Panda's UAE Expansion Drive

Saudi Arabian retail giant Panda has set its sights on Dubai, and has announced plans to open six giant HyperPanda hypermarkets in the UAE over the next three years, at a cost of US$82mn. The first 15,000m² store will be opened in May in Festival City, and will be the first Panda outlet outside of Saudi Arabia, at an investment of AED50mn

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