SR.No: 54
Jarir Marketing Company
Sector: Retail
Date of Establishment: 1979
Country: Saudi Arabia
CEO and Vice-Chairman: Abdulkarim Bin Abdulrahman Al-Agil
Sales: $2.5 billion
Profits: $268 million
Assets: $1.1 billion
Market Value: $6.4 billion
The Jarir Marketing Company was founded as a small bookstore 47 years ago. Today, it has expanded to 65 showrooms across Saudi Arabia, Kuwait, Qatar, and the U.A.E. selling consumer IT products, electronics, office supplies, and books. In May 2021, it opened its 56th store in Saudi. In 2020, the company recorded $2.5 billion in sales, a growth of around 10.5% compared to 2019. In April 2020, the company contributed $5.3 million toward Saudi Arabia’s Health Endowment Fund to support its effort in fighting the pandemic.