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Theeb Rent a Car Company announces the addition of heavy transport trucks to its fleet
| Element List | Explanation |
|---|---|
| Announcement Detail | Theeb Rent a Car Company announces the addition of 77 Mercedes Actros trucks, model 2023, from Juffali Commercial Vehicles Company. These trucks are among the latest in the world of heavy trucks, aiming to provide a qualitative addition to Theeb Rent a Car Company's fleet, which exceeds 33,000 vehicles. This expansion is intended to serve the business sector in the Kingdom of Saudi Arabia across various commercial fields, offering diverse solutions in the transportation and logistics services market, which are part of the long-term rental services. The positive financial impact on the company's financial results is expected to appear starting from the fourth quarter of the fiscal year 2024 Theeb Rent a Car Company is one of the leading companies in the car rental sector at both the kingdom and regional levels. Its expertise and leadership have qualified it to obtain a large number of certifications locally and internationally. The company offers a wide range of car rental solutions and services through long-term and short-term rentals and has a broad customer base from various sectors and individuals. The company has over 30 years of cumulative experience, having started its car rental business in 1991, with its number of branches reaching 59, 15 of which are in international and regional airports. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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