Retail - Saudi Arabia

SPAR Saudi Arabia Invests In Modern Supermarkets

SPAR Saudi Arabia opened two modern SPAR Supermarkets in January of this year as part of its ongoing investment in retail.

Saudi PIF In Talks To Buy Stake In UAE Supermarket Chain Lulu: Sources

Saudi Arabia's sovereign wealth fund, the Public Investment Fund (PIF), is in early discussions to buy a stake in supermarket chain Lulu Group Internationa...

Russia Ships First Wheat Cargo To Saudi Arabia After Export Door Opens

A symbolic 60,000 tonne cargo of Russian wheat has set sail for Saudi Arabia from a Black Sea port seven months after conditions were set to allo...

Saudi Retailer Fawaz Alhokair Pulls Out Of M&S Franchise Partnership

Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co. has pulled out of its franchise partnership with British store group Marks & Spencer and has en...

Spar Saudi Arabia Opens Two New Stores In Riyadh

Spar Saudi Arabia has announced that it has opened two new supermarkets in the capital city, Riyadh. The stores, located in upper-middle-class suburbs,...

Spar Continues Expansion Into Middle East With New Saudi Stores

Spar International has expanded into the Saudi Arabian retail market, opening three large new stores in the country’s capital, Riyadh. In partners...

Consumer, Retail Stocks Tipped To Unlock Saudi Earnings-Season Gains

Investors looking to back winners in Saudi Arabia’s second-quarter earnings season should focus on consumer and retail companies rather than petroche...

Saudi Arabia Supermarket Chain Al Raya Sale Talks Said To Stall

Talks for the sale of a majority stake in Saudi Arabian supermarket chain Al-Raya For Foodstuff Co. to Dubai-based private equity firms Abraaj Group Ltd. a...

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Saudi Supermarket Owners To Work On Sale Plan

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