623\u0645\u0631\u064a\u0643\u064a\u0629\u060c \u0648\u062a\u062e\u0631\u062c \u0627\u0644\u0623\u0648\u0644 \u0639\u0644\u0649 <\/span><\/p>\n

\u062f\u0641\u0639\u062a\u0647 \u0628\u0640”\u0645\u0631\u062a\u0628\u0629 \u0627\u0644\u0634\u0631\u0641 \u0627\u0644\u0623\u0648\u0644\u0649”\u060c \u062b\u0645 \u0627\u0644\u062a\u062d\u0642 \u0628\u0643\u0644\u064a\u0629 \u0627\u0644\u0637\u0628 \u0641\u064a \u0627\u0644\u062c\u0627\u0645\u0639\u0629\u060c \u062d\u064a\u062b \u062d\u0627\u0632 \u0639\u0644\u0649 \u0634\u0647\u0627\u062f\u0629 \u0627\u0644\u062f\u0643\u062a\u0648\u0631\u0627\u0647 \u0641\u064a \u0627\u0644\u0637\u0628\u060c \u062b\u0645 \u0623\u062a\u0645 \u062a\u062f\u0631\u064a\u0628\u0647 \u0648\u0632\u0645\u0627\u0644\u062a\u0647 \u0645\u0646 \u0627\u0644\u0645\u0633\u062a\u0634\u0641\u064a\u0627\u062a <\/span><\/p>\n

\u0627\u0644\u062a\u0627\u0628\u0639\u0629 \u0644\u0643\u0644\u064a\u0629 \u0637\u0628 \u062c\u0627\u0645\u0639\u0629 “\u0647\u0627\u0631\u0641\u0627\u0631\u062f”.<\/span><\/p>\n

His father, F\u062a\u064a\u062d\u064a, conceived the idea of establishing the International Medical Center in Jeddah and oversaw every stage, from agreements, meetings and contracts to design and construction. The <\/span><\/p>\n

center opened in 2006 under the patronage of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz, may he rest in peace. The King praised its advanced devices <\/span><\/p>\n

and medical equipment, which rival those of the world\u2019s largest hospitals and clinics.<\/span><\/p>\n

.<\/p>\n

\u064a\u062f\u0631\u064a\u0628 120 \u0641\u062a\u0627\u0629<\/strong><\/span><\/h2>\n

Ahmed Fitaihi formed a team of women specializing in selling gold and jewelry to meet the wives of heads of state and other prominent figures who visit <\/span><\/p>\n

\u0627\u0644\u0645\u0645\u0644\u0643\u0629.<\/span><\/p>\n

\u00a0\u064a\u0642\u0648\u0644 \u00a0\u0641\u062a\u064a\u062d\u064a”\u062d\u0627\u0648\u0644\u062a \u0623\u062d\u0636\u0627\u0631 56 \u0641\u062a\u0627\u0629 \u0645\u0646 \u0628\u0646\u0627\u062a \u0627\u0644\u0639\u0644\u0627\u0626\u0644\u0627\u062a \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629 \u0644\u0644\u0639\u0645\u0644 \u0641\u064a \u0647\u0630\u0647 \u0627\u0644\u0645\u0647\u0646\u0629 \u0648\u0623\u062d\u0645\u062f \u0627\u0644\u0644\u0647 \u0623\u0646 \u0639\u062f\u062f\u0647\u0646 \u0627\u0644\u0622\u0646 \u0648\u0635\u0644 \u0627\u0644\u0649 120 \u0641\u062a\u0627\u0629 \u062a\u0639\u0645\u0644 \u0641\u064a \u0647\u0630\u0647 <\/span><\/p>\n

profession after I personally trained them. My training was not focused on the jewelry trade; instead, I taught them how to conduct themselves in their lives with <\/span><\/p>\n

\u0627\u0644\u0622\u062e\u0631\u064a\u0646 \u0648\u0639\u0648\u062f\u062a\u0647\u0646 \u0639\u0644\u0649 \u0623\u0646 \u064a\u0643\u0648\u0646 \u0647\u0630\u0627 \u0627\u0644\u0633\u0644\u0648\u0643 \u0644\u064a\u0633 \u0641\u064a \u0627\u0644\u0645\u062d\u0644 \u0641\u0642\u0637 \u0627\u0646\u0645\u0627 \u0627\u064a\u0636\u0627 \u0641\u064a \u0628\u064a\u0648\u062a\u0647\u0646”.<\/span><\/p>\n

.<\/p>\n

And a return to childhood memories\u2026<\/strong><\/span><\/h2>\n

Businessman Fitaihi looks back on his childhood, recalling a visit by King Fahd bin Abdulaziz (may God have mercy on him) when he was Minister of Education. He visited the school where Fitaihi studied, and young student Ahmed Hassan Fitaihi was chosen to welcome him. Nervous, he did not deliver the prepared speech <\/span><\/p>\n

and instead set it aside, welcoming him with an impromptu speech of his own that was well received <\/span><\/p>\n

