Taiba Investments Co (4090)

Riyadh – Mubasher: The shareholders of Taiba Investments Company approved the board’s recommendation to disburse cash dividends amounting to SAR 169.29 million for 2023. Eligible shares will receive a dividend of SAR 0.65 per share, representing …

Riyadh – Mubasher: The net profit of Taiba Investments Company soared 78.05% year-on-year (YoY) in net profit to SAR 110.50 million during the first quarter (Q1) of 2024 from SAR 62.06 million. Revenues leapt 199.27% YoY to SAR 332.07 million in …

Riyadh – Mubasher: The net profit of Taiba Investments Company declined by 21.33% year-on-year (YoY) to SAR 109.80 million in 2023 from SAR 139.57 million. Revenues soared 62.41% YoY to SAR 536.41 million last year from SAR 330.28 million, …

Riyadh - Mubasher: The board of Taiba Investments Company appointed Bader bin Abdullah Al Issa as the Chairman and Anas bin Mohammed Saleh Serafi as the Vice Chairman of the board, both in non-executive roles. In its 28 December 2023 meeting, the …

Riyadh – Mubasher: The Capital Market Authority (CMA) recently approved Taiba Investments Company’s request to increase its capital from SAR 1.60 billion to SAR 2.60 billion to acquire Dur Hospitality Company through a securities exchange offer. …

Riyadh – Mubasher: Taiba Investments Company registered net profits after Zakat and tax amounting to SAR 143.51 million in the first nine months (9M) of 2023, an annual leap of 46.99% from SAR 97.63 million. Revenues hiked by 59.27% year-on-year …

Riyadh – Mubasher: Taiba Investments Company logged net profits after Zakat and tax valued at SAR 89.63 million in the first half (H1) of 2023, an annual surge of 63.44% from SAR 54.84 million. In the six-month period that ended on 30 June 2023, …

Riyadh – Mubasher: The net profit after Zakat and tax of Taiba Investments Company enlarged by 204.96% to SAR 62.06 million in the first quarter (Q1) of 2023, versus SAR 20.35 million in Q1-22. The firm posted revenues worth SAR 110.96 million in …

Riyadh – Mubasher: Taiba Investments Company turned profitable at SAR 139.57 million in 2022, compared to net losses after Zakat and tax worth SAR 117.29 million a year earlier. Meanwhile, the revenues amounted to SAR 330.28 million as of 31 …

Riyadh – Mubasher: Savola Group inked an agreement to sell its entire shares in Knowledge Economic City and Knowledge Economic City Developers Company Limited to Taiba Investment Company for SAR 459.26 million. The General Authority for …

Riyadh – Mubasher: Taiba Investments Company swung to net profits after Zakat and tax worth SAR 97.63 million during the first nine months (9M) of 2022, versus net losses of SAR 53.17 million in 9M-21. Revenues enlarged by 136.37% year-on-year …

Riyadh – Mubasher: Taiba Investments Company turned profitable in the first half (H1) of 2022, earning SAR 54.84 million in net profits, against net losses of SAR 14.79 million in H1 of 2021. Profit per share during the six-month period ended 30 …

Riyadh – Mubasher: Taiba Investments Company has signed an agreement at a total value of SAR 220 million to purchase a commercial centre in Riyadh Taiba Investments penned the deal with Mohammed Ibrahim Alsubeaei & Sons Investment Company (MASIC) …

Riyadh – Mubasher: The interim financials of Taiba Investments Company have recorded net profits after Zakat and tax of SAR 20.35 million in the first quarter (Q1) of 2022, against net losses of SAR 1.91 million in the corresponding period of …

Riyadh – Mubasher: The ordinary general meeting (OGM) of Taiba Investments Company has agreed to distribute interim cash dividends for the third quarter (Q3) of 2021, equivalent to 40% of the capital. The cash dividend payout stands at SAR 4 per …

Riyadh – Mubasher: Taiba Investments Company will distribute exceptional cash dividends totalling SAR 641.82 million for the third quarter (Q3) of 2021, according to a bourse filing on Monday. The company will pay SAR 4 per share, representing 40% …

Riyadh – Mubasher: Taiba Investments Company has incurred net losses after Zakat and tax worth SAR 53.17 million during the first nine months of 2021, versus profits totalling SAR 106.91 million in the same period a year earlier. The loss per …

Riyadh – Mubasher: Taiba Investments Company has awarded the main work contract for its Riyadh hotel project, which will be constructed over a land plot, spanning over 11,073 square meters, owned by its subsidiary Al Aqeeq Real Estate, to Al Saad …

Riyadh – Mubasher: Taiba Investments Company has signed a hotel management agreement with AccorHotels to manage and operate a four-star Novotel Hotel in Madinah and to provide a full spectrum hotel service for the visitors to Al Masjid Al Nabawi, …

Riyadh – Mubasher: Taiba Investments Company has extended a memorandum of understanding (MoU) with Shuaa Capital Saudi Arabia Company to conclude the acquisition of the two companies owning Centro Waha Hotel Riyadh and Centro Shaheen Hotel Jeddah. …

Riyadh – Mubasher: Taiba Investments Company incurred net losses after Zakat and tax worth SAR 14.79 million in the first half (H1) of 2021, against net profits of SAR 130.39 million in H1-20. The loss per share stood at SAR 0.09 in H1-21, versus …

Riyadh – Mubasher: Taiba Investments Company and Shuaa Capital Saudi Arabia have extended the signed memorandum of understanding (MoU) for 45 days starring 25 July to finalise the due diligence process for the acquisition transaction, according to …

Riyadh – Mubasher: Taiba Investments Company said its fully-owned subsidiary Al Aqeeq Real Estate Development Company has ended a lease agreement with Elaf Hotels Company, according to a bourse filing on Monday. The deal covered leasing out Al …

Riyadh – Mubasher: The board members of both Taiba Investments Company and Dur Hospitality Company have agreed to start initial preliminary negotiations to consider merging the two entities. Taiba Investments and Dur Hospitality will announce any …

Riyadh – Mubasher: Taiba Investments Company signed a memorandum of understanding (MoU) with Shuaa Capital Saudi Arabia to fully acquire the companies owning Centro Waha Hotel Riyadh and Centro Shaheen Hotel Jeddah. Taiba Investments will pay SAR …