Jarir Marketing Company announces the opening of its new showroom on Al-Madinah Road in Jeddah, which will replace its previous showroom located on King Abdulaziz Road in Jeddah

JARIRTadawulJune 7, 2026View on exchange

AI Summary

Jarir Marketing Company opened a new 4,090-square-meter showroom on Al-Madinah Road in Jeddah on June 7, 2026, replacing its previous location on King Abdulaziz Road.
The total investment cost for the new facility is approximately SAR 32 million, and Saudi nationals constitute 74% of the workforce.
The financial impact of the new showroom is expected to be reflected in the company’s financial results starting from the second quarter of 2026.

Element List	Explanation
Announcement Detail	Jarir Marketing Company opened its new showroom on Sunday, June 7, 2026, on Al-Madinah Road in Jeddah, replacing its previous showroom located on King Abdulaziz Road in Jeddah. The new showroom has a total area of 4,090 square meters and has been designed in accordance with the latest standards to provide a comprehensive shopping experience featuring the full range of Jarir’s well-known products, in line with the expectations of its valued customers. Saudi nationals represent 74% of the showroom’s total workforce. The total investment cost of the showroom amounted to approximately SAR 32 million. The financial impact of the new showroom is expected to be reflected in the Company’s results starting from the second quarter of 2026.

Element List

Explanation

Announcement Detail

Jarir Marketing Company opened its new showroom on Sunday, June 7, 2026, on Al-Madinah Road in Jeddah, replacing its previous showroom located on King Abdulaziz Road in Jeddah.

The new showroom has a total area of 4,090 square meters and has been designed in accordance with the latest standards to provide a comprehensive shopping experience featuring the full range of Jarir’s well-known products, in line with the expectations of its valued customers.

Saudi nationals represent 74% of the showroom’s total workforce. The total investment cost of the showroom amounted to approximately SAR 32 million.

The financial impact of the new showroom is expected to be reflected in the Company’s results starting from the second quarter of 2026.