Cenomi Retail

• administrator
• July 21, 2025
• Luxury
• (0)

Dubai’s Al Futtaim buys 49.95% stake in Saudi Arabia’s Cenomi Retail for over Dh2.44 billion

The companies are also negotiating a shareholder loan agreement to strengthen the Saudi firm’s balance sheet and fuel its growth ambitions Al Futtaim group on Sunday said it acquired a…