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BinDawood bought a 51% stake in Vaza Food
The retail firm plans to expand into premium confectionery and specialty foods
Mouwasat’s net income up, Cenomi Retail widens losses in 2025
Cenomi Retail’s net losses widened to SAR 505.5 mn in 2025
Saudi shoppers keep spending
The Saudi CPG market reached USD 65 bn in 2024
Shoppers tighten grocery spending, splurge on tech
Modern trade accounts for 70% of fast-moving goods sales
Lifestyle malls, digital adoption drive Saudi retail market
Riyadh leads Saudi retail with 4.17 mn sqm GLA and 2.2 mn more due by 2028
Maaden, Cenomi Retail and more post their 3Q earnings
Maaden’s 3Q net income surged 127% y-o-y to SAR 2.2 bn
Diriyah partners with Majid Al Futtaim to spruce up Diriyah Square
The new retail outlets and VOX Cinema complex will span a combined area of 13.2k sqm
Al Futtaim completes Cenomi acquisition
ALSO- Almajdiah to execute construction works for two Tatweej-NHC residential projects
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