Thursday 26 May 2016
 
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Jarir

Jarir warns Q1 sales may fall by up to 30pc

Saudi Arabia's Jarir Marketing expects its first-quarter sales to fall by up to 30 percent year-on-year, the retailer warned on Tuesday. Most of its product lines will see lower sales, particularly high-end smart phones and co

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Saudi retailer Jarir Marketing Q4 profit flat

Jarir Marketing, one of Saudi Arabia's largest retailers by market value, posted a fourth-quarter net profit flat to the previous year on Thursday, in line with analysts' estimates. It made a net profit of SR208.1 million

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Saudi bookstore pulls Trump books from shelves

Saudi Arabia-based retail chain Jarir Bookstore has removed books written by US presidential candidate Donald Trump from its shelves, it said on Tuesday, part of a backlash against his proposal to stop Muslims from entering the US.

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‘Saudi population growth to offset oil drag on economy’

Strong population growth and rising incomes among women in Saudi Arabia should offset any blow to the economy from low oil prices, according to one of the country's largest retailers.   Jarir Marketing Co sai

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‘Saudi population growth to offset oil drag on economy’

Strong population growth and rising incomes among women in Saudi Arabia should offset any blow to the economy from low oil prices, according to one of the country's largest retailers.   Jarir Marketing Co sai

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Saudi retailer Jarir records 14pc Q2 profit

Jarir Marketing, Saudi Arabia's second-largest retailer by market value, said it has posted a 14.6 per cent rise in second-quarter net profit, falling slightly short of analysts' forecasts. It made a net profit of SR154.9

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Saudi retailer Jarir records 14pc Q2 profit

Jarir Marketing, Saudi Arabia's second-largest retailer by market value, said it has posted a 14.6 per cent rise in second-quarter net profit, falling slightly short of analysts' forecasts. It made a net profit of SR154.9

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Jarir posts 25.5pc Q4 profit jump

Jarir Marketing, Saudi Arabia's second-largest listed retailer by market value, beat analysts' estimates as it posted a 25.5 per cent increase in fourth-quarter net profit on Wednesday on the back of higher turnover. It ma

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Saudi retailer Jarir net profit up 16pc

Saudi Arabia retailer Jarir Marketing has posted a 16 per cent rise in fourth-quarter net profit, slightly above estimates as sales of smart phones, tablets and office supplies increased. The company made a net profit of SR160 mil

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Saudi labour law helps lift consumer spending

Saudi labour reforms to nudge more local people and notably women into jobs once held by expatriates have raised consumer spending and boosted revenue for retailers, Muhammad Al-Agil, chairman of Jarir Marketing Co, said. Jarir, w

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