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FINANCIAL NEWS
UAE’s top retailer to increase presence into KSA
22 Sep 2015
(MENAFN) Plug Ins., a UAE-based consumer electronics retailer, intends to enter Saudi Arabia with four stores by the end of this year, to be distributed between Riyadh and Jeddah, based on released reports.
Many insiders has wondered why the retailer was late in terms of growing outside of the UAE, the firm was there to clarify that a business should only enter a market that knows it’s going to succeed in with the right infrastructure.
Moreover, the retailer is planning to launch four stores in the Emirates by the following year, let alone its near future plans towards both Egypt and Qatar, all in all, the firm has high aspirations and will continue to expand.
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Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
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Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
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