Simon King, the chief operating officer at Asda, has left the grocer after less than six months in the role, in a move that has sent shockwaves through the sector. The former Tesco executive joined the Walmart-owned grocer in...
Saudi-based Savola Group, the Arab world's largest retail and food company by market value, will buy a 5 per cent stake in Taameer Holding Co., Jordan's largest listed property firm.
Savola will finance 100 million Saudi riyals ($26.67 million) to...