RIYADH: Saudi franchise retailer Cenomi Retail plans to divest 26 non-strategic brands as part of the strategy to rationalize its brand portfolio, the company said in a Tadawul filing. Formally known as Fawaz Abdulaziz Alhokair & Co., the Riyadh-based firm said it wants to focus on “Champion Brands” occupying the number one or two positions in their sectors. In the first phase
Cenomi, Saudi Arabia’s largest vertically integrated retail and lifestyle ecosystem, has appointed three new chief technology and information officers dedicated to the implementation of world-class digital technology infrastructure. The appointment of three new CTIOs at Cenomi Group, Cenomi Centers and Cenomi Retail, further emphasizes the company’s commitment to adopting
Adfolks, a UAE-based engineering services firm, announced that it has seen a 300% increase in cloud consumption by companies in the UAE and wider GCC region since 2020.