Azizia Panda
Encyclopedia
United Azizia Panda is a Saudi Arabia
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...

n grocery retailing company. United Azizia Panda is one of The Savola Group
The Savola Group
The Savola Group a Saudi Arabian industrial company. The Group’s major holdings supply Saudi Arabia, the Middle East and North African countries with edible oils, sugar, fresh dairy products, and restaurants serving fast foods...

’s corporations group which is ranked ninth amongst the top 100 companies in the Saudi Arabian market and ranked second amongst the industrial sector after SABIC
SABIC
SABIC is a diversified manufacturing company, active in chemicals and intermediates, industrial polymers, fertilizers and metals. It is the largest public company in Saudi Arabia as listed in Tadawul, but the Saudi government still owns 70% of its shares...

. The Savola Group
The Savola Group
The Savola Group a Saudi Arabian industrial company. The Group’s major holdings supply Saudi Arabia, the Middle East and North African countries with edible oils, sugar, fresh dairy products, and restaurants serving fast foods...

 has recently listed its Oils and Fats division in the Saudi Stock market under the name Afia International.

History

1978
: Panda opens its first branch in Riyadh
Riyadh
Riyadh is the capital and largest city of Saudi Arabia. It is also the capital of Riyadh Province, and belongs to the historical regions of Najd and Al-Yamama. It is situated in the center of the Arabian Peninsula on a large plateau, and is home to 5,254,560 people, and the urban center of a...

.

October 1998: Azizia Panda United operates as a subsidiary of Saudi Savola Group..

September 2003: Azizia Panda United makes it to the Guinness Book by launching the biggest pyramid-shaped box with Tide
Tide
Tides are the rise and fall of sea levels caused by the combined effects of the gravitational forces exerted by the moon and the sun and the rotation of the Earth....

..

March 2006: Azizia Panda United opens its fifth hypermarket
Hypermarket
In commerce, a hypermarket is a superstore combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full groceries lines and general merchandise...

 in the Kingdom of Saudi Arabia.

April 2006: United Azizia Panda opens its first outlet outside the kingdom of Saudi Arabia with an investment of AED 50 million (US$ 13.6 million). The outlet is located in Dubai
Dubai
Dubai is a city and emirate in the United Arab Emirates . The emirate is located south of the Persian Gulf on the Arabian Peninsula and has the largest population with the second-largest land territory by area of all the emirates, after Abu Dhabi...

’s Festival City..

December 2007: United Azizia Panda makes sales worth SR3.7 billion in 2007, a 35% increase from 2006.

June 2008: Al Azizia Panda United acquires Giant Stores in the Kingdom of Saudi Arabia and merges it into its operations.

March 2009: Azizia Panda unveils the biggest bottle of shampoo in the world with 4,000 liters content of "Herbal Essences
Herbal Essences
Herbal Essences is a brand of shampoo, hair conditioner, hair stylers, and hair coloring by Clairol. The brand was founded in 1972. There are eleven collections of product, each design for a different effect on the user's hair...

" and measuring 4.8m long..

July 2010: the minister of commerce and industry of the Kingdom of Saudi Arabia, Abdullah bin Ahmed Zainal Ali Reza approved the transformation of United Azizia Panda Company from a limited liability company
Limited liability company
A limited liability company is a flexible form of enterprise that blends elements of partnership and corporate structures. It is a legal form of company that provides limited liability to its owners in the vast majority of United States jurisdictions...

 to a closed joint stock company .

External links

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