Dar Almarkabah for Renting Cars Company has disclosed that Saleh Khalaf Al-Harthi has stepped down from his position on the Board of Directors.

The Riyadh-listed firm operates in the car rental sector and is subject to Saudi corporate governance rules.

In a statement filed with Tadawul, the company indicated that the board will undertake the necessary steps to appoint a new member to fill the vacancy, in line with relevant laws. The identity of the new appointee will be announced later, as per applicable regulations.

Board changes are common in listed companies. The resignation may be for personal reasons, though no details were provided. The company will need to ensure the new member meets regulatory requirements. Investors will watch for the appointment to gauge board stability.