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Argaam Tools ×
New Branches
Overview
The company aims to open a number of new branches in 2023.
Project Information
- retail and trade > General Retailers > Supermarkets and Hypermarkets
- On January 2, 2023, the company announced that it opened a new branch in Ihsaa, bringing the total number of its branches in the Kingdom to 307 and 44 in Egypt.
- On January 16, 2023, the company announced that it opened 3 new branches in Madinah and Bahaa, bringing the total number of its branches in the Kingdom to 310 and 44 in Egypt.
- In Q1 investor presentation, the company revealed that it opened 10 new branches and closed one, bringing the number of branches inside the Kingdom to 315 and in Egypt to 45.
- On June 5, 2023, the company opened a new branch in Riyadh, bringing the number of its branches in the Kingdom to 316 and 44 in Egypt.
- In Q2 2023 presentation, the company revealed that it opened 9 new branches and closed other 2, bringing the number of branches to 323 in the Kingdom, and to 46 in Egypt.
- On August 13, 2023, the company announced the opening of a new branch in Jazan, bringing up the total number of branches to 328.
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In Q3 2023 investor presentation, the company revealed that it opened 14 branches in the Kingdom and two in Egypt, bringing the number of branches in the Kingdom to 337 and in Egypt to 48.
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In Q4 2023 investor presentation, the company revealed that it opened 22 branches in the Kingdom, bringing the total number of branches in Saudi Arabia and Egypt to 359 and 50, respectively.
Owners
Related Parties
Project Developments
Al Othaim opens 34 new branches in 9M 2023Argaam Special12/11/2023
Al Othaim opens 9 new branches in Q2 2023 Argaam Special17/08/2023
Al Othaim opens new branch in JazanArgaam13/08/2023
Al Othaim opens new branch in RiyadhArgaam05/06/2023
Al Othaim opens 10 new branches in Saudi Arabia in Q1 2023ِArgaam special 22/05/2023
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