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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
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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 Nizwa, represented by two of its Board Members, Sami Al Dhugishi and Ishaq Al Maouli along with Chief Executive Officer, Khalid Al Kayed, participated in the 2nd Islamic Financial Services Board
Times of Oman
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The Gulf Today
Abu Dhabi National Oil Company for Distribution (Adnoc Distribution) has reported that net profit for the six months ended June 30, 2018, increased by 18 per cent to Dh1.124 billion ($306 million) co