The
creation of cultured pearls by the Japanese at the end of
the 1920's dealt a serious blow to the market for the natural
pearl; and the outbreak of World War II caused a catastrophic
disruption of trade routes between the Gulf and India, the
main market for Gulf pearls.
For
the Alfardan’s, the end of World War II was a time to
start fresh, using the knowledge they had of business and
taking advantage of the opportunities provided by the new
oil era.
50
years ago Hussain Alfardan re-established his business starting
with a small jewellery shop and a currency exchange operation.
Later, he was helped by his sons Ali, Fahad, and Omar in rebuilding
the business on a scale that Ibrahim, the founder of the dynasty,
would not have been able to imagine; making it a major player
not only in the Gulf region, but also on the world stage.
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