Abdullah Al Othaim Markets Co. has opened its 11th store in Egypt, located in Al Mokattam district in Cairo, the company said in a statement.
The Saudi-listed supermarket chain is seeking to open additional branches in the North African country during 2016, the company added.
Earlier this year, local media reports said Al-Othaim would launch four new outlets in Egypt as part of a strategy to invest SAR 144 million in the country’s growing foodstuff market.
Al Othaim has announced that it plans to open a total of 15 new branches this year in Saudi Arabia and Egypt.
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