DURING THE PAST FOUR DECADES, AMIDT GROUP HAS LARGELY FOCUSED ON THE PRODUCTION, SOURCING AND MARKETING OF METALS, MINERALS, SYNTHETIC AND SCRAP MATERIALS. HOWEVER, WE HAVE EVOLVED NATURALLY OVER TIME INTO A FAR MORE DIVERSIFIED GROUP OF COMPANIES THAT HAVE BROUGHT OUR STRATEGIC INFLUENCE TO BEAR IN MULTIPLE NEW MARKETS, INCLUDING RETAIL, HOSPITALITY, ENTERTAINMENT, ARTS & ANTIQUES, REAL ESTATE AND CONSTRUCTION. YET, DESPITE OUR EXPANDED FOCUS, THE GROUP IS STILL AS COMMITTED AS EVER TO PURSUING THE DEVELOPMENT OF COMMERCIAL AND INDUSTRIAL ACTIVITIES THAT LEAD TO FINANCIAL STABILITY AND THEREBY ATTRACT FOREIGN INVESTMENT.
As we enter this exciting new phase of our development, AMIDT will continue pursuing selective strategic acquisitions from our expanded pool of industries while building mutually beneficial alliances with the major players in each business sector with the aim of creating even greater value through our acquisitions over the long term. As we look toward the future, scanning the horizon for opportunities, we will continue to support the investment requirements of our subsidiaries even as we develop and follow an expansion plan that meets or exceeds our internal criteria.
As has always been our practice, each investment opportunity in a commercial or industrial asset will continue to be evaluated on an individual basis. Similarly, all new ventures will be carefully examined for their potential to benefit from the group's approach to achieving critical mass in the relevant market and their ability to support AMIDT’s corporate philosophy of establishing long-term relationships with trading partners, financial institutions and governments.
The underlying philosophy of AMIDT Group's approach is to utilize our combined financial strength and unique partnership structure to assess, build and ultimately realize the commercial potential of assets in markets where we have a comprehensive understanding of what influences value. To this end, we plan to continue putting forth a concentrated effort to become the unrivalled leader in these well-understood markets. And as our knowledge of various additional markets continues to grow, as it inevitably will, we plan to look toward these new horizons as opportunities to extend our influence still further.
AMIDT’s ultimate vision is to take our place among the top five companies in the Middle East. To do that, we must become the undisputed leader in all the business sectors in which we operate. Because we recognize the key role that our industry expert partners play in the successful development of each business segment, one of the primary strategies in our move toward fulfilling our vision has been to develop strategic alliances with the key players in each business sector. In our ongoing bid to realize this all-important goal, we will continue our current strategy of tapping the cutting-edge technologies, futuristic innovations and top-level business acumen that have become the hallmark of our operations.