Abo Moati opens new showroom in Jeddah at SAR 2 mln investments

03/10/2021 Argaam

Logo of Abdullah Saad Mohammed Abo Moati for Bookstores Co.

Abdullah Saad Mohammed Abo Moati for Bookstores Co. (Abo Moati) opened a new showroom, under “Ilahui” brand, in Jeddah, the firm said in a bourse statement.

 

The new showroom, which spans 266 square meters (sqm), is located in Jeddah Park Aziziyah District.

 

The volume of investments in the new showroom stands at SAR 1.98 million, and the positive financial impact will start from Q3 2022, the statement said.

 

The development is the ninth Ilahui store and the company’s 12th retail showroom in the Kingdom.

 

This is the third showroom that is opened in Jeddah region, which includes more than 5,000 items of stationery household and luxury products.

 

This comes as a continuation of the expansion plan adopted by the company in the retail and luxury sectors.

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