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Latest news about Supermarket Chain Results 1-4 of 44

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Supermarket chain plans UAE expansion :: Zinza

Supermarket chain plans UAE expansion

 - Arabian Business
Jul 29, 2009

A supermarket chain which caters primarily to the 2.5 million south Asian expats in the UAE has announced plans for a major expansion of stores. Al Adil Supermarkets said on Wednesday that it will be opening four new retail outlets this year, taking its tally to 10 by the end of this year. The » more

Supermarket chain fights germs with sanitising gel for customers

 - The National
Aug 29, 2009

Dubai // The handle of a supermarket trolley can hold almost 10 times more germs than anything else touched in an average day. That alarming fact inspired Aswaaq Supermarkets to install hand sanitiser gel at the entrances to its stores last week. The company is urging customers to start their shop » more

UAE supermarket chain in trolley health move :: Zinza

UAE supermarket chain in trolley health move

 - Arabian Business
Aug 27, 2009

UAE supermarket chain Aswaq has installed hand sanitiser units at the trolley section of all its stores to combat the spread of viruses. The chain, which is spearheading the Dubai government’s efforts to attract more Emiratis into the retail sector, has placed the sanitisers next to the trolleys so » more

Al-Othaim to launch supermarket chain in Egypt, North Africa

 - bi-me
Jun 10, 2009

EGYPT. Saudi retail chain Abdullah Al-Othaim Markets Co is eyeing expansion abroad, with Egypt its first target, and will add 20 outlets in Saudi Arabia by the end of 2010, its top executive said. Othaim will also announce this year a plan to tap into traditional no-frills grocery stores, which » more

Sun powers retail applications for supermarket chain Al Othaim

 - bi-me
Jun 2, 2009

SAUDI ARABIA. Saudi Arabia's Al Othaim Markets has turned to Sun Microsystems to deploy an IT infrastructure to run its Oracle E-Business Suite (EBS) and a comprehensive set of Oracle Retail merchandising, planning, supply chain and stores applications, which was procured in order to manage » more

Company results, data lead Wall St higher

 - Maktoob Business
Feb 18, 2010

NEW YORK - Stronger-than-expected corporate results and upbeat economic data drove U.S. stocks higher on Wednesday as they fed expectations the recovery will bolster corporate profits. Deere & Co, the world's largest farm equipment maker, led markets after its results beat expectations and it » more

Hospital poised for first UK sukuk issuance :: Zinza

Hospital poised for first UK sukuk issuance

 - Arabian Business
Feb 26, 2010

zoom A London-based private healthcare organisation is set to issue the first-ever Islamic bond in Britain next month, a transaction that would strengthen the UK's credentials as a centre for Islamic finance. The firm is looking to raise around 50 million pounds ($77m) through an Ijarah sukuk as » more

Savola sells storage facility for $80 mln

 - Maktoob Business
Jan 3, 2010

DUBAI - Savola Group Co, Saudi Arabia's largest food company, said Sunday it entered in a sale and leaseback deal with Al Rajhi Capital worth 299 million Saudi riyals ($79.73 million) covering its supermarket chain's main warehouse in Riyadh. The deal will generate SAR55 million in capital gains » more

Saudi's Savola Group posts Q4 profit boost :: Zinza

Saudi's Savola Group posts Q4 profit boost

 - Arabian Business
Jan 18, 2010

Saudi conglomerate Savola Group posted on Monday a better-than-expected net profit for the fourth-quarter and said it would raise its net operating income by 8.1 percent in 2010. Savola made a net profit of SR269 million ($71.7 million) in the three months to end-December compared to a loss of » more

Service sector is waiting for Emiratis seeking opportunity

 - The National
Dec 1, 2009

Visitors to this country encounter a wide range of nationalities, from Pakistani taxi drivers to Filipina hotel workers and Indian restaurant staff, among many more. But rarely will they meet an Emirati in the service sector. Low wages and even lower prestige have led to extremely slow » more

Savola completes Geant purchase

 - Maktoob Business
Oct 13, 2009

RIYADH - Saudi Savola Group said on Monday its retail arm has completed the purchase of some assets held by supermarket chain Geant Saudi Arabia for cash and stock, in its second retail acquisition since 2008. Al-Azizia Panda, 80 percent owned by Savola, bought the unspecified assets from Fawaz » more

Saudi Savola completes Geant purchase deal

 - The Peninsula
Oct 13, 2009

RIYADH: Saudi Savola Group said yesterday its retail arm has completed the purchase of some assets held by supermarket chain Geant Saudi Arabia for cash and stock, in its second retail acquisition since 2008. Al Azizia Panda, 80 percent owned by Savola, bought the unspecified assets from Fawaz » more

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