RIYADH: BinDawood Holding Co., a leading grocery retail operator of hypermarkets and supermarkets in the Kingdom, announced the approval of its board to establish a fully owned subsidiary, with SR5 million ($1.3 million) capital. Headquartered in Jeddah, the subsidiary will be specialized in providing solutions and technical projects that will help “in capitalizing investment
RIYADH: Saudi stock market indexes opened higher on Sunday, extending the rally as investor optimism was boosted amid a five-day winning streak and a stronger oil market. As of 10:20 a.m. Saudi time, the main index TASI extended gains by 1 percent to reach 12,198 points, and the parallel Nomu market was up 0.4 percent to 26,372 points. This was buoyed by gains in some major
Market index by global consultancy Kearney ranks the Egyptian retail sector 7th globally, boosted by growing investments, improving consumer confidence and digitalisation
The Danube supermarket and hypermarket chain in Saudi Arabia has joined forces with two-time F1 champion Mika Häkkinen in a drive to create awareness about the importance of maintaining a healthy diet. As part of the initiative, Danube Online will launch the “Racing Kitchen” on the Danube App during the upcoming F1 season. The feature will host an array of healthy recipes that
The Danube supermarket and hypermarket chain in Saudi Arabia has joined forces with two-time F1 champion Mika Häkkinen in a drive to create awareness about the importance of maintaining a healthy diet. As part of the initiative, Danube Online will launch the “Racing Kitchen” on the Danube App during the upcoming F1 season. The feature will host an array of healthy recipes that