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13/04/2015 19:39 AST
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.
The y-o-y profit growth was due to the capital gains arising from sale of Bakah Arak hotel and the compensation received for some plots acquired for expansion of the Holy Prophet Mosque area, as well as the dividend income from investments and reduction in general and administration expenses, the company said.
It ascribed the q-o-q profit decline to the capital gains arising from the compensation received by subsidiary Al-Aqeeq for various land plots acquired for the expansion of Holy Prophet Mosque area during the last quarter.
Mubashar
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
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
19/06/2013
The Board of Directors of Taiba Holding Co. has recommended the distribution of dividend to the shareholders for the period second quarter 2013 as following:
1.Total amount of distribution
Tadawul
| Ticker | Price | Change |
|---|---|---|
| JABALOMAR | 26.20 | 0.35 (1.35 |
| DARALARKAN | 18.20 | 0.68 (3.88 |
| EMAAREC | 16.98 | 0.12 (0.71 |
| MCDC | 110.00 | -0.20 (-0.19 |
| CENOMICENTERS | 21.10 | -0.06 (-0.29 |
21/02/2025
Abu Dhabi's Adnoc raised about Dh10.4 billion ($2.84 billion) from the sale of 3.1 billion shares in Adnoc Gas on "exceptional" demand from Gulf and international institutional investors.
Th
The National
20/02/2025
Saudi Tadawul Group said it's targeting more mergers and acquisitions as it looks to further develop the local capital market and draw in foreign investors.
The owner of the Saudi stock excha
Bloomberg
20/02/2025
In a grand display of community spirit and dedication to sustainability, LuLu Saudi Hypermarket hosted the highly anticipated LuLu Walkathon on Saturday, February 15, 2025, to commemorate Saudi Found
Saudi Gazette
19/02/2025
Commercial Bank has participated in the 'Tawteen' initiative, a nationalisation programme led by the Ministry of Labour (MoL) aimed at empowering Qatari nationals in line with Qatar National Vision 2
Gulf Times
18/02/2025
The Saudi Dairy and Food Products Company participated in the 12th Career Forum at King Abdulaziz University. The event took place from Feb. 2 to 6, under the patronage of Prince Saud bin Mishal bin
Arab News
Financial Information Co.
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