Chief Executive Officer of The Commercial Avenue Company Abdulla Abdulrazaiq Haidar and Chief Executive Officer of Al Saif Gallery Mohammed bin Suleiman Al Saif signing the agreement.
Doha: The Commercial Avenue has announced a significant strategic step in its journey by signing a long-term lease agreement with Al Saif Gallery, a leading retailer of household goods and lifestyle products in the Gulf region.
The agreement was signed by Chief Executive Officer of The Commercial Avenue Company Abdulla Abdulrazaiq Haidar and Chief Executive Officer of Al Saif Gallery Mohammed bin Suleiman Al Saif. This agreement marks the launch of Al Saif Gallery’s first branch in Qatar, making it the 72nd branch in their Gulf network.
Founded in 2006 in Riyadh, Saudi Arabia, Al Saif Gallery quickly gained a strong reputation for its diverse range of high-quality products, becoming a top choice for many families in the region. The company currently operates 71 branches across the Gulf and continues to expand to meet the growing needs of its customers. The opening of this branch in Qatar is part of its ongoing regional expansion strategy.
In this context, Chief Executive Officer of Commercial Avenue Abdulla Abdulrazaiq Haidar, expressed pride in the partnership, saying: “At Commercial Avenue, we welcome Al Saif Gallery to our commercial community.” Haidar added, “This partnership contributes to enhancing our commercial offerings and reflects our commitment to developing strategic collaborations that support growth and innovation.” He concluded, “We are confident that the new branch will be a valuable addition that enriches the shopping experience at The Commercial Avenue.”
On his part, Chief Executive Officer of Al Saif Gallery Mohammed bin Suleiman Al Saif, said: “We are proud to choose The Commercial Avenue as the strategic location for our first branch in Qatar, enhancing our presence in the Gulf region.” Al Saif continued, “This long-term agreement with The Commercial Avenue is a pivotal step in our growth strategy, and we look forward to offering a distinguished shopping experience to our customers in the Qatari market.”
As part of its ambitious strategy, The Commercial Avenue has successfully attracted investments from Gulf countries to the Qatari market. These investments enhance The Commercial Avenue’s position as a leading commercial center and contribute to providing a diverse range of commercial and service options, benefiting the local community and strengthening the Qatari market in the region.
“The Commercial Avenue” is a colossal commercial project extending 8.5 kilometers, making it the longest and largest of its kind built in a single phase. Located in the heart of Doha, it features a variety of commercial and residential spaces that cater to the diverse needs of the community.
The Commercial Avenue consists of more than 300 fully rented residential units, office spaces, and commercial showrooms of various sizes, equipped with efficient facilities and 24-hour security systems.
The Commercial Avenue is committed to delivering an exceptional shopping experience and enhancing its position as a leading commercial center in the region. With its strategic location and modern amenities, it is a key destination for shoppers in Doha and the Gulf region.
This agreement marks the beginning of a new chapter in the growth and development of both companies, reflecting their continued efforts to enhance investment opportunities and drive development in the Qatari market and the GCC markets.
