“Lamasat”: The company’s branch in “Yanbu” will start operating next Sunday
Lamasat Company announced the completion of the construction work related to its project at the Royal Commission in Yanbu City, and the completion of obtaining the necessary licenses to begin the actual operation of the project.
The company had announced on its website "Saudi Arabia trading"On February 18, 2025, a contract was signed and awarded at the Royal Commission in the city of Yanbu for the purpose of carrying out the work of establishing a new branch for the company.
She added that the branch is scheduled to be inaugurated, begin operating, and receive customers in it as of next Sunday, January 18, 2026 AD, under the name (Lamasat).
According to the statement, the opening of the second branch in the city of Yanbu comes in accordance with the expansion plan developed by the Board of Directors for the purpose of enhancing the presence of… The company is in the market, expanding its customer base, and increasing the market share in the services sector, in line with the company’s strategy for growth and achieving sustainable returns for shareholders.
It is expected that the financial impact of the project will be reflected in the second quarter of 2026 AD.
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