Arab Today, arab today qatar retailer inks deal for mena mall expansion
Last Updated : GMT 20:51:39
Arab Today, arab today
Arab Today, arab today

Qatar retailer inks deal for MENA mall expansion

Arab Today, arab today

Arab Today, arab today Qatar retailer inks deal for MENA mall expansion

Doha - Arabstoday

Qatar\'s Al Meera Consumer Goods Company has signed an agreement to ensure its presence in key shopping mall projects in the Gulf state and abroad. The retail unit of Al Meera Holding Company said it has inked a deal with Qatar\'s Business Trading Company (BTC). BTC is the company behind real estate projects such as the Landmark and Villagio malls in Qatar. The agreement with Al Meera will also guarantee the retailer\'s presence in all of BTC\'s projects in Tunisia, Libya, Egypt, Jordan, Oman, and other markets. The MOU is in line with Al Meera\'s aggressive expansion plan, initiated earlier last year, the retailer said in a statement. \"We are delighted and honoured to join forces with BTC, a pillar of the Qatari economy,\" said Al Meera\'s deputy CEO Dr Mohammed Nasser Al Qahtani. \"BTC has an untarnished record of delivering successful real estate projects in the country and we know that success will be translated to their projects outside of Qatar as well. We look forward to playing a role in their successes.\" He added: \"Our expansion strategy calls for increasing our presence both in Qatar and abroad. Therefore, it is in our interest to partner up with well-established companies such as BTC to see our plan through.\" Al Meera Consumer Goods Company said last month that its net profits rose by 80 percent during the first quarter of 2012, compared to the same period last year. The firm said that the profit increase had been driven by higher sales earnings. Sales have increased as the Qatari company continued an agressive expansion strategy. In March, Al Meera hired QNB Capital to study financing alternatives and capital restructuring. The company said in an announcement to the Qatar Securities Exchange that it had appointed QNB Capital. In December, Al Meera signed a deal to develop Geant hypermarkets in Qatar and Oman as part of Casino\'s bid to boost its presence in fast-growing regions. It has also inked agreements recently with Thai retailer Index Living Mall to establish and operate home furnishing stores in Qatar. In February, Al Meera also entered into a joint venture agreement with Saudi Arabia\'s United Electronics Company (eXtra) to launch the brand in Qatar.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today qatar retailer inks deal for mena mall expansion Arab Today, arab today qatar retailer inks deal for mena mall expansion

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 05:26 2017 Sunday ,19 February

US natural gas market tightens

GMT 05:06 2017 Sunday ,19 February

Merkel: Euro is too low for Germany

GMT 04:58 2017 Sunday ,19 February

Swedish PM: Brexit deal in 2 years is unlikely

GMT 20:02 2017 Saturday ,18 February

Gold edges higher as global equities lose momentum

GMT 10:20 2017 Thursday ,16 February

New Zealand's Spark rings up interim profit rise
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday