Abo Moati opens new showroom in Jeddah at SAR 2.6 mln investments

12/07/2020 Argaam

 

Abdulla Saad Abo Moati For Bookstore Co. (Abo Moati) opened a new showroom in Jeddah, at a total investment of SAR 2.6 million, according to a bourse statement.

 

The new showroom, which spans 373 square meters (sqm), is the seventh under Abo Moati’s flagship brand, Ilahui, and the tenth in the Kingdom.

 

The relevant financial impact will appear on Q2 2020 financial statements.

 

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

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