Logo of Theeb Rent a Car Co.
Theeb Rent a Car Co. purchased today, July 21, as many as 77 Mercedes-Electro 2023 model trucks from Juffali Industrial Products Co. (JIPCO), upscaling its fleet to over 33,000 vehicles, the company said in a statement on Tadawul.
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The company said this expansion aims to serve the business sector in Saudi Arabia across various commercial fields, offering diverse solutions in the transportation and logistics field as part of long-term rental services, the statement added.
The positive financial impact is expected to be seen from Q4 2024.
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