Raydan announces closure of branch in Al-Sharafiya neighborhood in Jeddah

Raydan Food Company announced on Wednesday the closure of its branch located in Al Sharafiyah neighborhood, King Fahd Road in Jeddah.

This is based on the decisions issued by the competent authorities to remove some neighborhoods within the scope of the company’s branch, where the sales of this branch represent 5% of the company’s total sales.

The necessary procedures will be taken to address the financial impact of that closure during the 2022 financial period.