Riyadh – Theeb Rent a Car Company signed a contract worth SAR 48.72 million with Jahez International Company for Information Systems Technology, according to a bourse disclosure on Monday.
The long-term rental deal duration stands at four years as of 4 July 2021.
Theeb will supply Jahez International with vehicles in stages within six months from signing the contract.
A positive impact is expected to reflect on the income statements of Theeb as of the third quarter (Q3) of 2021.
Source: Mubasher
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