Al-Othaim Markets adds 18 branches as it plans $226m stake sale of investment arm

RIYADH: Al-Othaim Markets added 18 branches in the first half of 2022 as it prepares to sell its entire stake in its investment firm for SR846 million ($226 million), Vice Chairman Bader Al-Aujan told CNBC Arabia. The opening of the new branches led to the Saudi retail giant incurring expenses of SR70 million in the first half of the year. Al-Othaim has already accepted the

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