Abo Moati temporarily closes all wholesales stores

07/04/2020 Argaam

 

Abdulla Saad Abo Moati for Bookstore Co. (Abo Moati) temporarily closed all wholesale stores located in Riyadh, Jeddah and Dammam, effective from today, April 7, 2020, until further notice.

 

The company said in a statement to Tadawul that the move came in line with the Kingdom's precautionary measures to curb the COVID-19 outbreak.

 

On March 23, the company announced a temporary closure of all showrooms until further notice.

 

The company further noted that it is difficult to determine the financial impact at present, adding that any further development will be disclosed in due course.

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