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Ahmed Seddiqi & Sons and HAMG acquire Al Manara Jewellery of Abu Dhabi

Today, Ahmed Seddiqi & Sons completed the acquisition of Al Manara Jewellery of Abu Dhabi.

The UAE's leading timepiece retailer announced in a statement their partnership with HAMG, a diversified investment company headquartered in Abu Dhabi in acquiring Al Manara Jewellery.

The move came as a result of a strategic business partnership between the two companies who aligned their strategy with Abu Dhabi given the market is well on its way to providing world-class retail experience for the capital’s savvy luxury enthusiasts.

“The acquisition was a strategic decision for Ahmed Seddiqi & Sons and the partnership with HAMG in Abu Dhabi was a natural fit given their experience in the luxury sector and the synergies brought to the partnership which will accrue to Al Manara International Jewellery,” says Abdul Hamied Seddiqi - Vice-Chairman, Ahmed Seddiqi & Sons and Chairman of the Board of Directors at Al Manara International Jewellery.

Hasan Abdullah Mohamed, Vice Chairman of the Board of Directors at Al Manara International Jewellery said:  “HAMG believes in long term investments, ensuring all partnerships are built and fostered with the right values, preserving the identities and uniqueness of all ventures. We trust that Ahmed Seddiqi & Sons, the region’s leading luxury Swiss watch retailer, will fully complement Al Manara International Jewellery’s positioning within the Abu Dhabi community, further enabling its distinguished and loyal clientele to benefit from an expansion of the brand lines and locations.”

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