On April 29, 2026, Theeb Rent a Car announced the opening of its new branch in the Sulaymaniyah district of Riyadh, located on Prince Sultan bin Abdulaziz Road. This expansion is part of the company's strategy to strengthen its branch network across various cities and governorates in Saudi Arabia. The new branch brings Theeb's total number of branches in the Central Region to 19 and increases the company's overall network across the Kingdom to 70 branches. The expansion reflects the company's commitment to enhancing its presence nationwide and delivering high-quality car rental services to meet customer expectations across different segments.

Original announcement:

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.