An “Al-Othaim Markets” formal gives good news on commodity selling prices by the stop of the calendar year

Al-Marsad Newspaper: Abdullah Al-Othaim Markets’ vice chairman of the board, Bader Al-Aujan, defined that the enterprise aims to retain continuity of profit distribution right after distributing 4 riyals in 2021.

Al-Aujan indicated, for the duration of an job interview with the Al-Arabiya channel: “Distributions The board generally studies with the govt administration and what matters to us is continuity and that we keep the identical degree of distribution.”

He pointed out that the organization is working to reduce the pass-by means of of increasing commodity charges to prospective buyers, indicating that some commodities are becoming imported from overseas and their costs are inflated, as are other commodities these types of as poultry that are dependent on imported feed. from overseas.

According to the FAO’s every month meals price index, he mentioned: “We have a lessen fall in meals price ranges in July than final February, and commodity rates are anticipated to be similar to what we anticipate at the finish of the calendar year. have been in 2021 and Saudi Arabia is one particular of the countries with the least expensive inflation prices “.

And Al-Aujan added: “Our enterprise got less complicated in the to start with 50 % and we opened 18 new branches and we are doing the job hard to be shut to people to provide them with the greatest products at decreased value and we are striving to maximize the selection of our new branches to much more than 24 in 2022. “

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