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Alshaya is believed to be the oldest company in Kuwait. M.H Alshaya Co. was registered in 1890 and initially established trading links between Kuwait, Saudi Arabia and India. In 1890, M. H. Alshaya Co. was founded in Kuwait as a shipping company, initially trading with British India.
Saudi Arabia, [d] officially the Kingdom of Saudi Arabia (KSA), [e] is a country in West Asia. Located in the centre of the Middle East , it is one of the countries situated in the Gulf region . It covers the bulk of the Arabian Peninsula and has a land area of about 2,150,000 km 2 (830,000 sq mi), making it the fifth-largest country in Asia ...
H & M Hennes & Mauritz AB, commonly known by its brand name H&M, is a Swedish multinational fashion retailer headquartered in Stockholm. Known for its fast fashion business model, H&M sells clothing, accessories, and homeware. The company has a significant global presence, operating thousands of stores across 75 geographical markets and ...
In the early 20th century, Jizan was a major site for pearl fishing.When World War I began, trade declined, due to ships moving to Al Hudaydah. [6]Today, ambitious projects in transport, renewable energy, tourism and agricultural development are taking place in the Jizan region, particularly in Jazan Economic City, including a US$3 Billion aluminium smelter.
Persson was the chairman of fashion company H&M until May 2020, when he was succeeded by his son. [5] He remains the company's largest shareholder, owning a 36% stake. [6] The company was founded by his father Erling Persson in 1947. [7] Persson took over H&M from his father in 1982 and served as its manager until 1998.
Erling Persson (21 January 1917 – 28 October 2002) was the founder of H&M (Hennes & Mauritz). [1] [2] He got the idea following a post-World War II trip to the United States: he was impressed by the country's efficient, high-volume stores.
Asir, [a] [b] officially the Asir Province, [c] is a province in the southwest of Saudi Arabia, which is named after the ʿAsīr tribe.It has an area of 76,693 square kilometres (29,611 sq mi), and an estimated population of 2,024,285 (in 2022). [1]
Al-Hofuf (Arabic: ٱلْهُفُوف al-Hufūf, also spelled Hofuf or Hufuf, also known as "Al-Hasa", "Al-Ahsa" or "Al-Hassa") [2] is the major urban city in the Al-Ahsa Oasis in the Eastern Province of Saudi Arabia, with a population of 729,606 (as of 2022).