# Riyal Investment and Development Company

> Company on the TrustPlane Trade register, with its Wethaq rating and what it sells.

- Profile: https://raabet.io/en/companies/riyal-investment-and-development-company-9584
- Arabic name: ريال
- Saudi Exchange: 9584 (Parallel Market (Nomu))
- Sector: Transportation
- Legal form: Listed Joint Stock Company
- Commercial Registration: 2050024818
- Website: https://riyalmotors.com
- City: Dammam

## Wethaq rating

- Not yet sent to Wethaq

## About

Riyal Investment and Development Company is a Saudi listed company on Nomu (ticker 9584) that operates under the Riyal Motors brand. Its website states it provides vehicle leasing and fleet rental services, and Tadawul’s profile describes it as a car and vehicle rental company. The company’s IPO prospectus says it was founded as a sole proprietorship in Dammam in 1993 and later converted into a Saudi closed joint-stock company in 2022.

## What they sell

- Vehicle leasing (Transportation services)
- Fleet rental (Transportation services)
- Operational lease (Leasing services)
- Long-term leasing (Leasing services)
- Short-term rental (Rental services)
- Sales of vehicles (Vehicle sales)
- Maintenance services (Maintenance services)
- Mobile workshop services (Maintenance services)

## Sources

- https://riyalmotors.com/en
- https://riyalmotors.com/ar
- https://riyalmotors.com/ar/investor-relations
- https://riyalmotors.com/wp-content/uploads/2023/09/Riyal-Investment-Development-Co-IPO-Prospectus_En.pdf
- https://riyalmotors.com/wp-content/uploads/2023/10/Riyal_-Investment_ar.pdf
- https://www.tadawulgroup.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anCat=1&anId=86063&cs=9584&locale=en
- https://www.tadawulgroup.sa/wps/wcm/connect/cf632c1c-7414-4713-b249-189e1375bbaa/FY%2B2023%2BListings%2BReport_EN_20.03.24_LR.pdf?CACHEID=ROOTWORKSPACE-cf632c1c-7414-4713-b249-189e1375bbaa-oVLUleU&MOD=AJPERES

- Last updated: 2026-09-19