Riyadh – Mubasher: Cherry Trading Company was awarded a car rental project from the Saudi Ministry of Culture.
The company received the formal award letter on 22 September 2026, marking a significant addition to its service portfolio.
Under the terms of the agreement, Cherry Trading will provide various rental vehicles to the Ministry of Culture for a duration of 36 months.
The contract period is scheduled to commence upon the formal signing of the agreement. While the specific monetary value was not disclosed, the company confirmed the contract exceeds 5% of its total revenues for 2025.
The execution of the final contract is expected to take place on 11 October 2026. Shari Trading confirmed that there are no related parties involved in this transaction.
The project aligns with the company's ongoing operations to provide specialized transportation and rental solutions to government entities within the Kingdom.
