Al Othaim opens seventh store in Egypt

Abdullah Al Othaim Markets Co., a leading supermarket chain in Saudi Arabia, has opened its seventh store in Egypt, Al Riyadh newspaper reported, citing the company’s chief executive Yousef Al-Gafari. 

The new store is located in Giza on a total area of 400 square meters, he said.

Earlier this year, local media reports said Al-Othaim would launch four new outlets in Egypt as part of a strategy to invest SAR 144 million in the country’s foodstuff market.

Al Othaim has plans to open a total of 15 new branches this year.