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16-Oct-2016

Al Othaim opens new supermarket in Qassim

Abdullah Al Othaim Markets [4001.SE] announced the opening of its newest branch in Uyun Al Jawa in Qassim, marking the company’s 158th location in Saudi Arabia. The company is targeting to open 15 new stores in Saudi Arabia in 2016. (Argaam)   Al Othaim: SAR76.20 as of 13 October 2016, Rating: Buy, FV: SAR127.00 per share, MCap: USD914mn, AOTHAIM AB / 4001.SE  

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