Saudi consumers rate eXtra one of Kingdom’s top brands

03/02/2014

At an event held under the patronage of Dr. Abdulaziz bin Mohieddin Khoja, Minister of Education and Information, United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer was today named one of the “Top 100 Saudi Brands”. Read more

eXtra top ranked Facebook retail page in the Middle East

10/13/2013

United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, today celebrates its one millionth Facebook fan just within a year of launching its page (facebook.com/extrastores) on the social media platform, becoming the first-ever retail page in Saudi Arabia and the Middle East region to achieve the milestone. Read more

United Electronics Company (eXtra) announces estimated financial results for the third quarter of 2013

10/08/2013

United Electronics Company (eXtra), Saudi Arabia’s fastest-growing big box consumer electronics and home appliance retailer, today announced its estimated financial results for the third quarter of 2013, demonstrating steady growth and solid financial performance. Read more

eXtra ‘Mega Sale,’ the Middle East’s largest consumer electronics event, kicks off today

10/07/2013

The Middle East’s largest consumer electronics and home appliances event will kicked-off today with discounts of up to 50% on a huge variety of leading international brands. Now in its ninth year, the eXtra “Mega Sale” has become a major fixture in the region’s retail calendar, attracting nearly 1.5 million visitors through the showrooms and almost 500,000 through the company’s website in 2012, and this figure is set to grow this year. Read more

United Electronics Company (eXtra) General Assembly approves cash dividend for the first half of 2013

10/02/2013

Following the conclusion of a meeting of its General Assembly on Monday, 30 September, 2013, United Electronics Company (eXtra) has decided on the following. First, the General Assembly approved the recommendations of the Board of Directors to distribute a cash dividend of SAR 37.5 million to shareholders for the first half of 2013. The dividend of SAR 1.25 per share is equivalent to 12.5 per cent of the company’s current paid-up capital of SAR 300 million. Read more

eXtra once again named among best workplaces in Saudi Arabia

09/21/2013

For the third consecutive year, United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, has been named one of the best 100 places to work in the Kingdom of Saudi Arabia. The retailer, which operates 34 stores across Saudi Arabia, placed number five in the list of best working environments in large companies compiled by TeamOne Consulting and Al-Eqtessadiah Newspaper.. Read more

United Electronics Company (eXtra) announces estimated financial results for the second quarter of 2013

07/07/2013

United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, today announced its estimated financial results for the three months ending June 30, 2013. For the second quarter of 2013, eXtra reported an estimated net profit of SAR 53.3 million, compared to SAR 48.4 million for the same quarter in 2012, an increase of 10.12 percent. Read more

eXtra adds 250,000 to its customer base with first store in Bisha

06/21/2013

United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, today announced the opening of its first store in Bisha, and 31st in the Kingdom. Located on Omar Bin Al Khattab Road, the new store occupying 1,600 square meters will offer the very best consumer electronics and home appliances to a population of approximately 100,000. In addition.. Read more

eXtra opens first store in the city of Qunfuda

05/04/2013

United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, announced the opening of its first store in Qunfuda City, and 30th in the Kingdom. Occupying 1,200 square meters, the store is located on King Fahd Road within close proximity to the border guard department. Serving a population of approximately 250,000.. Read more

First quarter interim net profit of United Electronics Company (eXtra) up 10 per cent year-on-year

04/22/2013

United Electronics Company (eXtra) announced its interim financial results for the three months ending March 31, 2013. During the first quarter of 2013, eXtra reported interim net profits of SAR 26.2 million, compared to SAR 23.8 million in the same period of 2012, an increase of 10.1 per cent. Total interim sales for the first quarter of 2013 reached SAR 723 million, compared to SAR 626 million for the three months ending March 31, 2012.. Read more

United Electronics Company (eXtra) shareholders approve capital increase to support long-term expansion strategy

