Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Saudi Al Azizia Panda plans USD106m retail center at KAEC  Join our daily free Newsletter

MENAFN - 17/12/2012

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) Saudi retailer Al Azizia Panda is set to construct a USD106.5 million retail distribution center at King Abdullah Economic City (KAEC), Saudi Gazette reported.

Panda, in which the Savola Group owns 74.4 percent, will establish the center on a land area covering 200,000 square meters in Zone B of the first phase of KAEC's Industrial Valley.

The center will be part of the integrated industries at KAEC in Rabigh and will enhance the logistical capabilities of the company reflecting positively on the sales and distribution activities for Panda.

The Savola Group Managing Director Dr. Abdulraouf Mannaa said that Al Azizia Panda seeks to benefit from the services and infrastructure provided by KAEC and the Industrial Valley including the advanced transportation facilities mainly Al Haramain Train and highways network which represent a high strategic value for the retail distribution center.

 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help