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Cenomi Retail obtains SAR 1.6 bn loan to refinance debt
The financing is dependent on Al Futtaim’s entry as shareholder
Bupa Arabia’s net income down in 2Q + Cenomi Retail is deeper in the red
Al-Futtaim’s acquisition of 49% in Cenomi will drive its recovery by a SAR 1.3 bn loan
Cenomi Retail weighs up selling nearly 50% stake
Cenomi is going to sell the stake to a strategic investor with franchise rights for a number of global brands
A flurry of 2024 earnings
MBC, Cenomi Retail, Sadara and more
MBC posts SAR 12.7 mn net income post-PIF acquisition
PLUS: Renewables giant Acwa Power turned to the red in 3Q 2024, reporting a net loss of SAR 2.1 bn
Cenomi Centers + GIB Capital line up SAR 1 bn Shariah-compliant real estate fund
Construction at U Walk Qassim is slated to restart in December 2024
Jeddah International Market catches fire
PLUS: Jeddah International Market catches fire
Is Al Ahli closing in on Ivan Toney?
PLUS: Cenomi Retail moves forward with franchise sale program
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