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الحكير : ندرس خيارات مختلفة لتصحيح وضع الخسائر المتراكمة ونركز على الأقسام التي تحقق أعلى نسبة ربح وتنويع علاماتنا التجارية
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Saudi Arabian Giant Alhokair Signs Franchise Deal With Alo Yoga
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Saudi Arabia’s listed retailer Fawaz Abdulaziz Alhokair Group signed two separate franchise agreements with the US and Danish companies to expand its retail portfolio.
The deals are with Danish retailer Flying Tiger Copenhagen and US-based yoga and athleisure brand Alo Yoga, the company said in a statement to the Tadawul stock exchange, where its shares trade.
Flying Tiger Copenhagen is a variety store retailer known for selling a range of products including toys, accessories, stationery and gadgets, while Los Angles-based Alo Yoga sells exercise and yoga-related clothes.
“As the largest retail market in the Middle East, Saudi Arabia is a gateway to the region and an enthusiastic adopter of innovative trends and products,” Marwan Moukarzel, chief executive of Fawaz Abdulaziz Alhokair said on Monday.
Deal Inked to bring Fnac to Saudi Arabia | Retail & Leisure International
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Saudi Arabia: Private Sector Nationalisation Rate Up to 22.75 Percent in Q1 2021 Published April 29th, 2021 - 01:00 GMT
Around 63 percent of subscribers were males, while 37 percent were females. (Shutterstock)
Highlights
Saudi Arabia’s Eastern Province witnesses the most progress in this regard with 25.7 percent
Within the Kingdom’s private sector, the Saudization rate the percentage of workers who are Saudi nationals rose to 22.75 percent in the first quarter of 2021, compared to 20.37 percent during the same period last year.
According to a recent report by the National Labor Observatory (NLO), around 1.84 million Saudi employees have subscribed with the General Organization for Social Insurance (GOSI) in Q1 of 2021.