Saudi tycoons expand fortune as grocery chain soars after IPO

Members of the family own a 67 per cent stake worth about $2.2bn in BinDawood Holding Co

BinDawood said to seek as much as $580m from Saudi IPO

BinDawood plans to sell 22.86 million shares through a book-building process

Saudi grocer prepares first Mideast IPO since virus

The company operates 73 stores across the BinDawood and Danube supermarket chains

UAE’s Danube Group donates Dhs1m worth of food kits amid virus concerns

Distribution will take place from their warehouse facilities in Dubai, Abu Dhabi, Sharjah, Ajman and Ras Al Khaimah

Message from the top: Rizwan Sajan, founder and chairperson, Danube Group

As companies across the GCC tackle the challenges posed by the Covid-19 pandemic, regional business leaders reveal insights on what their organisations are doing and offer advice on how to deal with the current crisis

Dubai’s Danube Properties says 85% of Dhs 300m Ritz project sold out

The development features 450 fully furnished apartments