Jarir Opens SAR 21 Million Showroom in Madinah

JARIR -0.42%

JARIR

4190.SA

14.12

-0.42%

Jarir Marketing Company opened its 65th showroom in Saudi Arabia (76th overall) on January 26, 2026, located inside Al Alia Mall in Madinah. The 2,324 square meter facility represents a SAR 21 million investment and features all standard Jarir products with Saudi nationals comprising 64% of staff. Financial impact from this first showroom opening of 2026 is expected to appear in Q1 2026 results.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92820&anCat=1&cs=4190&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.