The Savola Group has recently listed its Oils and Fats division in the Saudi Stock market under the name Afia International.

Initially the company dealt in selling and importing foodstuff, garments, luxury items, and electric appliances.

In September 1993 Prince Al-Waleed bin Talal bought 50.1% of the company, at a time it was making loss, and had sixteen supermarkets in Riyadh and two at Jeddah, after the acquisition, Al-Waleed merged his retail company Al-Azizia Markets Co. with United Panda Co. to form Al Azizia Panda United, in which he became the chairman.

[12] In 2008, Al Azizia Panda United acquired Giant Stores in Saudi Arabia from Al-Muhaidib Group and merged it into its operations.

[13] In March 2009, Azizia Panda unveiled the biggest bottle of shampoo in the world with 4,000 liters content of "Herbal Essences" and measuring 4.8m long.

[17] In November 2016, Panda Retail Company CEO Muwaffaq Mansoor Jamal, resigned after 12 years of service.