Cherry opens two new branches in Hail, Riyadh

09:46 AM (Mecca time) Argaam
Logo ofCherry Trading Co.

Logo of Cherry Trading Co. 

Cherry Trading Co. announced the opening of two new daily rental branches this month.

 

According to a statement to Tadawul, one branch will be in Hail, marking the company’s entry into a new regional market, while the other will be its sixth daily rental branch in Riyadh, strengthening its presence in the capital.

 

The expansion is part of Cherry’s plan to grow its daily rental segment and enhance coverage in high-demand locations, in line with its broader growth and expansion strategy.

 

The move brings the company’s total number of branches to 25 across the Kingdom. Cherry expects the financial impact of the new branches to be reflected in its results starting from the third quarter of fiscal year 2026.

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