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Al-Futtaim buys 49.95% stake in Cenomi Retail for $686mAl-Futtaim, a regional retail powrhouse, has acquired a 49.95% stake in Cenomi Retail, a leading retail brand in Saudi Arabia, for a total consideration of SAR2.52 billion ($686 million), at SAR44 per share. This transaction marks one of the largest fore More… |
Thursday 18 September 2025
