The Saudi business model is very encouraging and we're planning to open two more stores in the Kingdom this year, says Spinneys CEO Sunil Kumar. The Middle East grocer reported first half profit growth of 16% year on year, citing new stores, online penetration and strong sales for the strong results. Spinneys CEO Sunil Kumar added that the company maintains a positive outlook for the rest of the year while speaking with Joumanna Bercetche on Horizons Middle East & Africa.