Saudi Arabia’s Sovereign Wealth Fund Sets Up Own Duty-Free Retailer
Called Al Waha, the first Saudi-owned travel retailer will be straddling all channels from airports and seaports to ...
Duty-free retailer Avolta reports annual turnover above estimate
Swiss duty-free retailer Avolta reported a slightly better-than-expected annual turnover on Wednesday, driven by growth ...
What's On Saudi Arabia on MSN2d
The first-ever Saudi-owned duty-free retailer has just been revealed
The outlets will offer high-quality Saudi products… The Public Investment Fund (PIF) recently announced the creation of the ...
Skift4d
Saudi Launches Own Duty-Free Company to Boost Tourist Spending
The company Al Waha is the latest launch of PIF as the Saudi government looks to operate in all corners of the travel sector.
Arabian Business4d
PIF announces first Saudi-owned duty-free retail business
PIF has announced the establishment of Al Waha Duty-Free Company, a travel retailer and the first Saudi-owned duty-free ...
Gulf Business on MSN3d
PIF launches Saudi Arabia’s first ever duty-free retailer
The Public Investment Fund (PIF) in Saudi Arabia has announced the establishment of Al Waha Duty-Free Company (Al Waha), a ...
The Moodie Davitt Report3d
A landmark for the Kingdom as PIF launches Al Waha, first Saudi-owned duty-free retailer
Al Waha pledges to become a leader in travel retail and secure a greater share of passenger spending. The PIF-owned fund intends to drive growth in Saudi Arabia’s travel retail market by enhancing the ...
Adani’s duty-free retailer Ospree sees revenue rising to $1 billion over next two years
Ospree Duty Free by Adani group aims to grow revenues to $1 billion in two years through domestic and international expansion ...
The Moodie Davitt Report12d
Korean duty-free sales plummet -40% year-on-year amid structural changes
The numbers were heavily impacted by Lotte Duty Free’s decision to stop bulk daigou sales from January, which had driven a late 2024 spurt in December.