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Business
Abdullah Al-Othaim Markets Company (Al-Othaim) operates a chain of supermarkets, retail and wholesale stores catering food stuff and consumer products across the Saudi market.
Overview
Abdullah Alothaim Markets Company was set up in Riyadh in 1980 with a capital of SAR 400,000. The company owns supermarkets, retail and wholesale stores, and entertainment venues around the kingdom. It manages its investments in the real estate sector through subsidiary Al-Othaim Real Estate Investment and Development Company
Basic Information
| City: | Riyadh |
| Country | Saudi Arabia |
| Ownership Type: | Joint Stock |
| Establishment Date: | 1980 |
| Commercial Register: | 1010031185 |
| Website: | www.ardco.com.sa |
| faldajani@ardco.com.sa | |
| Phone | +966 11 829 9905 |
| Fax | +966 11 4933264 |
| Address | Eastern Ring Road - Al Rabwa - Riyadh 11531 |
| PO Box | 41700 |
Financials Highlights (M )
Company Size
Trading Data
| Stock Market : | TASI |
| Fiscal Year End : | December |
| Free Float (M) : | 59.69 |
| Free Float % : | 66.32 |
| Weight in Index % : | 0.36 |
| 3M Average Volume : | 100,513 |
| 3M Average Transactions : | 1,162 |
| Change(12M) % : | 18.44 |
Subsidiaries & Associates
| Company | Country | Percentage |
|---|---|---|
| Shorofat Al-Jazira | Saudi Arabia | 100.00 % |
| Al-Othaim Markets - Egypt | Egypt | 100.00 % |
| Marafeq Al Tashgheel | Saudi Arabia | 100.00 % |
| Thamarat Al Qassim | Saudi Arabia | 100.00 % |
| Bayt Al watan | Saudi Arabia | 100.00 % |
| Seven services | Saudi Arabia | 100.00 % |
| Universal Marketing Center | Saudi Arabia | 100.00 % |
| Haley Holding | Saudi Arabia | 100.00 % |
| Mueen | Saudi Arabia | 68.00 % |
| Riyadh Food Industries | Saudi Arabia | 55.00 % |
| Gulf Flour Milling Industrial | Saudi Arabia | 33.33 % |
| Al Woustah Food Services | Saudi Arabia | 25.00 % |
Investments
| Company | Percentage |
|---|---|
| South Europe for Investment Co. | 17.98 % |
| MAAMEL | 6.00 % |
Milestones
15-09-2007
Became a joint stock company under the name: Abdullah Al-Othaim Markets Company.
03-05-2006
Raised capital to SAR 225 million and became Abdullah Saleh Al Othaim Markets Co.
03-03-2000
Became limited Responsibility company named Al Othaim Commercial Co.Ltd after raising the capital to SAR 10 mn
21-05-1980
Established as a sole proprietorship called "International Center For Marketing Institution", with capital SAR 400 K
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