Abdullah Al Othaim Markets Company [4001.SE] opened a new store in Egypt, bringing its total number of stores in the country to 45. The new store opening comes as part of the company’s strategic plan to expand inside and outside Saudi Arabia.
Al Othaim: SAR70.1 as of 18 Nov. 2018, Rating: Buy, TP: SAR90.00/share, MCap: USD1,682mn, AOTHAIM AB/4001.SE
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