Abdullah Al Othaim Markets Company [4001.SE] announced the opening of its newest branch in Cairo, Egypt, marking the company’s 34th location in the country. The store covers a retail area of 500sqm. This is part of the company’s plan to expand outside KSA.
Al Othaim: SAR119.14 as of 14 Dec. 2017, Rating: Buy, TP: SAR130.00/share, MCap: USD1,430mn, AOTHAIM AB/4001.SE
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