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01-Aug-2016

Al Othaim opens seventh store in Egypt

Abdullah Al Othaim Markets Company (4001.SE) announced the opening of its newest branch in Giza governorate, marking the company’s seventh location in Egypt. The new branch has a total space of 400 sqm and has a premium location, according to the company’s CEO. (Argaam, Al Riyadh)   Al Othaim: SAR99.00 as of 31 July 2016, Rating: Buy, FV: SAR127.00 per share, MCap: USD1,188mn, AOTHAIM AB / 4001.SE

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