Fitaihi Holding Group

Fitaihi Holding Group is a Saudi joint-stock company, established in 1992, with a capital of SAR275 million, according to the company's data as of August 2023. Its headquarters are located in Jeddah City. Its activities focus on manufacturing and trading luxury items synonymous with jewelry and household goods, along with investments in medical, industrial, and retail sectors. It has been listed on the Saudi Stock Exchange 'Tadawul' since 2000, within the main market under the trading symbol 4180.

The main activities of Fitaihi Holding Group include managing its subsidiaries or participating in the management of other companies it invests in, providing necessary support, investing its funds in stocks and other securities, and owning real estate and movable property necessary for its operations. The group's primary activities are focused on two main sectors: investment and retail.

The investment sector of Fitaihi Holding Group focuses on investing in the healthcare sector through International Medical Center, and in the industrial sector through investing in Eastern Textile Company. Meanwhile, its retail sector operates through Fitaihi Retail Company. The retail activities include trading in luxury products such as gold, jewelry, watches, antiques, gifts, chinaware, crystalware, silver-plated items, accessories, chocolates, and bed linens.

Fitaihi Holding Group contributes 19.34 percent to the International Medical Center, which was inaugurated in 2006. In 2011, the center became the first establishment in the Kingdom to join the United Nations Global Compact on responsible administrative practices and to issue its first report on social responsibility, which was classified as grade (A) by the Global Reporting Initiative (GRI) of the United Nations. The International Medical Center became the first healthcare establishment in the Kingdom and the world to receive this classification. Consequently, it was selected for the King Khalid Responsible Competitiveness Award as part of the Saudi Competitiveness Index for the same year.

As part of the restructuring of Fitaihi Holding Group's activities, the Group established Saudi Tawteen Company for Maintenance and Operation "a limited liability company", with an indirect 100 percent ownership. The company is set to work in the field of providing general maintenance services, air conditioning maintenance, computer maintenance, cleaning, and operation for factories, companies, buildings, and shops, as well as maintenance of machinery, equipment, vehicles, and devices. The company has not yet commenced its activities.