Seddiqi Holding
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| ISIN | 🆔 |
|---|---|
| Founded 📆 | 1950 |
| Founder 👔 | Ahmed Qassim Seddiqi |
| Headquarters 🏙️ | Dubai, The United Arab Emirates |
Area served 🗺️ | |
Key people |
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| Members | |
Number of employees | |
| 🌐 Website | https://www.seddiqi.com/ |
| 📇 Address | |
| 📞 telephone | |
Seddiqi Holding Group (Arabic: مجموعة صديقي القابضة), is an Emirati holding company that comprises of a number of sectors including Ahmed Seddiqi and Sons, one of the oldest businesses in the UAE. It was founded in 1950 by Ahmed Qassim Seddiqi, who opened his first store in Bur Dubai. Seddiqi Holding now has over 50 boutiques spread across the United Arab Emirates. Since its inception nearly seventy years ago, the group has remained an exclusively family business, providing Swiss watches and representing more than 60 international brands in the luxury watches and jewelry sector.
History[edit]
During the early fifties, Ahmed Qasim Seddiqi, the only son of Qassim Seddiqi, who is passionate about collecting Swiss watches, opened his first small cabinet in Bur Dubai, United Arab Emirates and began purchasing small quantities of watches from West End watch dealers in Kuwait and India.[1][2][3]
The relationship between Seddiqi’s family and the Swiss company, Rolex, began in the 1950s, when they dealt with the Swiss company’s agent in Bahrain. Ahmed Seddiqi acquired the Rolex watch agency in Dubai and the Northern Emirates by the 1960s. The agency relationship between the two companies continues to this day. Now, Seddiqi Holding has acquired over 50 of the world’s leading watch brands, including Patek Philippe, Helot Chopard, and others.[4][5]
In 2012, after the two companies developed a relationship, the Swiss company allowed Seddiqi Holding to use its commercial name for the first time in history on a 63-story building called the Rolex Tower, located on Sheikh Zayed Road, and owned by Seddiqi Holding Group.[4][6]
2007[edit]
In 2007, Seddiqi became a holding group to consolidate the existing family businesses. The business units include “Ahmed Seddiqi & Sons ” which specializes in retail and it is the largest unit within the group, "Seddiqi Properties", “Swiss Watch Services”[7], "Dubai Watch Week"[8], "Mizzen", the latest retail division of the company.[9][10]
After Ahmed Qassim Seddiqi passed away, his son, Ibrahim Seddiqi, took over the mission of expanding the Ahmed Seddiqi & Sons Company. In 1964, Ahmed Seddiqi & Sons Company became the first to establish the after-sales center “Swiss Watch Service” and opened its second store in 1967. Two years later, the company held its first watch exhibition at Dubai International Airport which was attended by Sheikh Maktoum bin Rashid Al Maktoum.[1]
Key people[edit]
List of some key people in Seddiqi’s family:[11]
- Ahmed Qassim Seddiqi, founder of Ahmed Seddiqi & Sons Company
- Abdul Hameed Seddiqi, Vice Chairman
- Mohammed Abdulmagied Seddiqi, Chief Commercial Officer
- Osama Ibrahim Seddiqi, Senior Vice President of Finance and Operations
- Hind Abdel Hamid Seddiqi, Chief Marketing & Communications Officer
- Hassan Abdul Majeed Seddiqi, Vice President of Human Resources
Brands and Boutiques[edit]
A List of some of Seddiqi’s partnerships with world’s leading watch brands and boutiques:[11][5]
Brands[edit]
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1950 1960 1970 1972
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1980 1985 1988
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1990 1992 1994
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2006
2010
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Boutiques[edit]
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1956
1964
1965
1993
1998
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1999
2008
2009
2010
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References[edit]
- ↑ 1.0 1.1 "نشأة أحمد صديقي وأولاده | مشاهدة المعرض". web.archive.org. 2021-10-17. Retrieved 2021-12-07.
- ↑ None. "Abdul Hamied: Man of the Hour". Khaleej Times. Retrieved 2021-12-07.
- ↑ Mansoor, Zainab (2020-01-30). "A business for generations". Gulf Business. Retrieved 2021-12-07.
- ↑ 4.0 4.1 Magazine, Tharawat (2012-02-01). "Ahmed Seddiqi & Sons: A Family History of Precision". Tharawat Magazine. Retrieved 2021-12-07.
- ↑ 5.0 5.1 Editor (2016-08-17). "أحمد صديقي وأولاده". سرد الشركات العائلية. Retrieved 2021-12-07.
- ↑ "Seddiqi Holding - Overview, Competitors, and Employees". Apollo.io. Retrieved 2021-12-07.
- ↑ Watchonista (2018-05-07). "An Inside Look at Dubai's Swiss Watch Services by Ahmed Seddiqi & Sons". Watchonista. Retrieved 2021-12-09.
- ↑ "A guide to Dubai Watch Week: timepieces, food, workshops and will.i.am". The National. 2021-11-24. Retrieved 2021-12-09.
- ↑ "عبد الحميد أحمد صديقي: شيخ الساعات | تجزئة | أريبيان بزنس". web.archive.org. 2013-11-13. Retrieved 2021-12-07.
- ↑ "The Growth Of Seddiqi Holding". A&E Magazine. 2019-01-01. Retrieved 2021-12-09.
- ↑ 11.0 11.1 "أحمد صديقي وأولاده - سرد الشركات العائلية". web.archive.org. 2021-10-17. Retrieved 2021-12-07.
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