Riyadh - Sharikat Mubasher: Cottonil, the Egyptian manufacturer of cotton products, plans to consolidate its presence in the Saudi retail sector and targets opening more branches in the Kingdom, according to Chairman and CEO Bassel Somakia.

The economic development in Saudi Arabia allured several companies to open branches in the Kingdom, Somakia added in an interview with Asharq Business KSA on the sidelines of The Sadi Franchise Expo (SFE) 2024.

Cottonil has a vast distribution network spanning over 300 outlets around Egypt, in addition to authorized distributors in 12 countries including UAE, Jordan, KSA, Sudan, Morocco, and others.

The Sadi Franchise Expo (SFE) 2024 takes place from 28 to 31 January in Riyadh, connecting entrepreneurs and future business owners with international and local professionals in the franchising industry.

It enables participants to engage with thousands of potential investors and franchisees and meet with franchise and financial experts and consultants.