Jarir: insurance to cover SAR 25.2m fire damages

Riyadh – Mubasher: Jarir Marketing estimated the overall damages after a fire at the store in Jeddah at SAR 25.2 million.

The Saudi firm said that no losses are expected to be registered in the company’s financial statements, as the fire damages will be covered by the certificate of insurance, according to a bourse statement issued Thursday.

Jarir said that the store is still closed and will be reopened later. The fire was on 18 September. 

 

Mubasher Contribution Time: 06-Oct-2016 07:29 (GMT)
Mubasher Last Update Time: 06-Oct-2016 14:09 (GMT)