Riyadh – Mubasher: Saudi Arabia's Jarir Marketing Co. announced the opening of a new showroom with total investments of SAR 3.5 million ($0.93 million) in King Abdulaziz International Airport in Jeddah.

Spanning over 210 square metres, the first showroom to be launched by Jarir in 2019 will also be its first one to be opened in an airport, the company said in a statement to the Saudi Stock Exchange (Tadawul) on Monday.

The financial impact of the new showroom will be realised in the company’s financial statements as of the first quarter of 2019.

Saudi nationals account for 83% of the total staff in the new showroom.

In December 2018, Jarir Marketing Co. opened a new showroom with total investments of SAR 156 million in Al-Khobar city.

By 11:03 am Saudi time on Monday, Jarir Marketing Co’s stock inched down 0.26% to SAR 151.40.