17/04/2025 01:40 AST

Al Meera Consumer Goods Company is strengthening efforts to digitise platforms and expand self-checkout as part of its continued strategies to improve services to customers.

"Looking towards the future, Al Meera's strategy remains centered on enhancing the customer experience by improving service, digitising platforms, expanding self-checkout, and upgrading store aesthetics," said its board report tabled before shareholders at the annual general assembly meeting, which approved the financial results and cash dividends of QR0.85 per share for 2024.

Operationally, the focus would be on increasing efficiency and cost-effectiveness through technological advancements and streamlined processes to ensure operational excellence and deliver superior customer value, it said.

"In line with our continuous ambition to expand the horizons of innovation as a key driver of sustainable growth, we have made significant progress in this direction through a long-term strategy and our ambitious journey toward comprehensive digital transformation," said Al Meera chairman Abdulla Abdulaziz Abdullah Turki al-Subaie in the 2024 report.

During the review period, Al Meera strengthened its market presence both online and offline with its online and home delivery service contributing 5%-6% of total sales.

Over the past year, Al Meera strengthened its position as a leader in advanced retail, continuing to adopt a sustainable innovation strategy with a focus on digital transformation, a focus that led to significant advancements in 2024.

As part of its digital transformation, Al Meera had in 2024 introduced smart shopping carts, the first of their kind in Qatar.

"Following the opening Al Meera Smart, a fully automated, check-out free branch in 2023, the first of its kind in Qatar and the region, we continued to advance our digital retail offering with the launch of smart shopping carts in January 2024, the first in Qatar, further enhancing the in-store experience and reinforcing our commitment to delivering innovative and seamless shopping solutions for our customers," according to al-Subaie.

On the digital end, the company further integrated the SAP system into its operations, building upon the strategic partnership established with the global technology leader in 2023.

This collaboration targets modernising Al Meera's branches and services with advanced cloud solutions, directly contributing to its operational excellence and expansion plans and enhancing the experience for both customers and employees, the board report said.

Alongside its focus on innovation and sustainability, Al Meera remains firmly committed to supporting local industries, bringing together suppliers, businesses, and customers in a celebration of Qatari-made products, driving strong engagement across its store network.

"Through targeted in-store promotions and marketing efforts, Al Meera reaffirmed its dedication to offering locally sourced goods while contributing to the development of Qatar's retail sector," the board said.


Gulf Times

Al Meera's supply chain department wins ISO 9001:2015 certification

22/05/2017

Al Meera Consumer Goods Company's supply chain department has been awarded the ISO 9001:2015 certificate, a first in Qatar's retail sector, by Bureau Veritas Certification Holding SAS UK.

T

Gulf Times

Qatar retailer Al Meera nets $177m sales in Q1

01/05/2017

Qatar-based retail major Al Meera Consumer Goods Company said its sales soared to QR644.1 million ($177 million) in the first quarter compared to QR641 million ($176 million) for the same period last

Trade Arabia

Qatari retailer Al Meera's net profit up 23pc

05/03/2017

Qatar-based retail major Al Meera Consumer Goods Company said its group net profit attributable to equity holders of the parent company for the financial year 2016, surged 23 per cent to QR199.2 mill

Trade Arabia

Ticker Price Volume
MERS Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
QFLS 15.27 -0.02 (-0.14%)
ZHCD 14.41 0.01 (0.06%)
BLDN 1.66 0.12 (7.79%)
MCCS 6.04 -0.04 (-0.66%)
MEZA 3.12 -0.01 (-0.32%)
Dubai firm talabat sets higher growth for 2025 after $121m profit

12/08/2025

The food and retail delivery company Talabat Holding now expects higher growth for full-year 2025 after netting a profit of $121 million in the second quarter.

The company, listed on DFM, al

Gulfnews

Al-Safat Investment announces net profit of KD 4.65 million for H1 2025

12/08/2025

Al-Safat Investment Company announced net profits of KD 4.65 million for the first half of 2025, reflecting a strong financial performance that underscores the success of its strategy to restructure

Kuwait Times

Millennium Hotels, Taiba relaunch two properties in Madinah

12/08/2025

Millennium Hotels and Resorts Middle East & Africa, in partnership with Saudi Forward Hospitality Company Taiba, has announced the relaunch of Millennium Al Aqeeq and Millennium Taiba in Madinah.

Trade Arabia

QNB organises Blue Pledge campaign to protect marine environment

12/08/2025

QNB Group, the largest financial institution in the Middle East and Africa, has organised the QNB Blue Pledge, a global initiative aimed at raising awareness about the importance of preserving the ma

The Peninsula

Heisco consortium lowest bidder for $377m Kuwait water project

12/08/2025

Heavy Engineering Industries and Ship-building Company (Heisco) has announced that its consortium with Indian group VA Tech Wabag has emerged as the lowest bidder for a key desalination project being

Trade Arabia