Alsulaiman Group to launch the Circle K brand across Saudi Arabia
Published on: Jul 17, 2024
Both companies are partnering under the sponsorship of the Ministry of Energy to establish a retail network throughout the country.
Under the sponsorship of the Ministry of Energy, Circle K and Alsulaiman Group have inked an agreement to establish a network of Circle K-branded fuel stations throughout the Kingdom of Saudi Arabia.
This agreement is a strategic component of the Ministry’s vision to enhance the services and fuel station sectors by inviting and opening the doors for leading global corporations to invest. This move aligns with policy enhancements, strategic development initiatives and transformation plans aimed at achieving the goals of Saudi Vision 2030.
Founded in 1951 in Texas, USA, Circle K is one of the world’s leading convenience and fuel retail brands. It is a subsidiary of Alimentation Couche-Tard, a global leader in convenience and mobility with more than 16,700 stores in 31 countries and territories, of which nearly 13,100 offer road transportation fuel.
Alsulaiman Group is a Saudi holding group investing in various sectors including retail, logistics, technology, and real estate development, adding up to a portfolio that now includes Circle K convenience stores.
The Ministry of Energy is dedicated to enhancing the quality of services and operational efficiency of fuel stations across the Kingdom, focusing on modernizing infrastructure to meet consumer needs and expectations.
