Riyadh - Mubasher: Altharwah Albashariyyah Company (Tharwah) converted its branch, Altharwah Albashariyyah, into a limited liability subsidiary (Tharwah Consulting).
This transformation aligns with the Tadawul-listed company’s strategy to enhance governance and boost operational efficiency, according to a bourse filing.
The single-member company aims to empower the subsidiaries and support its growth and expansion plans in promising sectors, particularly in consulting and transformation.
Tharwah Consulting focuses on delivering specialized advisory solutions, including, without limitation, management, organizational, and strategic consulting.
It operates model development, builds human capacity, and drives transformation and organizational development consulting.
These solutions are supported through the use of advanced technologies, including AI tools and digital solutions.
Tharwah highlighted that there is no material financial impact on its financial statements at the present time, noting that any material developments will be disclosed in due course.
