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Taiba Investments Profits Soar 37% For Q1 of 2025

Published

7 months ago

May 11, 2025

Editor

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.

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“بن غاطي” تبيع أغلى بنتهاوس في الشرق الأوسط بمشروع “بوغاتي ريزيدنسز” بقيمة 550 مليون درهم

Published

2 days ago

December 13, 2025

Editor

سجّلت شركة “بن غاطي” إنجازًا عالميًا جديدًا بعد إتمام بيع أغلى بنتهاوس في دبي والشرق الأوسط بقيمة 550 مليون درهم داخل مشروع “بوغاتي ريزيدنسز من بن غاطي” في منطقة الخليج التجاري، لترسّخ الشركة موقعها في مقدّمة مطوري العقارات الفاخرة في المنطقة.

ويأتي هذا الإنجاز ليؤكد الدور الريادي الذي تلعبه بن غاطي في إعادة صياغة مفهوم العقارات فائقة الفخامة، ويرسّخ قدرتها على استقطاب أعلى الصفقات قيمةً في السوق، مما يعكس ثقة المستثمرين العالمية في مشاريعها المبتكرة.

رقم قياسي عالمي لسعر القدم المربع في فئة العقارات الفاخرة

تمتد البنتهاوس المباعة على مساحة واسعة تبلغ 47,200 قدم مربع، ليصل سعر القدم المربعة إلى 11,650 درهمًا، وهو ما يرسّخ دبي كصاحبة الرقم القياسي العالمي لأعلى سعر للقدم المربع ضمن فئة العقارات السكنية الفاخرة في الأسواق الدولية.

ويمثل هذا الرقم مؤشّرًا قويًا يعكس النمو المتواصل للقطاع العقاري في الإمارة، وتزايد الطلب العالمي على المشاريع التي تحمل هويات معمارية فريدة.

عبدالله بن غاطي يقود الصفقة الأكبر في تاريخ دبي

وجاءت هذه الصفقة القياسية بقيادة عبدالله بن غاطي، رئيس قسم المبيعات، الذي أتم العملية التي تجاوزت الرقم القياسي السابق المسجّل في نوفمبر 2023 لبيع بنتهاوس بقيمة 500 مليون درهم في مشروع «كومو ريزيدنسز». ويعكس هذا الإنجاز مستوى الاحترافية والتفوق التجاري الذي تتمتع به بن غاطي، وقدرتها على قيادة صفقات استثنائية تضع دبي في صدارة المشهد العقاري العالمي.

أيقونة معمارية تستقطب رموز الفن والرياضة حول العالم

ويتميّز «بوغاتي ريزيدنسز» بكونه أحد أكثر المشاريع جذبًا للشخصيات الدولية البارزة، حيث اختار عدد من المشاهير امتلاك وحدات سكنية داخله، من بينهم نجم كرة القدم العالمي نيمار جونيور، وأسطورة الأوبرا أندريا بوتشيلي، ولاعب كرة القدم الدولي إيمريك لابورت. ويعكس ذلك المكانة الاستثنائية للمشروع وهويته الفريدة التي تجمع بين هندسة متفردة، وخدمات فائقة، وتجربة معيشية نادرة لا تتكرر.

وفي سياق هذا النمو المتسارع، أكد محمد بن غاطي، رئيس مجلس الإدارة، أن أداء الشركة هذا العام يعكس قوة مكانتها في السوق قائلاً: “يمثل هذا العام علامة فارقة في مسيرتنا، حيث حققنا واحدة من أقوى نتائج قطاع العقارات في دبي، بتصدر بن غاطي حجم المبيعات بأكثر من 14,000 وحدة مباعة حتى تاريخه، متجاوزين أداء نظرائنا في القطاعين العام والخاص. هذا النمو المتسارع رسّخ مكانة بن غاطي ضمن أكبر ثلاثة مطورين عقاريين في الإمارة، وحجز لنا حصة مؤثرة في سوق دبي العقاري وفق أحدث بيانات دائرة الأراضي والأملاك. إن هذه المؤشرات تعكس قوة نموذج أعمالنا وثقة المستثمرين في مشاريعنا، وتؤكد استمرارنا في قيادة التحول النوعي في مشهد التطوير العقاري في دبي”.

وبهذا الإنجاز، تُثبت بن غاطي قدرتها المتواصلة على تعزيز حضورها في سوق يتطوّر بوتيرة متسارعة، واضعة معايير جديدة للتميز والجودة في القطاع العقاري. ويأتي هذا النجاح ليعكس رؤية الشركة الاستراتيجية واستمرارها في تقديم مشاريع ترتقي بالطموحات وتدعم مكانة دبي كمركز عالمي للعقارات الفاخرة.

