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

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

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

Taiba Holding Co. announces the distribution of dividend

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

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SABIC 114.77 5,915,941
TIRECO Sector Market
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SABIC-MCC joint venture starts output

05/04/2018

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

Doha Bank’s third Indian branch opens today

04/04/2018

Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o

The Peninsula

SHUAA to act as liquidity provider to Bank of Sharjah

04/04/2018

Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than

Gulf News