Abercrombie & Fitch to expand in the Middle East

• Abercrombie & Fitch (NYSE:ANF) announces it will expand its presence in the Middle East through its relationship with Majid Al Futtaim Fashion.
• The company plans to open stores in Oman, Bahrain, Qatar, and Saudia Arabia.
• "We expect there to be strong demand for our brands in these new markets," reads a statement from A&F.