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Cenomi Centers to operate iconic new Barakah Mall in Makkah zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Cenomi Centers, the largest owner, developer and operator of retail and lifestyle destinations in Saudi Arabia, has completed the second transaction as part of its non-core asset land sale program. The 115,094.89-square-meter plot, located in the Al-Raed district of Riyadh, sold for SR700 million ($187 million) and is the second to be sold as part of the company’s program to ....
RIYADH: Arabian Centers, one of the largest operators of contemporary lifestyle centers in Saudi Arabia, will open two top-rated retail destinations in Riyadh and Jeddah, according to a report in Trade Arabia. Work on the projects, Jawharat Al Riyadh and Jawharat Jeddah, is progressing steadily, and the company claims that these destinations will offer a next-generation retail ....
RIYADH: A Saudi shopping mall was on Friday engulfed in smoke after a blaze broke out in the early hours of the morning. Plumes of smoke could be seen billowing from the Mall of Dhahran in Alkhobar the largest commercial market in the Eastern Province as emergency crews battled to contain the fire. Officials said no one was hurt in the blaze, although a number of animals ....
RIYADH: A unit owned by Saudi retail operator Arabian Centres is establishing a digital consumer microfinance company. According to a bourse filing, FAS Labs Limited Co. has obtained preliminary approval from the central bank to create the SR55 million ($14.65 million) company called FAS Finance. The new unit will leverage the latest technology to offer microfinance solutions ....