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Taiba Signs MOU with China Travel Online to Strengthen Presence in the Chinese Tourist Market

Published

4 weeks ago

November 20, 2025

Editor

Taiba, a leading Saudi hospitality and real estate company listed on Tadawul, has signed a Memorandum of understanding (MOU) with China Travel Online (CBISN Services) to prepare Taiba hotels in the Kingdom of Saudi Arabia to welcome Chinese tourists and provide all services tailored to their needs, including language support, cuisine, and cultural experiences that appeal to Chinese visitors, ensuring a comprehensive hospitality experience.
The agreement includes collaboration in organizing and promoting joint events in both China and Saudi Arabia, exchanging knowledge, expertise, and best practices to enhance the readiness of Saudi destinations and hospitality sectors for the Chinese market, marketing and promoting joint events through digital, media, and trade channels, and exploring future cooperation opportunities in tourism and hotel investment.
Hassan Ahdab, Chief Hospitality Operations Officer at Taiba, said, “Our collaboration with China Travel Online marks a strategic milestone in expanding Taiba’s presence within the vast Chinese tourism market. We are dedicated to meeting every need of Chinese visitors -from language and cuisine to cultural immersion- ensuring their visit to the Kingdom is truly memorable. This collaboration will drive increased Chinese tourism and further position Saudi Arabia as a leading global tourism destination”.
The MOU was signed on the sidelines of the World Travel Market in London (WTM London), held from November 4 to 6, 2025, and outlines joint cooperation in organizing two key events in the Kingdom: The China MICE Summit 2026 and the China Ready Workshop.
China Travel Online will invite leading Chinese MICE operators to participate in the summit in Saudi Arabia and will deliver the China Ready Workshop to audiences in Saudi Arabia and the wider Middle East.
Taiba will be responsible for hosting the events locally, providing logistical support, coordinating with Saudi tourism authorities, and inviting Saudi suppliers to participate in both the summit and the workshop.
It is worth noting that Taiba Company places great emphasis on building strategic partnerships aimed at developing the tourism sector in the Kingdom. It has established collaborations with global hotel brands such as Marriott and Hilton, joined the membership of the World Tourism Organization, and has received several prestigious local and regional awards.

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ARTDOM Riyadh 2025 — The Kingdom Welcomes the World of Design

Published

1 month ago

November 9, 2025

Editor

This November, Riyadh becomes the capital of global creativity.

From November 11–12, the iconic Kingdom Centre, Four Seasons Hotel, will host ARTDOM Riyadh 2025 — an international exhibition and congress dedicated to luxury interiors, art, architecture, and the design of contemporary living.

For two remarkable days, the world’s most distinguished design houses, visionary creators, and influential voices will gather in Saudi Arabia to celebrate the art of elegance, innovation, and craftsmanship. ARTDOM Riyadh is more than an exhibition — it is a curated experience that reflects the Kingdom’s growing role as a global design destination, aligned with the creative and cultural spirit of Vision 2030.

The event will feature iconic names in the global industry — legendary manufacturers and design ateliers that have shaped the aesthetics of luxury for generations.

On November 11 at 4:00 PM, the official Opening Ceremony will mark the beginning of ARTDOM Riyadh 2025. Organizers, ambassadors, influencers, and leading media will come together to celebrate the launch of this landmark event.

WHO WILL BE SHINING AT ARTDOM RIYADH EXHIBITION FLOOR

Gallery Design, Saudi Arabia’s premier multi-brand design destination, showcases iconic European brands including Minotti, Molteni&C, Flexform, Henge, Porada, and more. With over two decades of expertise, it redefines luxury living by seamlessly blending architecture, furniture, and art into elegant, harmonious spaces.

Dar Al Arkan Interiors, established in 2022, specializes in luxury branded furniture and operates nine showrooms across Riyadh and Jeddah. The company features prestigious brands such as Fendi Casa, Armani Casa, Versace Home, Bentley Home, Dolce & Gabbana Casa, Missoni Home, and Elie Saab Maison. Dedicated to offering exquisite designs and exceptional quality, Dar Al Arkan Interiors caters to the discerning tastes of its elite clientele.

VADA Design will introduce a remarkable showcase featuring Antonio Lupi + VADA Stone, Sahrai Milano, and Veraa — collections where Italian artistry meets contemporary innovation.

