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10-Sep-2017

Al Othaim opens its 29th store in Egypt

Abdullah Al Othaim Markets Company (4001.SE) announced the opening of its newest branch in Egypt marking the company’s 29th location in the country. The store covers a retail area of 600sqm and is located in Giza. This is part of the company’s plan to expand outside KSA.  


Al Othaim: SAR122.20 as of 07 Sep 2017, Rating: Buy, TP: SAR130.00/share, MCap: USD1,466mn, AOTHAIM AB/4001.SE

 

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