
RIYADH, Broadcasting News Corporation : BinDawood Holding Co., a Saudi-based grocery retail operator of hypermarkets and supermarkets, has opened two Danube Express stores at the Haramain High Speed Railway stations in Jeddah and Makkah. The opening marks the first express stores with two more to follow in the city of Madinah as well as the King Abdullah Economic City in 2022, the company said. “The Haramain railway is expected to carry over 60 million passengers annually, and we are thrilled to reach more customers across the Kingdom and introduce them to the Danube experience through the new ‘express’ model,” said Ahmad BinDawood, CEO of BinDawood. Following the announcement, shares of the retailer rose 1.17 percent to reach SR86.6 ($23) in the early hours of Wednesday. News collected from ARAB NEWS.
Comment Here