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Saudi retail giant Savola swings to Q4 net loss

Savola Group, one of Saudi Arabia’s leading retail and food holding companies, has reported a net loss of SR964 million ($257 million) in the fourth quarter of 2016 compared to a net income of SR515 million ($137 million) for the same peri

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Saudi retail giant Savola swings to Q4 net loss

Savola Group, one of Saudi Arabia’s leading retail and food holding companies, has reported a net loss of SR964 million ($257 million) in the fourth quarter of 2016 compared to a net income of SR515 million ($137 million) for the same peri

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Carrefour to open 30,000 sq ft outlet at DIP

Dubai Investments Park (DIP), one of the largest integrated business and residential community in the Middle East, has collaborated with retail giant Carrefour to open a 30,000 sq ft hypermarket inside the complex. Epitomizing the supermar

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Centrepoint Kuwait unveils new collection

Centrepoint, a part of leading retail conglomerate Landmark Group, has launched its spring-summer collection in Kuwait with products across all its other outlets - Juniors, Splash, Shoe Mart and Lifestyle. The new Spring Summer collection

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