A look at Manuel Market ahead of Al Othaim's 51% planned acquisition

02/03/2025 Argaam

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One of Abdullah Al Othaim Markets Co. branches

One of Abdullah Al Othaim Markets Co. branches


Abdullah Al Othaim Markets Co. (Al Othaim) signed today, March 2, a non-binding memorandum of understanding (MoU) with Abdulilah Ahmed Al-Darwish and Al-Musbah Global Trading Co. to acquire 51% of Ebdaa Al Qasr Marketing LLC., the operator of Manuel Market.

 

Manuel Market is a premium retail chain in Saudi Arabia, founded in 2010 by Khalid Al-Darwish, who currently serves as the company’s CEO, along with his brothers.

 

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The company operates 11 branches across Saudi Arabia, with nine in Jeddah and two others in Riyadh. The table below provides details of its current branch locations:

 

Locations of Manuel Market Branches

City

Branch Location

Jeddah

Heraa Mall

China Town

Star Avenue

Mandarin

Palestine

Haifa Mall

Al Yasmin Mall

Al Hamra Mall

Obhur Mall

Riyadh

Mercato Mall

Park Avenue Mall

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