Taiba Investments, the leading hospitality company in Saudi Arabia, posted SAR 131.3 million of profits during the first quarter of 2025, up 37% compared to the same period last year, a rise driven by increased revenues from the company’s hotel and residential sectors, according to a statement on the Saudi Stock Exchange (Tadawul) website.

The company’s net profits for the first quarter of this year increased by 36.6% year-on-year to SAR 131.3 million, compared to SAR 96.1 million during the first quarter of 2024, the statement said.

During the first quarter of 2025, Taiba Investments posted operating revenues of SAR 357.8 million, an increase of SAR 25.7 million or 7.7% compared to SAR 332.1 million of the same quarter of 2024. This growth is primarily attributable to higher revenues from the company’s hospitality and residential sectors, driven by improved occupancy rates and increased revenues from the company’s properties in both Makkah and Madinah due to the rise in the number of visitors and Umrah pilgrims, as well as the seasonality of operations.

Earnings per share jumped 36.6% during the first quarter of this year to 0.50 riyals, compared to 0.37 riyals during the same period last year.

On a quarterly basis, Taiba Investments’ revenues for the first quarter of 2025 increased by SAR 20.5 million, or 6.1%, compared to the last quarter of 2024. This increase is attributable to higher revenues from the company’s properties, supported by the seasonal nature of operations. Meanwhile, the company’s net profit jumped 45.7% during the first quarter of this year, an increase of SAR 41.2 million compared to the fourth quarter of 2024, due to the increase in revenues.

Sultan Badr Al-Otaibi, CEO of Taiba Investments, commented: “The increase in Taiba Investments’ profits during the first quarter of 2025 comes in light of the significant development of the tourism sector in the Kingdom and the enablers and support provided by the Saudi government within the goals of Saudi Vision 2030.”

“This development has positively impacted the hospitality sector and led to a clear improvement in the sector’s revenues,” Al-Otaibi stressed.

“The financial statements for the first quarter of this year demonstrate the strong returns of the company’s investment in providing a comprehensive and upscale accommodation experience, meeting the highest international standards, for pilgrims and Umrah performers, reflecting the authenticity of Saudi hospitality and enhancing the spiritual experience for visitors to Makkah and Madinah.”, Al-Otaibi added.

Taiba Investments has a portfolio of approximately 40 properties, including hotels, residential communities, and commercial plazas. Taiba manages over 7,700 keys and has an additional 8 properties in development, in addition to partnerships with global hotel brands such as Marriott International, Sheraton, Crowne Plaza, and Holiday Inn.

أعلن مجلس التجارة الدولي عن منح الدكتور خليفة سيف المحيربي رئيس مجلس إدارة شركة الخليج العربي للاستثمار لقب أفضل شخصية عقارية عالمية للعام 2025، وجائزة الشخصية التجارة الدولية للعام 2025، وذلك خلال الحفل الذي أقامه مؤخرا في العاصمة البريطانية لندن مؤخرا، بحضور أكثر من 300 شخصية إقتصادية ودبلوماسية بارزة.

وأكد الدكتور خليفة سيف المحيربي أن حصوله على كل من اللقب الجديد والجائزة يأتي تتويجا لمسيرته الطويلة والهامة في القطاع العقاري على الصعيدين الإقليمي والعالمي، موضحا أن هذا القطاع العقاري أصبح من أهم القطاعات الاقتصادية خاصة في دولة الامارات التي تحولت إلى أهم وجهة للاستثمار العقاري على مستوى العالم، وانتقال أثرياء العالم للإقامة والعيش بها، وإطلاق أعمالهم منها.
وذكر د.المحيربي أن القطاع العقاري مايزال يحافظ على جاذبيته ويحقق أعلى الأداء والايرادات بسبب مواصلة الطلب على الشراء والتملك خاصة في المشاريع العقارية النوعية التي يتم اطلاقها في دولة الامارات.
وأوضح أن الطلب على العقارات في كل من أبوظبي ودبي ورأس الخيمة قد فاق التوقعات ومايزال يحظى بإهتمام المستثمرين الأجانب الراغبين بالشراء بغرض الاستثمار والاستخدام النهائي.

وتوجه د.المحيربي بالشكر والتقدير إلى القائمين على مجبس التجارة الدولي، والثقة الكبيرة التي منحوه إياها عبر هذا التكريم الهام.

وقد نظم المجلس التجارة الدولي الحفل للإعلان عن إطلاق دراستين رائدتين: “سد الفجوات: ترويج التجارة والاستثمار الأجنبي المباشر” و”الفرص الاقتصادية العالمية 2025″.
ويقدم تقرير “سد الفجوات” مجموعة أدوات عملية لإنشاء وإدارة هيئات فعّالة لترويج التجارة والاستثمار.

بينما استعرض تقرير “الفرص الاقتصادية العالمية 2025” أكثر من 6 مليارات دولار أمريكي من مشاريع الاستثمار الأجنبي المباشر المُعتمدة في 63 دولة، والمصممة لتحفيز التعاون عبر الحدود والتنمية المستدامة.

 Tashkeel Publishing and Distribution has released the long-awaited English edition of “Laith the First: The Unknown King of England”, a novel by best-selling Saudi author Dr. Waleed Alshalan
The novel spans nearly a thousand years of history, beginning with the reigns of Henry I and Henry II during the rise of the Plantagenet dynasty, and concluding in the year 2016. It presents a biography of a putative English king, Laith the First, who was born and buried in the ancient city of Dumat al-Jandal in modern-day Saudi Arabia.
The novel combines elements of history, action and romance. It also contains layers of mathematics and cryptography.
According to the author, the novel aims to emphasize the principle of the unity of destiny and the intertwining of human history, to introduce the heritage of the historic city of Dumat al-Jandal, and to educate the Arab reader about British history through the method of edutainment.
Released in 2017, the Arabic edition of the novel received widespread positive feedback, achieved strong sales, and holds a rating of over 4 out of 5 stars on Goodreads.
The text of the novel, which was translated into English in 2025, took the author three years to research and write.
The novel’s original Arabic edition featured a visually rich cover by renowned calligrapher Fahad Al Majhadi and award-winning photographer Hussain Daghriri, with striking charcoal illustrations by Rawan Al-Shalan.
Waleed Alshalan is a Cybersecurity researcher and academic. He holds a Bachelor’s degree in Computer Science from King Saud University, followed by a Master’s degree (with distinction) and PhD in Information Security from Royal Holloway, University of London.
Alshalan has authored two scientific books that are taught at several universities, in addition to dozens of papers published in international journals. He has also written 3 novels, including “Leonardo Davin Ci”, which topped the bestselling list in Saudi Arabia in 2021.