Raydan temporarily closes restaurants in malls across Saudi Arabia

Raydan Cuisines and Restaurants Co. temporarily closed all its restaurants located within commercial malls across the Kingdom until further notice, in line with the government’s precautionary measures to curb the spread of coronavirus.

The company said in a bourse filing that restaurants located outside the malls will remain open and home deliveries will continue in accordance with the controls and requirements stipulated by competent authorities.

The company further stated that it is currently difficult to assess the financial impact of the closure, adding any material development will be announced in due course.