Jarir opens new showroom in Sharjah, relocates Al Rashid Mall branch in Al Khobar

26/02/2023 Argaam

Jarir Bookstore logo


Jarir Marketing Co. (JMC) announced on Feb. 24 opening of a new showroom in the University City area, Sharjah, UAE.

The new addition brings the total number of Jarir’s showrooms inside and outside the Kingdom to 69, the company said in a Tadawul statement.

The showroom spans 4,000 square meters (sqm) and will hold all the product range of Jarir bookstore. Its total investment amounted to SAR 22 million.

The financial impact of this showroom will start to appear in the first quarter of 2023.

In a separate statement, Jarir announced the relocation of its showroom in Al Rashid Mall, Al Khobar, to another showroom within the same mall.

The current branch closed as the mall management is carrying out expansion construction works. It will be relocated to another showroom in the same mall, Gate No. 4.

The replacement showroom’s area is 2,244 sqm, compared to the previous showroom of 1,222 sqm.

The replacement showroom is expected to open within a month from the announcement date. The financial impact, if any, will be disclosed upon opening the replacement showroom.


News

Prices

Aramco IPONew

Sectors

Companies

Financial Data

Financial Ratios

Analysts

IPOs

Economy

Mutual Funds

Projects

Interactive Charts