PANDA Retail Company has enhanced its presence in Makkah City with the opening of its second HyperPanda store last Jan. 16 at Ibrahim Al-Khalil Street, Kakiya District, bringing the total number of HyperPanda stores in the Kingdom to 69.
The store was inaugurated at an event attended by Eng. Nazar Abdulaziz Shimee, Makkah Mayor’s Assistant for Investment Development; Eng. Saud Faisal Murad, Director of Municipal Real Estate Property Department; Eng. Rami Yousef Abu Al-Farraj, Director of Department of Municipal Real Estate Property and Sustainable Projects; and a number of top executives and other guests.
The opening of the HyperPanda store comes in line with Panda’s expansion plans focusing on improved performance of the Kingdom’s retail sector and ensuring the sector’s pivotal role in achieving Vision 2030, which aims to raise the contribution of the sector from 50 % to 80 %. One of the Vision 2030’s objectives is to transform the retail sector to make it one of the most important sectors of the national economy to help and support the government’s plans to diversify investment and income sources. More info