Sultan Center Food Products Co. news

03 February 2020
As retailers in Kuwait and the UAE announce expansion plans and Nahdi Medical Company launches a nationwide campaign in Saudi Arabia, we round up news from the region. LuLu to continue expansion in UAE… LuLu’s chairman and managing director, Yusuff Ali MA, has said the company will open 20 hypermarkets in the UAE in the next two years. The retailer said the 20 stores would include the follo...
25 August 2016
As Qatar-based Al Meera and Kuwait-based Sultan Center release H1 results and UAE-based The Fathima Group and Enoc announce expansion plans, we round up news from the region. Fathima Group sets out expansion plans The Fathima Group is set to invest AED270m (US$73.5m) in the opening of seven hypermarkets and the building of a new production plant. The company said spend AED200m (US$54.4m) o...
16 March 2016
As the UAE’s Co-operatives announce results, Kuwait-based The Sultan Center says it is to remain in Lebanon and Spinneys opens its newest store in Egypt, we round up news from the region. UAE’s Consumer Co-operative Union discusses 2015 performance As part of the launch of the 21st Co-Op shopping festival, the chairman of the UAE’s Consumer Co-operative Union, Majid Hamad Rahma Al Shamsi, s...
05 February 2016
As Saudi Arabia-based Bindawood announces it has sold a minority stake in its business, SPAR maintains its store growth in Oman and Kuwait-based The Sultan Center rolls out CSR-inspired initiatives, we round up news from the region. Bindawood sells stake in business to Investcorp Saudi Arabia-based Bindawood has sold a minority stake in the business to Investcorp, a manager of alternative i...
08 October 2015
As UAE-based Majid Al Futtaim reaffirms its plans to double in size over the next five years, the emirates gained a new hypermarket operator in the form of Qatar-based Saudia Group and Spinneys, LuLu and Label’Vie announce expansion plans for different countries, we round up news from the region. UAE gets new hypermarket chain Qatar-based Saudia Group has opened its first Kenz Hypermarket i...
03 August 2015
As EMKE-owned LuLu sets out its online expansion plans, forecourt operator ADNOC and Nesto maintain their development strategies and the Sultan Center extends its agreement with UK-based Waitrose, we round up the news from the Middle East and north Africa. LuLu set to expand online offer UAE-based Lulu Hypermarket is set to add to e-commerce store in the medium term as shopper acceptance of...