INSEAD Day 4 - 728x90

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Kuwait’s shopping mall, the Avenues, to open in Saudi Arabia

  • It will launch the outlets in Riyadh and Alkhobar
  • The design for Riyadh is now complete and the contract is expected to be awarded soon

The largest shopping mall brand in Kuwait, the Avenues, is all set to venture into Saudi Arabia with the opening of two outlets in the kingdom in the next four years.

It will launch the outlets in Riyadh and Alkhobar, said Khalid Al-Shariaan, CEO of Al-Mabanee, the company that operates the mall.

The design for Riyadh is now complete and the contract is expected to be awarded soon while work on Alkhobar project has already begun, Al-Shariaan told the media.