Established in 1988, Taiba Investments Company is a key player in the development of Madinah, Saudi Arabia. The company boasts investments in various subsidiaries and associates, including notable entities like the Prince Mohammed bin Abdulaziz Airport Hotel, Knowledge Economic City, and Kinan International For Real Estate Development. Notably, in October 2021, Taiba secured a significant contract for the Riyadh Hotel, valued at $100.6 million. As of September 2021, Taiba Investments recorded total assets amounting to $1.2 billion.
Led by CEO Saleh Alhabdan, Taiba Investments Company aligns its vision towards leadership in investment and real estate development.
Taiba's subsidiary Kinan International For Real Estate Development focuses on property management, residential and commercial development, with notable projects spanning Jeddah and Riyadh. Makkah Construction And Development, another subsidiary, undertakes property and real estate projects near the Grand Mosque in Makkah, enhancing the city's infrastructure and amenities.
Taiba Investments Company, established in 1988, is a major player in Madinah, Saudi Arabia's growth landscape. Under CEO Saleh Alhabdan's leadership, the company has positioned itself to play a vital role in realising Saudi Arabia's Vision 2030 goals for economic diversification.
Taiba Investments is a significant player in diversified fields such as hotel management, commercial real estate, and property management through significant investments in subsidiaries and partners. Notable developments include the $100.6 million Riyadh Hotel project, Knowledge Economic City, Kinan International for Real Estate Development, and the Prince Mohammed bin Abdulaziz Airport Hotel.
Taiba Investments is a hotel industry leader, with Taiba Suites and Taiba Front Hotel offering 990 rooms and suites in addition to commercial space. The ARAC Residential and Commercial Centre and the Al Majeedi Residential and Commercial Centre are two of the company's commercial real estate projects, both located in the heart of Madinah.
Taiba Investments actively contributes to Vision 2030 through initiatives such as Madinat Al Seera for Real Estate Development, which manages and constructs a variety of centres, including residential, commercial, medical, educational, sports, and entertainment facilities.
Since its inception in 1988, Taiba has been listed on the Saudi Stock Exchange "Tadawul" (TDWL) and has its headquarters in the historic city of Madinah, Saudi Arabia.
Among Taiba's notable achievements are the Taiba Residential and Commercial Center and the Al Majeedi Commercial Center, both situated in prime locations within central Madinah. The Al Majeedi Commercial Center, in particular, stands as the first and largest shopping complex in the region. Taiba also has ventured into the hospitality sector with the development of Millennium-operated hotels.
Taiba Investments is aligned with Saudi Arabia's Vision 2030, actively supporting the nation's ambitious goals of economic transformation and diversification. By investing in sectors crucial to Vision 2030, such as tourism, Taiba plays a pivotal role in driving growth and development in the public service domain.
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