Saturday 18 November 2017
 
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Saudi retailer

Saudi retailer eXtra opens new store in Riyadh

Saudi-based United Electronics Company (eXtra) has announced the opening of its ninth store in capital Riyadh, thus taking the total numbers of its outlets in the GCC region to 43. Set up in 2003, the Saudi retailer is now a leadi

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Saudi retailer eXtra opens new store in Riyadh

Saudi-based United Electronics Company (eXtra) has announced the opening of its ninth store in capital Riyadh, thus taking the total numbers of its outlets in the GCC region to 43. Set up in 2003, the Saudi retailer is now a leadi

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Saudi retailer Jarir Q2 profit plunges 17pc

Jarir Marketing, one of Saudi Arabia's largest retailers by market value, missed analysts' estimates on Tuesday as it posted a 17 per cent fall in second-quarter net profit amid a decrease in sales of computers and office supplies.

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Saudi retailer Jarir Q2 profit plunges 17pc

Jarir Marketing, one of Saudi Arabia's largest retailers by market value, missed analysts' estimates on Tuesday as it posted a 17 per cent fall in second-quarter net profit amid a decrease in sales of computers and office supplies.

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Saudi bookstore pulls Trump books from shelves

Saudi Arabia-based retail chain Jarir Bookstore has removed books written by US presidential candidate Donald Trump from its shelves, it said on Tuesday, part of a backlash against his proposal to stop Muslims from entering the US.

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Saudi retailer plans $38m Egypt expansion

Saudi Arabia’s Abdullah Al-Othaim Markets Company plans to invest SR144 million ($38.4 million) in expansion in Egypt, opening new foodstuff retail and wholesale stores, a report said. The company’s commercial operatio

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Saudi retailer Jarir records 14pc Q2 profit

Jarir Marketing, Saudi Arabia's second-largest retailer by market value, said it has posted a 14.6 per cent rise in second-quarter net profit, falling slightly short of analysts' forecasts. It made a net profit of SR154.9

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Saudi retailer Jarir records 14pc Q2 profit

Jarir Marketing, Saudi Arabia's second-largest retailer by market value, said it has posted a 14.6 per cent rise in second-quarter net profit, falling slightly short of analysts' forecasts. It made a net profit of SR154.9

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Saudi retailer Alhokair in debut sukuk issue

Saudi Arabian retailer Fawaz Abdulaziz Alhokair Company has completed a 500 million riyal ($133 million), five-year sukuk issue, its first issue of an Islamic bond, the company said in a bourse filing on Wednesday. Alhokair, which

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Alhokair signs $267m Islamic loan

Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co has signed a 1 billion riyal ($266.6 million) Islamic loan maturing in March 2021, it said on Thursday, to help repay loans and fund expansion. The loan is repayable by semi-annua

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