Abdullah Al Othaim Markets Company (4001.SE) announced the opening of its newest branch in Egypt, marking the company’s 10th location in the country. The store covers a retail area of 2,000sqm and is located in Al Haram. This is part of the company’s expansion strategy outside Saudi Arabia, with the company planning to open more stores in Egypt in 2016. (Argaam) Al Othaim: SAR83.58 as of 24 October 2016, Rating: Buy, FV: SAR127.00 per share, MCap: USD1,003 million, AOTHAIM AB / 4001.SE
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