Taiba Holding Co.’s board of directors on Wednesday approved a new restructuring strategy to help it face local and global market challenges.

 

Under the 2021 plan, Taiba will convert into a real estate development company from a multi-investment firm, the company said in a statement to the Saudi bourse.

 

It will also implement several strategic and operating initiatives to grow its investments, expand geographical presence, and offer a wide range of real estate products to fulfill pent-up demand.

 

The company will enhance its performance and productivity through a new organizational structure that will include core business activities in investment and real estate development sectors.

 

The new structure will be gradually adopted, Taiba added. 

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request