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Saudi retailer Alhokair net up 39pcSaudi fashion retail giant Fawaz Abdulaziz Alhokair Company has registered a SR619.69 million ($165 million) net profit for the first quarter, up 38.5 per cent compared to SR447.38 million last year. Alhokair, which specialises in cloth More… |
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Alhokair mulls expansionSaudi-based retailer Fawaz Abdulaziz Alhokair Co said on Sunday its board has approved an expansion plan that covers Kazakhstan and could eventually involve Egypt, Jordan and the UAE. 'This step fulfils the board's desire to increa More… |
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Savola gets clearance for Geant buySaudi-based Savola Group has obtained anti-trust approval to buy all Geant supermarkets owned by private Fawaz Alhokair Group. The Saudi Competitiveness Board approved the acquisition whose cost was estimated at 440 million riyals ($117.3 More… |
