Abdullah Al Othaim Markets Co. [4001.SE] announced that it has opened its 40th branch (covering an area of 550sqm) in Cairo’s Zaytoon neighbourhood. The company also opened its 198th store Riyadh on Al Sahaba Road. These new additions come as part of the company's strategic plan to expand inside and outside the Kingdom.
Al Othaim: SAR173.4 as of 22 Apr. 2018, Rating: Buy, TP: SAR180.00/share, MCap: USD2,081mn, AOTHAIM AB/4001.SE
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