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31-Oct-2016

Al Othaim opens new supermarket in Al Kharj

Abdullah Al Othaim Markets [4001.SE] announced the opening of its newest branch in Al Kharj in Saudi Arabia. The company is targeting to open 15 new stores in Saudi Arabia in 2016. (Argaam)   Al Othaim: SAR82.70 as of 30 October 2016, Rating: Buy, FV: SAR127.00 per share, MCap: USD992mn, AOTHAIM AB / 4001.SE

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