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05-Sep-2016

Al Othaim opens new store in Hail

Abdullah Al Othaim Markets Company [4001.SE] announced the opening of its newest branch in Hail, marking the company’s 156th location in Saudi Arabia. The company targets to open 15 new stores in Saudi in 2016. (Argaam)   Al Othaim: SAR84.56 as of 04 September 2016, Rating: Buy, FV: SAR127.00 per share, MCap: USD1,015mn, AOTHAIM AB / 4001.SE

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