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Theeb Rent a Car Announces the Opening of Its New New Al-Munsiyah Branch in Riyadh

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THEEB
2.36 %
1447/12/28     14/06/2026 16:03:47

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Announcement Detail Theeb Rent a Car has inaugurated its new branch in Riyadh, located on Dammam Road in the Al-Munsiyah district. This expansion comes as part of the company’s ongoing efforts to strengthen its branch network and execute its strategic plan focused on continued growth across various cities and governorates in Saudi Arabia.

The new branch features a distinctive design inspired by the traditional “Sulaimani” architectural style and represents a new addition to Theeb’s branch network in the Central Region. With this opening, the company’s number of branches in the Central Region has reached 21, while the total number of branches across the Kingdom has increased to 70. This expansion reflects the company’s commitment to serving different regions and enhancing its presence throughout Saudi Arabia.

Commenting on the opening, the CEO of Theeb Rent a Car, Mr. Naif bin Mohammed Al-Theeb, stated:

“The opening of the new Al-Munsiyah branch in Riyadh represents a continuation of our expansion plans in the Central Region and reflects our commitment to providing high-quality services that meet the expectations of our customers across different cities.”

Theeb Rent a Car is considered one of the leading companies in the car rental sector in Saudi Arabia and the region. Through its expertise and leadership, the company has obtained numerous local and international certifications. The company offers a comprehensive range of car rental solutions and services, including both long-term and short-term rentals, serving a broad customer base across various sectors and individual clients.

The company possesses over 34 years of accumulated experience, having launched its car rental operations in 1991. Today, it operates 70 branches across the Kingdom, including 14 branches located in international and regional airports, supported by a fleet exceeding 45,000 vehicles.

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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Last Price 23.4
Net Change 0.54 (+2.36%)
Value Traded (Sar) 24,285,959.77
Volume Traded 1,035,971
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