May 14 2012
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Al Meera Holding Company LLC and Business Trading Company ink strategic MOU
Doha, Qatar 14 May 2012:
Al Meera Holding Company LLC (owned 99% by Al Meera Consumer Goods Company QSC and 1% by Al Meera Supermarkets Company), has come to agreement with Qatar’s Business Trading Company (BTC) that ensures the presence of Al Meera -branded outlets in BTC projects abroad.
"We are delighted and honoured to join forces with BTC, a pillar of the Qatari economy," said Al Meera 's Deputy Chief Executive Officer, Dr. Mohammed Nasser Al Qahtani. "BTC has an untarnished record of delivering successful real estate projects in the country and we know that success will be translated to their projects outside of Qatar as well. We look forward to playing a role in their successes."
BTC, established in 1997, is a multi-million riyal holding company behind iconic real estate projects such as the Landmark and Villagio malls. The agreement with Al Meera will guarantee the retailer's presence in all of BTC's projects in Tunisia, Libya, Egypt, Jordan, Oman, and other markets. The MOU is in line with Al Meera 's aggressive expansion plan, initiated earlier last year.
For more information about Al Meera , please visit www.almeera.com.
For further information please contact:
Group Account Director
Cohn & Wolfe
Telephone: +974 4428 3177
© Press Release 2012
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