Riyadh – Mubasher: Theeb Rent a Car Company has opened its new branch located in Riyadh’s Al-Arid district.
The recent expansion brings the total number of the company’s branches in Riyadh to 14, according to a bourse filing.
Theeb’s now operates 58 branches with a fleet of over 30,000 cars.
It is worth highlighting that Theeb’s net profit dropped 26.43% year-on-year (YoY) to SAR 142.06 million in 2023 from SAR 193.10 million.
