Riyadh – Mubasher: Saudi Arabia-based Jarir Marketing Co has inaugurated a new showroom in Al Ain city, the UAE with total investments of SAR 14 million ($3.73 million).
Marking its third showroom in the UAE, the facility is the company’s third showroom to be opened this year, and the 57th in Saudi Arabia and abroad, according to a statement released on Tuesday to the Saudi Stock Exchange (Tadawul).
The showroom is located in Al Jimi Mall with total area of 2,500 square metres.
Jarir further noted that the facility’s financial impact will be realised in its results of the second quarter of 2019.
On 22 April, Jarir announced building its first branch in Bahrain with total investments of about BHD 4 million ($10 million).
