Taiba Investments Company
Rank: 31
Country: Saudi Arabia
CEO: Saleh Alhabdan
Date of establishment: 1988
Taiba Investments Company was established to be a leading player in the development of Madinah. Taiba Residential and Commercial Center (ARAC Suites) is a 20-floor, 5,800 square meter complex that includes 360 suites and 338 stores. Taiba has investments in subsidiaries and associates, including the Prince Mohammed bin Abdulaziz Airport Hotel, Knowledge Economic City, and Kinan International For Real Estate Development. In October 2021, the company was awarded a contract for the Riyadh Hotel with a project value of $100.6 million. Taiba investments recorded $1.2 billion in total assets as of September 2021.