Friday 31 October 2014
 
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Fawaz Alhokair Group

Spinneys to open hypermarket in Egypt

Spinneys, a premier supermarket retailer, has signed 20-year lease agreement with Egyptian Centres, a company owned by Fawaz Alhokair Group, to open its fourth store in Egypt. The Spinneys will open the 11,000 sq m store, its third in

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Savola in $117m deal to buy Geant supermarkets

Saudi-based Savola Group said it agreed to pay SR440 million ($117.3 million) to buy all Geant supermarkets owned by Fawaz Alhokair Group, absorbing its second retail competitor since 2008. Savola has signed an agreement with the Saudi-bas

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