04/05/2013

United Electronics Company (eXtra) today announced that shareholders have approved a 25 per cent share capital increase through the distribution of free shares at an Extraordinary General Meeting (EGM) held on April 1, 2013, at the Al Fozan Tower in Khobar. Shareholders voted to approve an increase in eXtra’s share capital from SAR 240 million to SAR 300 million in order to support the company’s future expansion plans.. Read more

eXtra tops Saudi social media in six months

03/29/2013

United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, announced today that its Facebook page (facebook.com/extrastores) has surpassed 500,000 fans, making it the number one Facebook page, in terms of the number of fans, in the business/retail category in Saudi Arabia, and number five in the region within six months of launching.. Read more

United Electronics Company (eXtra) interim full year net profit rises 20 per cent for the period ending December 31, 2012

01/23/2013

United Electronics Company (eXtra), Saudi Arabia’s fastest-growing big box consumer electronics and home appliance retailer, today announced its interim financial results for the twelve months ending December 31, 2012, demonstrating the success of the company’s strategy of expanding the range of products and services it offers to customers.. Read more

eXtra, the leading electronics and home appliance retailer in the Middle East, comes to Bahrain

01/03/2013

Under the patronage of National Guard Commander Lt. General Shaikh Mohammed bin Isa Al Khalifa, and attended by His Highness Hamad ben Mohammed ben Isa Al Khalifa, and Industry and Commerce Minister, Dr. Hassan Fakhro, the first United Electronics Company (eXtra) store in the Kingdom of Bahrain was officially opened today.. Read more

Board Of Directors of United Electronics Company (eXtra) recommends capital increase through Bonus shares to Shareholders to support future expansion

12/23/2012

Following a meeting of its Board of Directors, United Electronics Company (eXtra) announced that it plans to increase its share capital by 25 per cent through bonus shares in order to support future expansion. Subject to regulatory approval, the company will increase its capital by six million shares, increasing the company’s current capital from SAR 240 million to SAR 300 million.. Read more

eXtra also number one in basketball

12/11/2012

eXtra, Saudi Arabia’s fastest-growing big box consumer electronics and home appliance retailer, announced today that its company basketball team has won the Eastern Province’s Al-Munirah Basketball Players Association (MBPA) Invitational Basketball League for the second year in a row.. Read more

eXtra ‘Mega Sale’ pulls in more than a 1.9 million visitors over five days

11/27/2012

The eXtra “Mega Sale,” which ended recently, pulled in more than 1.9 million visitors over five days, making it once again the largest consumer electronics and home appliances event in the Middle East. Now in its eighth year, the “Mega Sale” saw a huge number of visits in-store as well as on its website.. Read more

eXtra recognised as ‘Innovator of the Year’ by Symantec

08/25/2012

eXtra, Saudi Arabia’s fastest-growing big box consumer electronics and home appliance retailer, announced today that it has been recognised as “Innovator of the Year” by Symantec, the world’s largest maker of security software for computers, best known for its Norton brand. Nader Hussein, Smart Products Services Manager, eXtra, collected the award at the Symantec Channel Excellence awards 2012, held in the Serdaal Balroom in Westin Mina Seyahi Hotel, Dubai.. Read more

eXtra’s new Ha’il store reaches 29 branches Kingdom wide

08/15/2012

United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, today announced the opening of its sixth new store since the start of 2012. The 1,500-square-metre facility in Ha’il, its first in Ha’il Province, brings eXtra’s Kingdom-wide network to 29 stores.. Read more

eXtra becomes Kingdom’s first approved SADAD retailer

08/04/2012

United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, has become the first retailer in the Kingdom to be approved to join the SADAD payment system. Established by the Saudi Arabian Monetary Agency, SADAD is a single electronic payment platform that links different billers and banks, enabling consumers to pay bills electronically at any bank in the Kingdom.. Read more

eXtra opens store in Skakka, first in Al Jawf Province

07/01/2012

United Electronics Company (eXtra), Saudi Arabia’s fastest-growing consumer electronics and home appliance retailer, announced today the opening of a new store in Skakka. The company’s first outlet in the northern Al Jawf Province increases eXtra’s Kingdom-wide network to 26 stores.. Read more

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