Arc de Sol will present an exceptional portfolio, including TOGAS, ALEAL, BARNINI, DAYTONA, MGM, BAOBAB, LOCKERBER, Yana Svetlova, and D’ORO — brands synonymous with refinement and European sophistication.

Lazado will present exclusive collections from Venini, Mat Royal, Vista Alegre, and more.

Art de Vivre will showcase its unique collection of handcrafted rugs — masterpieces that blend heritage and modern artistry.

Nicoletti Home will unveil its latest designs in beds, armchairs, and sofas, while Malerba will present contemporary furniture for every space.

Completing the exhibition floor will be THG, Gamma, Fiam Italia, Rejo Studio, MGM Furniture, FormItalia, Asnaghi, Studio Karmeh, Technogym, and Teckell, with Clive Christian offering a truly immersive perfumery experience — a multisensory journey through fragrance and design.

The Authors’ Area at ARTDOM Riyadh will shine a spotlight on individual artistry and the emotional side of design. Among the featured artists and studios: Zaza Maizon, Muntj Studio, Rejo Studio, Polina Pidtsan, Ghada Alamoudi, VADA Design.

The Public Talk program — visionaries of design

The Public Talk Program will span two days and bring together global icons, innovators, and thought leaders — each sharing insights on the evolution of design, luxury, and the cultural power of creativity.

Among the distinguished speakers:

Giulio Cappellini – Founder & Art Director, Cappellini

Massimiliano Ferrari – CEO, Corporate Brand Maison SA

Rossana Orlandi – International Gallerist and Design Curator

Draga & Aurel – Founders, Draga & Aurel Studio

Pierre Gonalons – Designer and Interior Architect

Hany Saad – Founder, Hany Saad Innovations

Marzia & Leonardo Dainelli – Founders, Dainelli Studio

Mohammed AlMashharawi – Founder, ArchiNet

Francesca Russo – Partner, Design Diffusion World (DDW)

Mara Firetti – Owner, Firetti Gallery

Uday Singh – Co-owner, Bagatelle

Yannic Leveque – Vice President of Acciona Living&Culture

Dr. Mohammad Baydoun – Senior Vice President, DAMAC Properties

The discussions will explore key topics including:

Interiors between art and design,

The changing role of design in hospitality (horeca),

Luxury interiors and product design,

The aesthetics of elegance,

The billionaire belt: why the GCC is the world’s hottest luxury market,

Luxury furniture and art as value drivers in development projects,

Design and craftsmanship: global experience and new opportunities,

Product design in luxury interiors: cases & collaborations,

Saudi 2030: the blueprint of a future city,

Architecture of connection

The role of art in public and residential design, and

Technology, sustainability, and the future of design.

In parallel with the public talks, ARTDOM Riyadh will host an exclusive B2B meeting program, connecting exhibitors with potential clients, developers, and decision-makers.

These meetings will foster strategic partnerships and collaborations — a professional platform designed to inspire new projects across the GCC and beyond.

Exclusive private events: for selected guests only

On November 10, the evening before the official opening, VADA Design will host a private preview at its VADA Stone Design and Sahrai Milano showrooms — a gathering for interior designers, clients, and influencers to connect in an intimate setting.

On November 11, a private Gala Dinner will take place for VIP guests — an elegant celebration reserved for key partners, international participants, and special invitees.

Later that evening, the ARTDOM Gala Party will unfold, bringing together participants, ambassadors, invited voices, and media in a night of music and connection.

The highlight of the evening will be a performance by DJ Viva, the Canadian-Saudi music producer and DJ.

Finally, on November 13, Gallery Design will host at its showroom an exclusive closing soirée — a private, invitation-only event for designers, clients, ARTDOM ambassadors, and influencers to conclude the week in a relaxed, creative atmosphere.

Partners and Media

ARTDOM Riyadh 2025 proudly collaborates with leading media and industry partners, including:

Harper’s Bazaar Arabia, SALON Interiors UAE, Identity, ArchiNet, Muzwaa, Interiors in SA, Design Middle East, AEWORLD, Riyadh Edit, and Destination Riyadh.

The event’s official chauffeur partner, Blacklane, will provide premium, sustainable transportation for guests throughout the exhibition period. To celebrate this partnership, all ARTDOM Riyadh attendees will enjoy an exclusive 25% discount on Blacklane rides.

It is an invitation to explore beauty, to connect with global excellence, and to witness the creative spirit transforming Saudi Arabia’s landscape.