Alsaif Gallery begins expansion in Kuwait

Logo of Alsaif Gallery


Al-Saif Stores for Development and Investment Co. (Alsaif Gallery) announced the start of its expansion in Kuwait, where two branches were rented.

 

The first branch is expected to open in Q1 2023 and the second in Q2 2023, according to a statement on Tadawul.

 

The Kuwait expansion is in accordance with the company's strategy for the GCC region, Alsaif Gallery said, adding it is gearing up to open this month its first branch outside of Saudi Arabia, in UAE capital Abu Dhabi.

 

The financial impact of the first branch in Kuwait and Abu Dhabi is expected to reflect during Q1 2023, while the financial impact of the second branch in Kuwait will be on Q2 2023, the company also noted.

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Market Indices

Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,950.0011,975.0012,000.0012,025.0012,050.0012,075.00
Close : 12025.05 | Mar 27, 15:20

Quotes

Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0011,950.0011,975.0012,000.0012,025.0012,050.0012,075.00
Close : 12025.05 | Mar 27, 15:20


Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website