31/08/2016 05:22 AST

The ITL World, the travel and tourism arm of Saudi-based Eram Group, will open its first office in the United Kingdom on Wednesday. The new office of the ITL World, one of the key ventures of the Group, is coming up at Ilford, Essex, in London.

Abdulaziz Mohammed Al-Babtain, managing director and CEO, National Agricultural Development Company (NADEC), will inaugurate the office. "A host of dignitaries, including Members of British Parliament, GCC ambassadors to the UK, representatives of the Indian High Commission and prominent businessmen of UK will attend the function," said Dr. Siddeek Ahmed, chairman and managing director, Eram Group.

"We first commenced our operations in Dubai in 2006. Today, we have over 35 fully-owned and operating offices in markets encompassing Saudi Arabia, Kuwait, Bahrain, Qatar, UAE, Oman, India, Malaysia and Thailand. ITL World is continuing to expand its presence into Europe by opening an office in London," Dr. Siddeek Ahmed said.

Rated consecutively as the fifth most powerful travel management company in the Middle East by Arabian Travel News, ITL World has been catering to a wide portfolio of clientele across Asia and the Middle East. It has been the preferred partner of several global travel brands and tourism boards in the region.

Recently, globally-renowned corporate travel giant - CTM (Corporate Travel Management) chose ITL World as their partner across the Middle East. With travel brands such as Miceminds, Arabian Experience, Tripmakers and EduVoyage under its portfolio, ITL World offers travel solutions to government entities, corporate business houses, MICE (Meetings, Incentives, Conferences, Events) segments, luxury travel, sports travel, wellness travel and student travel segments and much more.

Al-Babtain has been working in NADEC since 1984. He is also the Vice-chair and Executive Committee Chair, National Center for Palms and Dates, 2014.

NADEC is one of the largest agricultural and food-processing share stock companies in the Gulf and Mena regions. Established in 1981 by royal decree, it is a joint stock public company - 20 percent owned by the Saudi government, with the rest publicly traded on the Saudi Stock Exchange.

It is one of the very few and largest vertically-integrated dairy businesses in the world. Abdulaziz Mohammed Al-Babtain has been instrumental in the creation of NADEC Dairy and Beverages. NADEC Agriculture heralded a new era for the company, with the vision of long-term success as an independent company in open markets since he took over.


Saudi Gazette

BABTAIN Q4 Net Profit Increases 52.31 Percent

19/01/2014

Net profit of Al-Babtain Power and Telecommunication Company (BABTAIN) during the 4th Q 2013 amounted to SAR 19.8 million versus SAR 13 million for the same quarter of last year with an increase of 5

Gulfbase.com

BABTAIN announces audited financial results

26/02/2013

AL-BABTAIN POWER & TELECOM CO. announces audited financial results ending on 31/12/2012:

1) The consolidated net income amounted to SR 78.3 million, an increase of 1.8 % compared to last y

Tadawul

Babtain announces its consolidated interim financial results

22/01/2013

Al-Babtain Power & Telecom Company (Babtain) has announced its consolidated interim financial results for the period ending 31/12/2012 (Twelve months):

(1)Net profits for the fourth quarter

Tadawul

Ticker Price Volume
TRAFCO 0.29 0
EMIRATES 58.80 0
JAZADCO 13.40 253,503
ANAAMHOLDING 1.25 14,471,369
OMVS 0.33 3,105
KHALEEJI 0.08 140,793
SAUDIKAYAN 6.74 2,338,843
ALBABTAIN Sector Market
P/E
Price/BookValue
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
RIYADHCABLES 142.80 0.40 (0.28%)
ASTRAINDUSTRIAL 188.00 0.40 (0.21%)
OBEIKANGLASS 47.20 0.75 (1.61%)
RAOOM 137.40 -2.20 (-1.58%)
SAUDICERAMICS 35.10 0.00 (0.00%)
EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette

S&P affirms QIB rating at A-

05/04/2018

Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating

Gulf Times

Qatar National Bank seeks growth in Southeast Asia

05/04/2018

Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told

The Peninsula