Fitaihi Holding Group announced today that the retail stores of its 2 subsidiaries, Fitaihi Retail Co. and Luxury Goods Trading Co., in Saudi Arabia and Kuwait remain partially open until June 20.
The company said in a statement to Tadawul that comprehensive health and safety measures will continue to be applied for the period.
The Saudi authorities aim to end most of the COVID-19 lockdown measures from June 21, in order to begin a transition towards normal conditions while maintaining strict and widespread implementation of safety measures, the statement added.
The company is currently unable to determine the financial impact of the updated measures and will disclose any developments in due course.
On April 27, Fitaihi announced the partial reopening of the retail stores of its 2 subsidiaries, Fitaihi Retail Co. and Luxury Goods Trading Co., in Saudi Arabia and Kuwait, Argaam reported.
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