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FIESTA
Fiesta Group is a Dubai-based international investment holding company, Known in the Mena Region market for its story of success that started from Beirut in the year 1994. It is also recognized as an innovative business incubator that has earned an unsurpassed reputation courtesy of its uncompromising quality and innate professionalism.
ABOUT FIESTA HOLDING
Fiesta Holding serves as a conglomerate of subsidiaries, spanning diverse industries with equally wide-ranging products and services, each supported by a global network of strategic partners and associates. Our subsidiaries are all recognized as pioneers within their respective industries, ensuring that Fiesta Holding now represents the ideal business partners for multinational corporations, governments, and entrepreneurs who seek to develop and nurture a new company. The Group's business policy is based on a tactical and proven combination of investment planning and diversifying the business models, opportunity assessment, project initiation, execution and management, the introduction of innovative ideas and techniques.
With three decades of presence and growth in the region, Fiesta Holding has been recently the umbrella for a group of companies, established in United Arab Emirates and Kingdome of Saudi Arabia, that are pioneers in their fields and industries,… themed Construction – Contracting – Real estate – Architecture – Event Management – Event logistic services – Entertainment – Tourism – Graphic design & Media – Fireworks – Hospitality – Food & Beverage, … and has consistently attracted the best workforce and customers. One of the key reasons for our inspiring growth has been a firmly laid out vision. Single-mindedly focused on the big picture, Fiesta Holding has today grown to become a promising business group in the region. Our values constantly remind us of our vision and drive us forward to achieve new milestones across all the industries and businesses we operate in. Trust and confidence feature highly in all of our relationships. Our mission is to provide clients with the best services by increasing the business competencies of subsidiary companies – developing networks between subsidiaries, prospective subsidiaries, and business partners, whilst supporting good business principles and corporate governance to enhance the competence and credibility of Fiesta Holding and its subsidiaries. FIESTA HOLDING aims at making every single business opportunity a valuable relation providing our customers with the latest products of the industry. Looking forward to providing you with our professional services, quality products, and reliable support. Dealing with your business is our pleasure, being your partner in success is our identity.
Guided by relentless focus on our core principles, we will constantly strive to implement the critical initiatives required to achieve our vision as well to maximize the value of the Company and aim for sustainable growth by sharing the Company’s strategies with each company, moving forward together in the same direction. Our mission is to carry out investments projects in the domestic and international markets in accordance with the highest global quality standards, guided by the principles of professional ethics. We draw on our strong team experience and the network of our principal investors. Fiesta Group Holding aims to invest in and build a portfolio of sustainable investments, driven by established goals to build shareholder value, mindful of its social, economic and environmental responsibilities, as it remains to be committed to integrity, honesty and fairness in all dealings.
Our vision is to contribute to the sustainable development of Middle East and GCC economy by building market businesses through our focused approach. Professional integrity in all our financial and business matters constitutes one of our core strengths. We believe in developing strong partnerships with local businesses. Our commitment to our partners is a core component of our success, and we continually focus on nurturing them with trust and disciplined business practices. Our vision is to contribute to the sustainable development of Middle East and GCC economies by building market-leading businesses through our focused approach, and continuous enhancement of our shareholders’ value.
1. Integrity and Transparency.
We will conduct all business transactions to the highest ethical standards, always living up to commitments.
2. Humility and Perseverance.
We will always live up to the core values of humility and perseverance. Success will not lead to arrogance or overconfidence and setbacks will be met with perseverance and determination.
3. Communication.
We hold ourselves accountable to our partners and every distinguished member in our group of companies. and sincerely accept their opinions, reflecting them in our corporate management.
4. Financial Discipline.
We will continue to live up to our principles of financial discipline. This will be achieved through a solid commitment to keeping the Group’s entities well capitalized, maintaining a conservative financial leverage strategy and making sure all commitments are met on time.
FIESTA’S STORY OF SUCCESS
Spring of 1994, second-year architecture…, Wissam El Akkawi didn’t realize that a coincidence could be the beginning of a journey filled with adventure, sacrifice, and ensured with success. The beginning was with a simple manual balloons printing machine bought from a friend who carried it all the way from Iraq after the war.
He managed between his studies and architectural projects to advertise his humble project between companies who preferred this item and thought of it as a good promotional idea.
He advanced his projects and entered the wholesale market with stands developed to carry the packages of “Fiesta balloons”, the first trademark and product launched, and it was a good idea and a successful start. The Lebanese Supermarkets were the first customers.
The 3rd of July 1997, witnessed a new development. His first intuition of buying the Helium gas cylinder and decorate with balloons a family wedding that took place in Al Meshref club opened a new path in the event industry and pushed Fiesta to the next step.
In the year 1998, Wissam El Akkawi graduated as an Architect with honor and before he got enrolled in the military service, he headed to Chicago to enroll in the balloon IBAC decorating training program and then to Malaysia searching for latex balloon sources.
During June of the same year, and during the military service, he opened the first Balloons shop in Beirut.
And from that day onwards things got carried on …The achievements and the accomplishments keep on happening as long as our ambitions are limitless. Fiesta is a success story that motivates and encourages a lot of ambitious people who decided to take matters into their hands and see what faith has made for them.
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