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FINANCIAL NEWS
Smartphones, tablets to drive 2011 sales for Jarir
22 Mar 2011
(MENAFN) Muhammad al-Agil, chairman of Saudi Jarir Marketing Co for office supplies and electronics retailing, said that sales in 2011 would be mostly driven by sales of tablet PCs and smartphones, reported, reported Arabian Business.
Agil said that gross margins would increase in 2011 to 19 percent, up from 17 percent a year earlier.
Agil said that Jarir now has a ten percent market share in Saudi Arabia, which would grant it better sales and thus better margins.
It is worth noting that Jarir currently has 28 stores in the Gulf and is planning three more in Saudi Arabia and one more store in Kuwait.
More News
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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