MEAMARKETS / APRIL 2017 19 , IDGlobal is a privately-owned Saudi Arabian commercial conglomerate based in the Kingdomof Saudi Arabia. We invitedMr. Mohammed Firoze Asad, Executive Vice President-Investments, to tell us more about the firmand the services it offers. Best Menswear Company – GCC & Most Innovative Product Design: RSM MAB17011 ID Global focuses on the Saudi Men’s fashion “SHEMAG” brand, as well as investments in other countries to compliment the core business. Mr. Asad outlines how diversification is central to the firm’s approach as it seeks to offer clients the very best choice in men’s fashion and other verticles. “Here at ID Global, our philosophy has always been to go beyond customers’ expectations. To achieve this, we believe in diversification, and as such we have 37 brands of our own, catering from the premier category to all the age groups of the population. We have a unique patent that we have acquired called “RSM” and are always looking at developing new opportunities. We are also the exclusive distributers of Dunhill brand for “Shemagh” for the entire GCC.” Currently, the Saudi Arabia business market is undergoing changes, as members such as ID Global work hard to abide with the new governmental regulations of new custom tariffs, introduction of VAT and IFRS. Despite the issues these pose, ID Global view these as a positive development for the overall market, and looking ahead Mr. Asad believes that the firm has a bright and prosperous future ahead. “Overall, ID Global are a major player in the Saudi Men’s Fashion Segment. Recently we are also in the process of a major acquisition in the Saudi Men’s fashion and we will be announcing and having an official launch soon. We are also diversifying our financial investment portfolio in EU, China and Canada in order to grow and build upon our current success.” Company Contact: Mohammed Firoze Asad Contact Email:
[email protected] Address: P.O. Box 136029, Jeddah, 21313, Saudi Arabia Phone: +966 12 6617207 x 102 Website: www.idglobal.com.sa “With the Saudi Government newly introduced vision 2030, which Diyar fully supports, we forecast there will come new growth opportunities in the Construction Industry. Sectors including religious tourism, the second biggest contributor to the Saudi economy, will see an increase in the number of foreign Umrah visitors’ annual capacity to 15 million by 2020 and 30 million by 2030. This will also generate a significant increase in the hospitality industry, doubling the existing room’s capacity. The government’s White Land Tax initiative, another initiative under Vision 2030, meant to create affordable housing in highly urbanized living, will further create windows of opportunity for the Construction Industry. “In order to capitalise on this growth, we always aim to offer the most cutting edge services to our clients. Diyar has always been ahead of the market in terms of employing latest technologies and practices in the Architecture & Engineering profession, keeping us well ahead. We implemented LEED concepts even before its broad introduction in the Saudi market back in 2004 for which we received the “Architecture+ Awards 2004 — Design for a New World” award in the offices, retail and commercial category. We shifted before the common trend of traditional building design, largely reliant upon two- dimensional technical drawings, to BIM processes, creating better margins for projects to be completed in Revit technology. “This has led us to offer cost savings, higher quality, and client satisfaction. Our unique experience of delivering on “rush” design-build projects on a range of projects like healthcare, hotels & resorts, commercial, residential, retail, educational, institutional, mission critical facilities, and warehouses keeps placing us ahead of the increasing number of ¬other regional A&E firms. Diyar’s growing experience and increasing areas of expertise has allowed us to remain flexible and open to the ever evolving requirements of our clients. Our clients appreciate the fast-delivery, reliability, convenience and quality provided through the single source of responsibility approach.” Looking to the future, this dedication to innovation will remain Diyar’s ongoing focus, as Donald concludes. “Since inception Diyar has remained to be an entrepreneurial firm that is rich in knowledge as well as resources. Our current projects in the region are a testament to our uniqueness, believing strongly that we are an obvious choice for many clients and internationals partners, keeping Diyar strong and leading us to a promising bright future ahead. Though there are challenges of increased operating costs, from new regulations in the Saudi market and even regionally, we are continuously working to stay a step ahead to adapt to these changing times and have employed a multi-pronged strategy.” Company: Saudi Diyar Consultants Architects & Engineers Email:
[email protected] Address: 24 North Jeddah, Prince Sultan Street, P.O. Box 19413, Jeddah 23615, Saudi Arabia Website: www.diyar.com