BinDawood announces reopening of most branches in Al-Haramain

BinDawood Holding Co. announced that its subsidiary BinDawood Stores has reopened most of its branches located in Al-Haramain area.

In a statement to Tadawul, the firm said, it reopened three branches located near the Two Holy Mosques, including Taibah in Madinah and Abraj in Makkah, according to a bourse statement.

The company will also reopen Jabal Omar branch in Makkah today, Nov. 8, the bourse statement added.

Meanwhile, Madinah-based Anwar branch will remain closed until further notice.

BinDawood closed some of its branches as per the Ministry of Interior’s decision, dated March 4, 2020, to suspend Umrah temporarily.

However, King Salman issued a royal decree on resuming Umrah gradually, starting from Oct. 4, 2020.

The company noted that it is taking all necessary precautions and measures to maintain the safety of the store visitors, including regular cleaning and sterilization of the facilities, checking the temperature of all visitors, providing hand sanitizers, in addition to adhering to measures of social distancing. The company also adheres to all guidelines issued by the competent authorities.

The firm will study the related financial impact and announce further developments duly.