The CEO of Al-Othaim Cultural Company, Princess Nourah bint Faisal Al Saud, spoke in an important session during the 2024 MENA Conference for Shopping Centers and Retail Stores in Riyadh about modern retail assets and the role of culture in enriching the sector and growth opportunities for shopping centers. She also reviewed the latest trends, challenges, and solutions in the retail sector and its role in Saudi Arabia's Vision 2030.
Malls
President of Othaim Investment: We submitted the offering file at the end of last year
Bandar Al-Buhairi, CEO of Abdullah Al-Othaim Investment Company, said that the company has submitted the initial public offering file through the Saudi Fransi Capital financial advisor since the end of 2024, and is now in the process of updating the offering file.
Malls
Othaim Investment Company obtains financing exceeding SAR 3 billion
Saudi National Bank (SNB) and Abdullah Al-Othaim Investment Company (AUC) announced the signing of a Shariah-compliant credit facility agreement worth SAR 3.06 billion, aimed at supporting the company's expansion plans, financing its diversified projects, and enhancing its strategic assets.