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BinDawood hosts blood donation drive for employees

Marking World Blood Donor Day, BinDawood Holding Company organized a blood donation campaign for its employees in cooperation with King Abdul Aziz University Hospital on June 8 at the BinDawood Holding headquarters in Jeddah. World Blood Donor Day is observed on June 14 annually to raise awareness of the need for safe blood products as a lifesaving gift. ....

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Riyadh to get ten BinDawood superstores over five years

DUBAI: BinDawood Superstores said it would open ten new branches in Riyadh as the retailer expands its footprint in the Kingdom.
The company, a unit of BinDawood Holding, said in a stock exchange statement that it would open the branches over five years from 2022 to 2027.
BinDawood Holding on Monday said first-quarter profit fell by more than half to SR62.1 million ($16.5 million) compared to a year earlier.
Revenues declined by a fifth to SR1.12 billion because of “non-recurring pantry buying” at the start of the pandemic when consumers stocked up on purchases.
That rush was not repeated in the first quarter of this year. ....

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Saudi's BinDawood Holding marks 25% jump in female hires

Saudi's BinDawood Holding marks 25% jump in female hires
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

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Danube stores see 23.5% sales surge during pandemic

Saudi supermarket operator BinDawood Holding is pushing ahead with expansion plans after a 23.5 percent rise in sales at its Danube outlets during the pandemic.
The Danube stores reported the surge in sales during the first nine months of 2020 thanks to the company’s pantry stocking during the pandemic, continued availability of stock and large layout of stores conducive to social distancing, the company said in a statement.
At the same time, the operator announced the opening of a new Danube store in Jeddah, which marks Danube’s expansion to 47 locations across Saudi Arabia.
The new store is located in Fayfa Avenue on Prince Mohammed Bin Abdul Aziz Street, known as Tahlia, over a 2,500 square meter area. ....

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10 things you need to know on Tadawul today

Updated 29 min 9 sec ago
March 25, 2021 10:24
DUBAI: Abu Dhabi National Oil Company (ADNOC) has deepened crude oil supply cuts to Asian customers in June to 15 percent from 5 percent in May, several sources with knowledge of the matter said on Thursday.
The supply reduction will apply to the four grades of crude that ADNOC sells to Asia, namely Murban, Das, Umm Lulu and Upper Zakum, they said.
The cuts are part of theUAE obligation under a pact between the Organization of the Petroleum Exporting Countries and their allies, known as OPEC+, to reduce output and balance global oil markets.
ADNOC’s June allocation comes ahead of the next OPEC+ meeting scheduled on April 1, where producers will decide on May supplies. ....

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