Jarir Marketing Co. opened, on Sept. 16, a new showroom in Riyadh, the company said in a statement to Tadawul.
Located at Khurais Road, Al-Nahda district, the showroom is the third one to open in 2020, bringing the total number of outlets to 52 within Saudi Arabia and 62 outside the Kingdom.
The 3,996-square metre showroom is situated in a building, fully-owned by Jarir and includes an additional leasable area of 4,556 square meters, divided into shops and offices. The total cost of the building is SAR 130 million.
Saudis represent 59% of the total workforce of the new showroom.
The financial impact of the showroom will reflect in Q3 2020 financials, the statement said.
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