Abo Moati opens new showroom in Riyadh worth SAR 1.03 mln

27/02/2020 Argaam

 

Abdulla Saad Abo Moati For Bookstore Co. (Abo Moati) opened a new showroom in Riyadh, with a total investment of SAR 1.03 million, according to a bourse statement.

 

The new showroom, which extends on 263 square meters (sqm), is the sixth under Abo Moati’s flagship brand, Ilahui, and the ninth in the Kingdom.

 

The relevant financial impact will appear on Q1 2020 financial statements.

 

The new showroom falls within the company’s expansionary strategy in the retail segment.

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