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Majid Al-Hogail

Majid Al-Hogail latest

The threat to local retailers might turn into an opportunity if these companies restructured their balance sheets and concentrated on niche markets, one economist says. (Mall of Arabia)
June 15th, 2016 - 07:00 GMT

Saudi Arabia: Law permitting 100 percent foreign investment in retail will boost sector

Saudi Arabia's cabinet has approved rules for foreign companies to invest in the wholesale and retail trade sector with 100 percent ownership, revised from a previous limit of 75 percent.
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