The family behind high-end supermarket chain Spinneys 1961 Holding plc plans to sell a 25% stake in the company on the Dubai stock exchange in an initial public offering. Al Seer Group LLC will sell ...
Jeddah, clear your grocery list. Spinneys is officially opening its first store in the city at UWalk on Thursday, February 12, and yes, this is the kind of news that makes people genuinely excited ...
Earnings call Spinneys reported FY2025 revenue of AED 3.6B, up 13.1% YoY, with like-for-like growth of 10.7% and adjusted EBITDA up 16% to AED 731M. Profit after tax rose 14.5% to AED 332M despite new ...
Spinneys has announced annual revenues of AED3.6bn ($980m), increasing 13.1 per cent compared to the same period in 2024. The growth was driven by thirteen new store openings, strong like-for-like ...
Spinneys posted its strongest annual store network expansion to date in 2025, reporting double-digit growth in revenue and profit as the Gulf supermarket chain benefited from new openings, higher ...
DUBAI, April 23 (Reuters) - Supermarket chain Spinneys' franchisee in the United Arab Emirates and Oman is seeking to raise as much as $375 million from the sale of a 25% stake in an initial public ...
13 new stores opened across the UAE and KSA in 2025 Adjusted EBITDA of AED 731 million, up 15.9%, with industry leading margin of 20.0% driven by higher Fresh and Private Label sales Profit before tax ...
DUBAI, April 16 (Reuters) - A franchisee of supermarket chain Spinneys, which operates in the United Arab Emirates and Oman, announced plans for an initial public offering (IPO) on the Dubai bourse ...
Monday - Friday: 12:00 - 13:00 SIN/HK | 0600 - 07:00 CET UAE supermarket Spinneys is expanding its regional footprint - forming a new JV with Alshaya Group to open ten new stores in Kuwait, expected ...
Iraq Mall, the nation’s latest and biggest shopping center, opened its doors to the public in Baghdad, introducing various international shops, eateries, and entertainment options to the capital and ...