Al Othaim Markets (4001.SE) opened two new stores in Egypt in Helwan governorate, South of Cairo, according to Al Jazirah newspaper. The store additions fall in line with previous company guidance to begin operations in Egypt in 1Q2016 and its regional expansion strategy beyond its Saudi home market, according to the company’s CEO, Youssef Al-Gafari. Al Othaim plans to launch more store additions Egypt, given the country’s attractive investment environment, population density, developed infrastructure and government facilities, Al-Gafari added. (Argaam)     Al Othaim: SAR91.88 as of 13 April 2016, Rating: Buy, FV: SAR109.00 per share, MCap: USD1,103 million, AOTHAIM AB / 4001.SE