Sunday 14 February 2016
 
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Al Tayyar

Al Tayyar Travel Group Q4 net profit dips 6.9pc

Saudi Arabia's Al Tayyar Travel Group posted a 6.9 per cent fall in fourth quarter net profit on Wednesday. The company made a net profit of SR215 million ($57.3 million) in the three months to December 31, down from SR231 million (

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Al Tayyar to up Zakhr buy to 30pc via $214m swap

Saudi Arabia's Al Tayyar Travel Group will buy 30 per cent of Zakhr Investment and Real Estate Development after amending an initial agreement to buy into the firm signed in August, the travel company said on Tuesday. Under th

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Al Tayyar to up Zakhr buy to 30pc via $214m swap

Saudi Arabia's Al Tayyar Travel Group will buy 30 per cent of Zakhr Investment and Real Estate Development after amending an initial agreement to buy into the firm signed in August, the travel company said on Tuesday. Under th

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VisitBritain, Al Tayyar sign MoU to promote tourism

Saudi Arabia's Al Tayyar Travel Group has signed a memorandum of understanding (MoU) with national tourism authority VisitBritain to promote tourism to Britain from the kingdom. The MoU was signed between Ossama Maayeh, deputy CEO o

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Saudi Al Tayyar Travel Group founder to resign

The founder of Saudi Arabia's Al Tayyar Travel Group will resign as vice-chairman and managing director from September 1, the company said on Sunday. Nasser bin Aqeel al-Tayyar opened his first travel agency in 1980, and the f

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Al Tayyar to buy Zakhr stake in $178m share swap

Saudi Arabia's Al Tayyar Travel Group said on Sunday it had agreed on a share swap worth SR669.9 million ($178.6 million) to acquire a 25 per cent stake in Zakhr Investment and Real Estate Development. The stake, which will co

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Al Tayyar to buy Zakhr stake in $178m share swap

Saudi Arabia's Al Tayyar Travel Group said on Sunday it had agreed on a share swap worth SR669.9 million ($178.6 million) to acquire a 25 per cent stake in Zakhr Investment and Real Estate Development. The stake, which will co

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Al Tayyar Travel posts 8.8pc increase in Q2 net profit

Saudi Arabia's Al Tayyar Travel Group posted an 8.8 per cent rise in second-quarter net profit on Wednesday as sales grew. The company made a net profit of SR396 million ($105.6 million) in the three months to June 30, up from

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Al Tayyar Travel to hike capital by 33pc

Saudi Arabia's Al Tayyar Travel Group said on Thursday its shareholders agreed to raise its capital by 33.3 per cent via bonus shares to help fund its expansion plans. The company will increase its capital to SR2 billion ($533

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Al Tayyar Travel to hike capital by 33pc

Saudi Arabia's Al Tayyar Travel Group said on Thursday its shareholders agreed to raise its capital by 33.3 per cent via bonus shares to help fund its expansion plans. The company will increase its capital to SR2 billion ($533

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