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Emirates News Agency - Ghitha reports AED59.7 million in full-year profit

ABU DHABI, 4th February, 2022 (WAM) -- Ghitha Holding (formerly Zee Stores), a regional foodstuff trading and distribution company and a subsidiary of International Holding Company (IHC), today announced its fourth quarter and annual financial results with a net profit of AED59.7 million in 2021. The company's financial statements indicated a healthy cash flow, with a strong cash position attributed to the company business acquisition in 2021. Over the twelve months, the Company's net ...
Mohammed Somar Ajalyaqin Zee Stores Ghitha Holding International Holding Company
Source: wam.ae

Emirates News Agency - Zee Stores becomes Ghitha Holding in strategic expansion

ABU DHABI, 24th January, 2022 (WAM) -- Zee Stores, the trading and distribution firm listed on the ADX Second Market, has announced that it will rebrand to Ghitha and expand its strategy to become a Key Player in the food industry, which will support the UAEโ€™s food security agenda. The holding company will add a number of related businesses to its existing portfolio, through future acquisitions and subsidiariesโ€™ formation, which will enhance its core capabilities in wholesale importing and t...
Mohammed Somar Ajalyaqin Zee Stores National Food Security Strategy Ghitha Holding International Holding Company Key Player
Source: wam.ae

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