* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, August 24, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    What Are Our Predictions for Taylor Swift’s ‘Life of a Showgirl’ Based on What She’s Told Us So Far? – yahoo.com

    Uncover the Hidden Surprises in Taylor Swift’s ‘Life of a Showgirl’ – Can You Decode Her Clues?

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Teaching older adults how to use technology – WWNY

    Empowering Older Adults to Master Technology with Confidence

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

    This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

    Drake Appears in Teaser for Bobbi Althoff’s New Podcast ‘Not This Again’ – yahoo.com

    Drake Drops a Surprise Cameo in Bobbi Althoff’s Thrilling New Podcast Teaser ‘Not This Again

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    From polka to Poison, Corn Palace adjusts entertainment offerings with the times – Mitchell Republic

    How to watch ‘F1: The Movie’ on Prime Video – About Amazon

    Experience the Thrill: How to Stream ‘F1: The Movie’ on Prime Video

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    FOX One is now available on Prime Video: Here’s everything to know – About Amazon

    What Are Our Predictions for Taylor Swift’s ‘Life of a Showgirl’ Based on What She’s Told Us So Far? – yahoo.com

    Uncover the Hidden Surprises in Taylor Swift’s ‘Life of a Showgirl’ – Can You Decode Her Clues?

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

    Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

    UNLV Responds to Workforce Need with Microcredential in Nuclear Technology – University of Nevada, Las Vegas | UNLV

    UNLV Unveils Cutting-Edge Microcredential Program to Fuel Growth in Nuclear Technology

    Why Technology Will Never Take Over Completely – Patheos

    Why Technology Will Never Completely Control Our Lives

    Alcorn State awarded grant to boost STEM with VR technology – WJTV

    Alcorn State Secures Grant to Transform STEM Education Through Cutting-Edge VR Technology

    Hyundai: The Only Way To Beat China Is To Embrace Technology – InsideEVs

    Hyundai’s Bold Strategy to Outpace China with Cutting-Edge Technology

    Teaching older adults how to use technology – WWNY

    Empowering Older Adults to Master Technology with Confidence

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Business

‎BinDawood Holding eyes expansion in KSA: CEO

March 14, 2024
in Business
‎BinDawood Holding eyes expansion in KSA: CEO
Share on FacebookShare on Twitter

BinDawood Holding seeks to expand in Saudi Arabia, mulls acquisitions: CEO

Ahmad BinDawood, CEO of BinDawood Holding Co.

BinDawood Holding Co. is focusing on expanding with additional branches in Saudi Arabia and investing specifically in major cities, CEO Ahmad BinDawood told Argaam.

BinDawood said the group is studying acquisition opportunities in the Kingdom and GCC states, indicating that Egypt is currently not among its plans.

For more exclusive interviews

The group currently has 86 branches inside the Kingdom and another one in Bahrain, said the top executive, noting that the branches are distributed among the two brands Danube, with 62 branches, and BinDawood, with 25 branches.

He stated that sales of the retail segment, Danube and BinDawood stores, amounted to SAR 1.32 billion in Q4 2023.

BinDawood explained that the Q4 2023 results were due to the company’s strategic approach, which included several marketing measures, cost reductions and adjustments to the product mix. These adjustments aim to enhance the company’s profit margin and leverage its insights from customer behaviors, particularly through the customer loyalty program launched about 18 months back.

He added that the program allows customers to accumulate reward points for their shopping, facilitating a swift response to customer preferences by analyzing their shopping data.

The CEO said that the loyalty program helped the company to leverage data and artificial intelligence for decision making, leading to cost reductions. Moreover, additional technical solutions aim to achieve positive results in the future by capitalizing on the customer base and minimizing costs through its subsidiary, International Applications Co.

He indicated that the branches in the central areas of Makkah and Madinah faced distinct challenges, which did not have a significant impact on the overall results. However, the high operating costs, lower customer purchasing power, changes in Hajj or Umrah packages, and the depreciation of currencies of several countries had a direct negative impact on purchasing power.

BinDawood Holding ventured into e-commerce and established an integrated infrastructure to facilitate the preparation of foodstuff orders, which serves the subsidiaries and platforms operating in this sector within the Kingdom and utilizes the infrastructure of closed stores to generate sales, the CEO said.

