Fawaz Abdulaziz Alhokair a leading franchise retailer in Saudi Arabia, said its CEO Marwan Moukarzel will be stepping down at the end of the month. He will take on the position of CEO (International) at another Alhokair unit Saudi FAS Holding Company.
RIYADH: The stock market in Saudi Arabia wrapped up the previous trading week with gains, buoyed by higher oil prices. At Thursday’s closing bell, TASI was up 0.4 percent to 13,313 points and Nomu added 0.6 percent to 24,296. Oman and Qatar led the gains in the Gulf, rising 1.6 and 1.5 percent, respectively. Kuwait’s bourse was down, while the Bahraini index ended almost flat.
RIYADH: Saudi stocks opened higher this week, as investors maintained a watchful eye on oil price fluctuations and the possibility of a recession. The main index,TASI, advanced 0.27 percent to hit 13,350 points, while the parallel market, Nomu, gained 0.18 percent to 24,339, at 10:09 a.m. Saudi time. Oil prices settled higher on Friday, with Brent crude closing at $102.78 a
Fawaz Abdulaziz Alhokair Co. “Alhokair”, the leading franchise retailer in Saudi Arabia, announced the opening of the first Flying Tiger Copenhagen store in Riyadh, Saudi Arabia. The launch is a.
"Alhokair is the only listed business of its type in the Middle East, and we currently represent around 85 brands, spanning from womenswear, menswear, kids and babies, department stores, shoes, and accessories, and a series of restaurants and quick service restaurants."