Appreciation and encouragement from those in attendance.<\/span><\/p>\n

During a meeting with young business leaders at the Jeddah Chamber, Feteihi shared his memories of Akash Mosque and recalled how people would leave through its southern gate. <\/span><\/p>\n

Merchants would chat and buy from the vendors around the mosque to make them feel appreciated. Feteihi also spoke about his life with his mother, who was <\/span><\/p>\n

his first teacher in life, noting that people cannot choose their mother, father, or appearance; these are all part of God Almighty\u2019s will.<\/span><\/p>\n

\u00a0\u0648\u064a\u062a\u062d\u062f\u062b \u0641\u062a\u064a\u062d\u064a \u0643\u064a\u0641 \u062a\u0639\u0644\u0645 \u0645\u0646 \u0648\u0627\u0644\u062f\u064a\u0647 \u0627\u0644\u062a\u0639\u0627\u0645\u0644 \u0645\u0639 \u0627\u0644\u0646\u0627\u0633 \u0648\u0627\u0644\u062a\u0639\u0627\u0645\u0644 \u0645\u0639 \u0627\u0644\u0634\u0627\u0631\u0639 \u0648\u0627\u0644\u062a\u0639\u0627\u0645\u0644 \u0641\u064a \u0627\u0644\u0645\u062f\u0631\u0633\u0629 \u0645\u0634\u064a\u0631\u0627 \u0627\u0644\u0649 \u0627\u0646 \u0647\u0646\u0627\u0643 \u0639\u0634\u0631 \u0627\u0634\u064a\u0627\u0621 \u064a\u062c\u0628 \u0627\u0646 \u064a\u062d\u0627\u0641\u0638 \u0639\u0644\u064a\u0647\u0627 <\/span><\/p>\n

to succeed in life, including: actions are judged by intentions; one should wish for one\u2019s fellow person what one wishes for oneself; and what is lawful is clear, as is what is forbidden. A person should also <\/span><\/p>\n

Admit when you\u2019re wrong, think well of God Almighty, be loyal, and honor your parents. These principles are essential for success, and a person must control their <\/span><\/p>\n

desires, because God created us with purpose and knows everything about us. We must be mindful of God in all matters.<\/span><\/p>","protected":false},"excerpt":{"rendered":"

\u0627\u0642\u062a\u0631\u0646 \u0627\u0633\u0645 \u0639\u0627\u0626\u0644\u0629 \u0641\u062a\u064a\u062d\u064a \u0641\u064a \u0627\u0644\u0645\u0645\u0644\u0643\u0629 \u0627\u0644\u0639\u0631\u0628\u064a\u0629 \u0627\u0644\u0633\u0639\u0648\u062f\u064a\u0629 \u0628\u0627\u0644\u0630\u0647\u0628 \u0648\u0627\u0644\u0645\u062c\u0648\u0647\u0631\u0627\u062a\u060c \u0641\u0645\u0646 \u062f\u0643\u0627\u0646 \u0628\u0633\u064a\u0637 \u0648\u0633\u0637 \u0645\u062f\u064a\u0646\u0629 \u062c\u062f\u0629 \u0642\u0628\u0644 \u0646\u062d\u0648 110 \u0633\u0646\u0629\u060c \u0625\u0644\u0649 \u0634\u0631\u0643\u0627\u062a \u0639\u0645\u0644\u0627\u0642\u0629 \u062f\u0627\u062e\u0644 \u0648\u062e\u0627\u0631\u062c \u0627\u0644\u0628\u0644\u0627\u062f\u060c [\u2026]<\/span><\/p>\n","protected":false},"author":3,"featured_media":20870,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_ibtdi_aa_focus_keyword":"","_ibtdi_aa_secondary_keywords":"","_ibtdi_aa_audience":"","_ibtdi_aa_tone":"","_ibtdi_aa_summary":"","_ibtdi_aa_reviewer_name":"","_ibtdi_aa_reviewer_bio":"","_ibtdi_aa_reviewer_url":"","_ibtdi_aa_reviewed_date":"","_ibtdi_aa_service_id":"","_ibtdi_aa_related_ids":"","_ibtdi_aa_human_reviewed":"","_ibtdi_aa_disable":"","_ibtdi_aa_disable_links":"","_ibtdi_aa_sources":"","_ibtdi_aa_update_notes":"","footnotes":""},"categories":[491],"tags":[20719,20717,20724,20718,20721,20716,20723,20720,20722,20715],"class_list":["post-20869","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-491","tag-20719","tag-20717","tag-20724","tag-20718","tag-20721","tag-20716","tag-20723","tag-20720","tag-20722","tag-20715"],"_links":{"self":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/20869","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/comments?post=20869"}],"version-history":[{"count":0,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/posts\/20869\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media\/20870"}],"wp:attachment":[{"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/media?parent=20869"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/categories?post=20869"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ibtdi.com\/en\/wp-json\/wp\/v2\/tags?post=20869"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}