Al-Saif Stores for Development & Investment Company has completed an IPO in the amount of SAR 1.2075 billion.

Al-Saif Stores for Development & Investment Company SJSC is a Saudi Arabia-based entity which is engaged in operating in home appliances and Kitchenware retail sector. The Company’s activities include wholesale and retail trade of Kitchenware, home and office furniture, antiques, gifts, plastics, hardware and medical furniture, toiletries, perfumes, cosmetics, women’s accessories, belts, bags, other leather products, restaurant, hotel and hospital supplies, electronics, watches, heating flues, beauty tools and supplies, home Accessories and hygienic kits. The Company operates approximately 58 branded stores spread over in 29 cities in the Kingdom of Saudi Arabia. The Company is also engaged in maintenance, cleaning, management and operation of cities, buildings, public and private establishments, markets, residential, commercial, industrial, recreational, medical, agricultural and educational facilities, roads, dams, tunnels, bridges, water and sewage works, gas stations, among others.