GulfBase Live Support
United Electronics Company (eXtra) announces the opening of its ninth Branch in Riyadh, bringing the total numbers of eXtra stores to Forty Three in GCC.
Extra CEO Mr. Mohammed Galal said (we are assured that our Company is working according to a clear strategy for expansion, to be more closer to its customers, Our ongoing investment in expansion by opening new stores or developing the E-commerce platform (extra.com) is based on well study and understanding of the market and customers demand, the new store in Riyadh with a selling area of 1,550 square meters is a new step towards our long term strategy of development and expansion), The total investment in the new store reached SR12 million and the financial impact of this new store will start in the 4th quarter of this year.
eXtra (United Electronics Company) has entered into a Memorandum of Understanding (MOU) with Mohammad Yousuf Sager & Co., about its intention to acquire 51% of the company. The basic conditions of th
Saudi Arabia-based technology and consumer electronics retailer eXtra has named Abdulhameed Abdulaziz Al Ohali as CEO. The appointment follows the resignation of previous CEO Karim Al Dahabi for pers
The CMA Board has issued its resolution approving United Electronics Company’s request to increase its capital from SAR (300,000,000) to SAR (360,000,000) through issuing one bonus share for every (5
Dana Gas said on Wednesday its nine months net profit fell to Dh149 million from Dh458 million in the same period last year. However, revenues in the same period rose 6 per cent at Dh351 million. Th
Gains from the acquisition of another district cooling entity helped Tabreed record a 10 per cent net profit growth to Dh319.3 million for the period from January to end of September.
The Abu Dhabi National Oil Company (Adnoc) on Wednesday announced an Dhs5.1 billion ($1.4 billion) investment to upgrade and expand its Bu Hasa field that will increase crude oil production capacity
The Gulf Today
Gulf Capital, one of the largest and most active alternative asset managers in the Middle East, said that its portfolio company, Middle East Glass (MEG), successfully sold a 74 per cent stake in its
audi Aramco yesterday (November 14) hosted a visit by the Board of Directors of US-based National Oilwell Varco (NOV), a leading provider of technology, equipment, and services to the global oil and