AL MEERA CONTINUES TO EXPAND ITS PRESENCE ACROSS THE COUNTRY
Discussing the expansion strategy, Dr. Mohammed Nasser Al Qahtani, Deputy CEO of Al Meera said:
"Al Meera has always considered to reach highly populated areas especially the zones that lack of retail malls". He added: "Al Meera''''s expansion comes in line with the Qatar National Vision 2030, as it aims to develop various areas in Qatar following the state''''s urban planning, serve all communities in the State and ensure profitability for all its shareholders".
Al Meera''''s expansion is not limited to the establishment of new stores. In fact, the company has completed during the past few years the acquisition of the "Giant Stores" retail chain including the purchase of Al Oumara Bakery Company, which added 5 new stores to its supermarket chain, in addition to signing a subcontractor lease agreement for the Dasman Hypermarket building, which is located on the main highway leading to the airport road. Al Meera has also launched a slew of modernly designed and architected commercial centers in Abu Nakhla, Nuaija and Legtaifiya, as well as supermarkets in each of the Barwa Mesaimeer and Beverly Hills residential complexes.
In addition to its expansion plan, Al Meera has worked in parallel on the renewal of the old branches, where it modernized the branches of Al Mansoura, Hazm Al Markhiya, Onaiza , Bin Omran, Khalifa South, Al Maamoura, Al Wakra and others. These measures have contributed to raising the number of branches from 23 branches about four years ago to 32 branches by the end of 2014 following the closure of the two branches Al Khor and Onaiza 1.
The development plans of Al Meera gained great momentum in the year 2014 as it succeeded in building nine new modern shopping centers in the regions of Muraikh, Al Azizia, Muaither, Jeryan Njeima, Thakhira, Al Wakra, Al Thumama, Al Wajba, and Rawdat Ekdeem.