Makkah Mall, which is owned by a Fawaz Alhokair Group subsidiary. Alhokair said weaker offline sales were partially offset by a 'strong online performance'. Reuters
Makkah Mall, which is owned by a Fawaz Alhokair Group subsidiary. Alhokair said weaker offline sales were partially offset by a 'strong online performance'. Reuters

Business

Markets

Saudi Arabia's Fawaz Alhokair narrows fourth-quarter loss as pandemic-hit retail recovers

Company plans to exit its US operations in September and is now in advanced talks with a 'serious' buyer

Deena Kamel
Deena Kamel

June 30, 2021