Riyadh – Mubasher: Jarir Marketing inaugurated on Tuesday, 12 September a new showroom in Kuwait with total investments of SAR 19 million.
The new showroom is the fourth by Jarir Bookstore in Kuwait and the 49th in the GCC as a whole, according to a statement to the Saudi Stock Exchange (Tadawul) on Wednesday.
The showroom covers an area of 3,410 square metres and is located in Salmiya Park (Boulevard) in Salmiya.
The financial impact of opening the new showroom will appear in Jarir's financial results for the third quarter of 2017.
By 11:50 am KSA time, Jarir Marketing’s stock edged up 0.13% reaching SAR 150.