Tihama temporarily shuts down all stores of a subsidiary

Tihama Advertizing and Public Relations Co. temporarily closed all the retail stores of one of its subsidiaries located in commercial complexes in Saudi Arabia until further notice, it said in a bourse filing on Tuesday.

The closure came in line with the Saudi government precautionary measures to shield the Kingdom against the Coronavirus outbreak.

The relevant financial impact cannot be assessed at present, the statement said, adding updates will be revealed in due course.