AlSaif Stores opens second branch in Kuwait, expects financial impact to appear during Q4

AlSaif Stores for Development and Investment Company announced on Tuesday the opening of its second branch in the State of Kuwait.

This branch is No. 68 with an area of 2250 square meters. This branch is also an extension of the expansion within the State of Kuwait, as the first branch was opened in the State of Kuwait at the beginning of the second quarter of 2023.

This expansion comes in accordance with the expansion strategy outside Saudi Arabia.

The Company said Today on Tadawul that the financial impact of the Kuwait branch will appear as of the fourth quarter of the year 2023.