As part of its policy of systematic and well-planned expansion within the Kingdom of Saudi Arabia, the Saudi General Stores Company «Carrefour» a new branch in the Al-Wadi neighborhood of Riyadh, north of Exit 7, further reinforcing Carrefour’s reputation as the ideal shopping destination. The opening was attended by a large crowd of interested shoppers and visitors who expressed their delight at having Carrefour come even closer to them, at a time when various Carrefour branches are offering weekly promotions and incredible prices under the slogan «The Lowest Price.»
“Carrefour Market Al-Wadi” joins the company’s chain of supermarkets and hypermarkets, and the company will also open a new hypermarket in the coming weeks within the «Al-Rashid Square Mall,» which is considered a wonderful oasis for shopping and entertainment in the heart of Al-Ahsa.
It is worth noting that in 1992, the Majid Al Futtaim Group was founded with 100 percent Gulf capital and quickly established itself as the largest and most successful retail group in the Middle East. It signed a partnership agreement with the global «Carrefour» to establish «MAF Hypermarkets,» becoming the franchisee for the «Carrefour» brand in the Middle East and several other countries. It was the first to introduce and develop the concept of the hypermarket in the region.
