Saudi Arabia-Based Syarah Opens The Largest Car Refurbishing and Servicing Center In The MENA RegionSyarah aims to strengthen its position as a key player in the online car marketplace in Saudi Arabia.

通过Entrepreneur Middle East Staff

You're reading Entrepreneur Middle East, an international franchise of Entrepreneur Media.

Syarah

Saudi Arabia-based online car e-commerce platformSyarahhas opened a new car refurbishing and servicing center, which has been billed as the largest in the Middle East.

The center boasts a sprawling surface area of 55,000 square meters encompassing all of its facilities. "This new center will enable us to expedite our services and offer an unparalleled used cars e-commerce shopping experience, which furthers our aspiration for nothing but excellence," said Fayez Alanazi, co-founder and CMO of Syarah. Salah Sharef, co-founder and CEO of Syarah, added, "With this new center, we are well-positioned to serve a significant portion of the Saudi market. Our goal is to be the go-to app for used cars in MENA."

Founded in 2015 by Salah Sharef and Fayez Al-Anazi, Syaarah is a platform for selling used cars online in KSA. It offers a full one-year warranty and a ten-day return policy for used cars, with delivery to the customer's doorstep. It has achieved sales of 20,000 cars, while its mobile app has received over six million downloads since its launch. Syarah also recently raised a Series B funding round of US$20 million.

Related:Saudi Arabia-Based Online Cars Marketplace Syarah Raises US$2 Million In Series A Funding

Related Topics

Management

From Setback to Success — 4 Ways to Turn Your Struggles into Resilience

The business world is in flux, and the ability to adapt can be your greatest asset.

Growing a Business

10 Real Ways to Build Self-Discipline and Reach Your Goals

Discover 10 real ways to build self-discipline, eliminate procrastination and reach your goals. Start your journey to self-improvement now.

Business Models

It's No Longer About Competition or Cooperation. This Is the New Force That Is Driving Business Success.

The new book, "The Third Paradigm," discusses how businesses should harness the power of consumers who want a say in creating and improving the products and services they buy.

Business News

Citibank Employee Fired After Lying About Having Two Sandwiches and Expensing Them

Analyst Szabolcs Fekete was based in London in 2022.

Growth Strategies

A New Chapter: UAE-Based Chabaka Gets Acquired By Universal Music Group

Following the acquisition, Chabaka will now become a part of UMG's Virgin Music Group, where it will work closely with the local Virgin and UMG teams in the region.