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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
BANK Aljazira gains new awards during the 4th Islamic Retail Banking Awards Ceremony held in Dubai. The two prestigious awards received were: Critics Choice for Best Islamic Digital Banking and Criti
Emaar, the biggest developer, has signed a memorandum of understanding (MoU) to explore collaboration opportunities with TikTok, the leading global destination for short-form mobile videos.
The Gulf Today
Saudi Aramco announced on Wednesday that it is establishing a fuel retailing subsidiary. The new company, Saudi Aramco Retail Company (RetailCo), will focus on expanding the network of domestic fuel
Saudi-based Acwa Power has won a contract to develop Rabigh 3, the world’s largest independent water desalination plant (IWP) located on the Red Sea coast, further expanding its desalination capacity
Oman-based Bank Sohar, as it was formerly known, recently rebranded to ‘Sohar International’ as part of its new vision to become a world-leading Omani service company.
It unveiled the new