Fawaz Abdulaziz Alhokair Co. announced that it has signed a franchise agreement with Fnac Darty. The agreement is in line with the Company’s strategy to transform into a lifestyle destination by diversifying and expanding its retail portfolio into consumer electronics and multimedia categories. Alhokair continues to strengthen its electronics offering in the Kingdom, rolling out new Aleph Apple Premium Reseller stores with one new location added in U-Walk Riyadh on 18 April 2021 and three others slated to open by end of May 2021. The total number of Aleph stores is expected to reach 20 stores over the course of the next 18 months. The Company has also opened the global sports and leisure brand, Decathlon’s first-ever Saudi store in Jeddah on 10 April 2021.