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Al Meera plans to operate 38 outlets in Qatar, Oman by 2017
- Qatar: 11 hours, 1 minute ago
Qatar-based Al Meera Holding Co has said it is planning to open 38 hypermarkets, supermarkets and convenience stores in Qatar and Oman as part of a strategy to operate 100,000 sq m of retail space by 2017. The company had recently signed an agreement with Omani National Investment Funds Co (Nifco) to buy its Safeer group of stores in the sultanate. The deal includes three supermarkets and two 5,000 sq m hypermarkets. A total of five stores will be operated, two of which are located in Muscat, with the company actively looking to purchase or lease more properties in the coming year, said Dr Mohammed Nasser Al Qahtani, the deputy CEO of Al Meera.
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