12/08/2025 05:00 AST

Millennium Hotels and Resorts Middle East & Africa, in partnership with Saudi Forward Hospitality Company Taiba, has announced the relaunch of Millennium Al Aqeeq and Millennium Taiba in Madinah.

Strategically located steps from Al-Masjid An-Nabawi, both properties offer a spiritually enriching stay experience for Umrah pilgrims, families, and travellers seeking comfort rooted in Islamic hospitality.

"These properties are more than key assets in our portfolio-they are landmarks of faith, connection, and culture," said Ali Al Zaabi- President of Millennium Hotels MEA. "Our partnership with Taiba ensures that every guest, whether a pilgrim, traveller, or visitor, is welcomed with a seamless, enriching experience rooted in the values of Islamic hospitality and cultural reverence."

Following an extensive enhancement of service and guest touchpoints, the hotels will offer upgraded digital booking journeys, enhanced dining concepts, and customised services for religious travellers.

Sultan Al-Otaibi, Chief Executive Officer, Taiba, commented: "This strategic relaunch embodies our shared vision with Millennium Hotels and Resorts Middle East & Africa, to deliver world-class hospitality experiences that honor the spiritual significance of Madinah. At Taiba, we recognise the profound responsibility that comes with serving pilgrims and visitors to one of Islam's holiest sites. "

Al-Otaibi added: "Through this partnership, we are raising the standard of religious hospitality, seamlessly blending comfort, reverence, and service excellence. This initiative is a key milestone in our broader commitment to support the goals of Saudi Arabia's Vision 2030, particularly in positioning the Kingdom as a leading global destination for religious tourism."


Trade Arabia

Millennium, Taiba in partnership to build 4 hotels in Makkah, Madinah

15/06/2015

MILLENNIUM & Copthorne Hotels, Middle East and Africa, has signed four new hotels in Saudi Arabia with Taiba Holding Company.

The signing is part of the group's strategic expansion plan, w

Saudi Gazette

Taiba Q1 profits surge 240%

13/04/2015

Taiba Holding Co recorded SAR 202.3 million in net earnings during the first quarter of 2015, soaring 240% form SAR 59.5 million in Q1-14 but falling 27.3% from SAR 278.3 million in Q4-14.

Mubashar

TIRECO announces interim financial results for year 2013

19/01/2014

Net profit of Taiba Holding Company (TIRECO) during the 4th Q 2013 amounted to SAR 64.5 million versus SAR 42.4 million for the same quarter of last year with an increase of 52.12 %, compared to SAR

Gulfbase.com

Ticker Price Volume
TAIBA Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
MASAR 23.44 -0.68 (-2.82%)
JABALOMAR 17.98 -0.32 (-1.75%)
DARALARKAN 16.12 0.33 (2.08%)
EMAAREC 12.77 -0.19 (-1.47%)
MCDC 75.45 -0.05 (-0.07%)
Gulf Bank showcases banking services and red Account benefits for youth

22/09/2025

Gulf Bank announced its sponsorship and participation in the orientation event for new students organized by the American University of Kuwait, as part of its ongoing commitment to engage with new st

Kuwait Times

Ooredoo sells 6% stake in Meeza; to focus on expansion of Syntys

22/09/2025

Ooredoo Group has sold a minority 6% stake in Meeza- QSTP, Doha's leading managed information technology services and solutions provider, to certain funds managed by Fiera Capital (UK) at the current

Gulf Times

FTSE Russell includes Al Mahhar Holding in global equity Index Series

22/09/2025

Al Mahhar Holding Company, a public shareholding company providing specialised services and products to the energy and infrastructure sectors, has been included in the FTSE Russell Global Equity Inde

Gulf Times

AD Ports breaks ground on $380m Angolan ports terminal

22/09/2025

AD Ports Group has laid the foundation stone for the Noatum Ports Luanda Terminal at the Port of Luanda, marking the commencement of one of the most significant port modernisation and expansion proje

Trade Arabia

QIMC buys Qatar Oman Investment's 7% stake in QALEX

22/09/2025

Qatar Industrial Manufacturing Company (QIMC) has signed an agreement to purchase a 7% stake held by Qatar Oman Investment Company in Qatar Aluminum Extrusion Company (QALEX), bringing its total stak

Gulf Times