Abdullah Al-Othaim Markets
ISINSA1230K1UGH7 Edit this on Wikidata
IndustryRetail
FoundedMay 21, 1980 (May 21, 1980)
Headquarters
Riyadh
,
Saudi Arabia
Number of locations
231 stores in Saudi Arabia, 45 in Egypt (2019)[1][2]
Area served
Saudi Arabia, Egypt[3]
Key people
Abdullah Al-Othaim
(Chairman)
Abdulaziz Abdullah Al Othaim
(chief executive officer)[4][5]
Productshypermarket/supercenter/superstore, supermarket.
RevenueIncrease SR 7.65 billion (2018)[6][7]
Total assetsIncrease US$627.8  Million
Websitewww.othaimmarkets.com

Abdullah Al-Othaim Markets Company is a Saudi Arabia–based joint stock company, currently operating in Saudi Arabia and Egypt. Its main activities are food wholesaling, grocery stores, and malls. As of 2017 the company operated 183 stores – 143 supermarkets and hypermarkets, 27 convenience stores, and 13 wholesale outlets in Saudi Arabia, and 31 stores in Egypt.[8]

By 2008, Abdullah Al-Othaim Markets had completed the transformation from a private company to a publicly listed company.[9][10]

Forbes ranked the company third in the Arab World for retail executive management in 2016.[11] It also ranked the company in the top 100 companies in Saudi Arabian,[12] and the top 200 companies in the Arab World.[13] In 2020, Forbes Middle-East listed the company was one of the 100 largest public companies in the Middle-East.[14]

References

  1. ↑ Abdullah Al-Othaim opens 231st branch in Saudi Arabia Arab News. 23 October 2019
  2. ↑ Al Othaim opens new store in Egypt Argaam. 17 November 2019
  3. ↑ Al Othaim Markets opens sixth branch in Egypt، Argaam. 23 May 2016.
  4. ↑ Chief Executive Officer and Executive Director,Abdullah Al-Othaim Markets Company، Bloomberg L.P site.
  5. ↑ Abdullah Al Othaim Markets Company announces the Appointment of CEO، Argaam. 9 July 2013.
  6. ↑ Annual Report
  7. ↑ Top Companies in the Arab World 2015 Archived 29 May 2016 at the Wayback Machine، Forbes Magazine.
  8. ↑ Abdullah Al Othaim Markets Co (TADAWUL:4001)، Google Finance.
  9. ↑ "D and B Principal International Businesses". Dun & Bradstreet. 1 January 2009 – via Google Books.
  10. ↑ "Directory of Corporate Affiliations". National Register Publishing Company. 1 January 2004 – via Google Books.
  11. ↑ TOP EXECUTIVE MANAGEMENT IN THE ARAB WORLD RETAIL 2016 Archived 5 November 2016 at the Wayback Machine Forbes Magazine.
  12. ↑ TOP 100 COMPANIES IN THE KSA 2016 Archived 13 August 2016 at the Wayback Machine Forbes Magazine
  13. ↑ THE TOP 200 COMPANIES IN THE ARAB WORLD 2016 Archived 5 November 2016 at the Wayback Machine Forbes Magazine.
  14. ↑ "Abdullah Al-Othaim markets among 100 largest companies in the Middle-East in 2020". Arab News. 11 June 2020. Retrieved 8 September 2020.
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