Riyadh – Mubasher: Jarir Marketing inaugurated a new showroom in Riyadh on Friday, 25 August, with total investments worth SAR 90 million.
This is the 40th showroom of Jarir in Saudi Arabia, and the 48th internationally, according to a statement to the Saudi Stock Exchange (Tadawul).
This showroom is owned by Jarir Bookstore on an area of 4,190 square metres, in addition to rental spaces which are about 650 square metres.
The Tadawul-listed firm stated that the financial impact of opening the showroom will appear in the financial statements of the third quarter of 2017.
By 12:21 pm KSA time, the stock remained stable at SAR 151.40.