The board of directors is discussing the company’s strategic plan and the available fields, indicating that it is studying them, their feasibility, and the extent of their financial impact on the company, he stated.

BinDawood added that the targeted sectors are data solutions, financial technology, finance, and wholesale distribution of food and non-food products, noting that these sectors are considered complementary with the company’s activities.

The company reported a net profit of SAR 275.1 million in 2023, more than double the SAR 124.7 million earned the previous year. Net profit for Q4 2023 was SAR 119.4 million, according to data available to Argaam.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/article/articledetail/id/1712643

Tags: ‎BinDawoodbusinessHolding
Previous Post

Today’s deals: Sonos speaker sale, $20 Anker Soundcore earbuds, GE Opal 2.0 XL, LG CordZero vacuum, more

Next Post

‎TASI closes marginally higher at 12,729 pts, turnover at SAR 14.4B

Scientists Sequenced the DNA of the ‘Last Neanderthal’—and It Alters Human History – yahoo.com

Scientists Decode DNA of the ‘Last Neanderthal,’ Transforming Our Understanding of Human History

August 24, 2025
RIKEN, Japan’s Leading Science Institute, Taps Fujitsu and NVIDIA for Next Flagship Supercomputer – NVIDIA Blog

Japan’s Leading Science Institute Teams Up with Fujitsu and NVIDIA to Create Next-Generation Supercomputer

August 24, 2025
Is a relief rally coming for Equity LifeStyle Properties Inc. holders – July 2025 Retail & Weekly High Return Opportunities – Newser

Is a relief rally coming for Equity LifeStyle Properties Inc. holders – July 2025 Retail & Weekly High Return Opportunities – Newser

August 24, 2025
Figure Technology Solutions, Inc. Files Registration Statement for Proposed Initial Public Offering – Business Wire

Figure Technology Solutions, Inc. Unveils Exciting Plans for Its Upcoming Initial Public Offering

August 24, 2025
‘Holy grail’ MJ-Kobe card sells for record $12.9M – ESPN

Holy Grail’ MJ-Kobe Card Smashes Records with $12.9 Million Sale

August 24, 2025
Julia Schell scores six tries as Canada thrash Fiji in Women’s Rugby World Cup – The Guardian

Julia Schell scores six tries as Canada thrash Fiji in Women’s Rugby World Cup – The Guardian

August 24, 2025
Why Tipping Feels Out of Control in Today’s Economy – MSN

Why Tipping Feels Out of Control in Today’s Economy – MSN

August 24, 2025
Quotes of the Week: Peacemaker, Project Runway, Countdown and More – yahoo.com

This Week’s Most Memorable Quotes from Peacemaker, Project Runway, Countdown, and More!

August 24, 2025
New report demonstrates that corporal punishment harms children’s health – World Health Organization (WHO)

Shocking New Findings Expose the Serious Harm Corporal Punishment Inflicts on Children’s Health

August 24, 2025
Privately influential but publicly absent, Melania Trump is picking and choosing her moments this term – CNN

Melania Trump: Quietly Influential and Selectively Stepping Into the Spotlight This Term

August 24, 2025

Categories

Archives

August 2025
MTWTFSS
 123
45678910
11121314151617
18192021222324
25262728293031
« Jul    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (788)
  • Economy (808)
  • Entertainment (21,687)
  • General (16,652)
  • Health (9,848)
  • Lifestyle (821)
  • News (22,149)
  • People (810)
  • Politics (817)
  • Science (16,020)
  • Sports (21,307)
  • Technology (15,789)
  • World (789)

Recent News

Scientists Sequenced the DNA of the ‘Last Neanderthal’—and It Alters Human History – yahoo.com

Scientists Decode DNA of the ‘Last Neanderthal,’ Transforming Our Understanding of Human History

August 24, 2025
RIKEN, Japan’s Leading Science Institute, Taps Fujitsu and NVIDIA for Next Flagship Supercomputer – NVIDIA Blog

Japan’s Leading Science Institute Teams Up with Fujitsu and NVIDIA to Create Next-Generation Supercomputer

August 24, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version