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Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Star-studded projects point to Saudi transformation

  • The company is a key supporter of Saudi Arabia’s transformative Vision 2030, in particular in regard to economic diversification.
  • Taiba, which has interests in hotels, tourism facilities and real estate, has a market capitalization of $1.5 billion, Refinitiv data shows.

Some of the iconic real estate holdings developed by Taiba Investments (Taiba) across Saudi Arabia suggest that the Kingdom is headed towards an unprecedented economic transformation under the leadership of Crown Prince Mohammed bin Salman.

Madinah- headquartered Taiba, a public joint-stock company listed on the Saudi Stock Exchange “Tadawul”, manages a portfolio of diversified investments spanning a number of sectors including real estate, tourism, maintenance, operation, industry, mining, agriculture, trade, investment services, mortgages, and technology sectors.

Established in 1988, the company’s commercial and hotel projects are located in prime positions in central Madinah.

The company is a key supporter of Saudi Arabia’s transformative Vision 2030, in particular in regard to economic diversification, where it is supporting the growth and development of public service sectors such as tourism.

Taiba, which has interests in hotels, tourism facilities and real estate, has a market capitalization of $1.5 billion, Refinitiv data shows.

TRENDS takes a look at some of the major projects currently being executed by Taiba.