What originally began as a small local company called Gettco Trading, initiated by a young Qatari with a modest start-up capital, has become a worldwide, multi-million dollar enterprise with an extensive range of business activities. That modest entity is now under a major holding company initiated by the same Qatari, Sheikh Faisal Bin Qassim Al Thani, who has become one of Qatar’s private sector’s economic pillars.
The small automobile spare parts business that started four decades ago has now grown into a big local player with a large number of diverse consumers, involved in real estate, commercial and industrial activities undertaken by over 20 well established and successful companies that operate under the umbrella of Al Faisal Holding.
“It has been an exciting experience to witness the remarkable economic development of Qatar.”
To exceed expectations every time and place we interact.
An organization where the highest caliber of business resources and professionals come together and leading Qatar with a world class international investment community.
Al Jazi Real Estate
Al Jazi Real Estate is one of the leading real estate companies in Qatar, offering high-standard housing and commercial solutions and located in prime locations in Doha.
STAMFORD, CT and QATAR, DOHA – 22 January 2014 – Starwood Hotels & Resorts Worldwide, Inc. (NYSE:HOT) and Al Rayyan Tourism Investment Company (”ARTIC”), the international hospitality subsidiary of Al Faisal Holding Company, one of Qatar’s largest private diversified industry groups, today announced that ARTIC has acquired The St. Regis Bal Harbour Resort in Miami, Florida for $213 million. The property will continue to be managed under a long-term agreement by Starwood Hotels and also continue to fly the St. Regis flag.