Abo Moati opens fifth retail exhibition in Riyadh

09/02/2020 Argaam

 

Abdullah Saad Mohammed Abo Moati for Bookstores Co. (Abo Moati) announced, on Feb. 6, the opening of the fifth retail exhibition under its flagship brand, I-Lahwai, in Riyadh.

 

With an investment of SAR 1.33 million, the exhibition is spread across 230 square meters (sqm) and brings up the number of retail exhibitions to 8 for Abo Moati.

 

The company expects the financial impact from the new exhibition to reflect on the Q1 2020 earnings, it said in a bourse statement.

 

The new opening comes as a part of the expansion plan adopted by Abo Moati in the retail and luxury sector, which saw the previous exhibition opening in the fiscal year 2019 and consisting of more than 4,000 stationary, household and other products.

 

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