Abdulmohsen Alhokair Group for Tourism and Development (1820)

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) appointed Sami Abdul Mohsen Abdulaziz Al Hokair as the Chairman of the board for four years. Faisal Mohammed Ibrahim Al Malik was named as the board’s Vice …

Riyadh – Mubasher: Sami Abdulmohsen Al Hokair resigned from his position as the CEO of Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group). Al Hokair resigned from his position on 25 February 2024, yet the resignation will be …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) penned an agreement valued at nearly SAR 760 million, according to a bourse filing. The listed firm inked the contract with Alpha Facilities Contracting …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) and Newrest Company signed a memorandum of understanding (MoU) to establish a new company in Saudi Arabia. The joint venture (JV) will operate the inflight …

Riyadh – Mubasher:  The net losses after Zakat and tax of Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) shrank by 60.57% to SAR 22.25 million in the first nine months (9M) of 2023, versus SAR 56.43 million in 9M-22. …

Riyadh – Mubasher: Fahd bin Muhammad Al Fawaz, the CEO of Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group), resigned from his position due to personal reasons. The company’s board accepted Al Fawaz’s resignation on 3 January …

Riyadh – Mubasher: The accumulated losses of Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) reached 0% of the capital as of 6 October 2022, according to a bourse filing. The firm absorbed accumulated losses of SAR 335 …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) has signed two contracts worth nearly SAR 94 million with a commercial company specialised in the field of entertainment, according to recent bourse …

Riyadh – Mubasher: The Capital Market Authority (CMA) approved the request of Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) to reduce its capital to SAR 315 million from SAR 650 million. Meanwhile, the reduced capital …

Riyadh – Mubasher: The board of Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) approved amending its previously proposed capital cut to 51.54% from 46.15%.  Accordingly, the group’s capital will be reduced to SAR 315 …

Riyadh – Mubasher: The net losses after Zakat and tax of Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) plummeted by 48.99% to SAR 66.34 million in the first half (H1) of 2022, versus SAR 130.05 million in H1-21. The …

Riyadh – Mubasher: The board of Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) has recommended reducing the capital from SAR 650 million to SAR 350 million. The 46.15% capital reduction proposal aims to offset 98.79% of …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) reported net losses after Zakat and tax of SAR 31.37 million in the first quarter (Q1) of 2022, an annual plunge of 47.80% from SAR 60.10 million. The …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) has incurred net losses after Zakat and tax worth SAR 171.58 million in 2021, down 14.27% from SAR 200.16 million in 2020. The revenues stood at SAR 708.42 …

Riyadh – Mubasher: Arabia Insurance Cooperative Company has been awarded a contract from Al Hokair Group of Companies on 9 February to provide general insurance services. The contract value is estimated to be SAR 25 million, while the two parties …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development (Alhokair Group) has turned to net profits after Zakat and tax worth SAR 6.18 million during the third quarter (Q3) of 2021, against losses of SAR 109.32 million in Q3-20. …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development has sold 1.56 million shares for a value of SAR 24.62 a share, which represented the unsubscribed volume of the company’s rights issue. The total amount of the subscribed …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development announced that 29.13 million out of 30.7 million shares were subscribed at a value of SAR 291.37 million in a rights issue. The coverage percentage has reached 94.91%, …

Riyadh – Mubasher: The shareholders of Abdulmohsen Alhokair Group for Tourism and Development gave the green light for reducing the capital to offset accumulated losses then increasing it to raise solvency and lower borrowing rates. Alhokair Group …

Riyadh – Mubasher: The Saudi Capital Market Authority approved Abdulmohsen Alhokair Group for Tourism and Development’s request to reduce the capital by SAR 207 million, according to an official statement on Wednesday. The capital will stand at …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development has named Majid bin Abdul Mohsen Al Hokair as the Chairman of the board for a three-year term starting 19 April 2021. The shareholders also named Amr bin Abdulaziz Al Jalal …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development Company incurred SAR 200.16 million in net losses after Zakat and tax in 2020, up by 40% year-on-year (YoY) from SAR 143 million. The Saudi group’s revenues declined to SAR …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development Company inked an agreement with Saudi British Bank (SABB) to reschedule Islamic credit facilities worth SAR 89.024 million. The rescheduling will have a positive impact on …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development Company said its 31%-owned subsidiary, Luxury Entertainment LLC, opened on 4 January its first two movie theatres in Saudi Arabia under Cinepolis brand name. The first …

Riyadh – Mubasher: Abdulmohsen Alhokair Group for Tourism and Development Company submitted requests to the Capital Market Authority (CMA) for a capital cut and increase, according to a bourse filing on Thursday. Alhokair Group wants to lower its …