Taiba Investment Receives SAR 6.67M White Land Fee Invoice

TAIBA

TAIBA

4090.SA

0.00

On July 12, 2026, Taiba Investment Company announced the latest developments regarding White Land Fees in Riyadh City, following a previous disclosure published on the Saudi Exchange on January 8, 2026. The Company received an invoice on July 9, 2026, for White Land Fees amounting to SAR 6,670,551.05, which will be addressed in accordance with applicable laws, regulations, and prescribed procedures. The Company is currently conducting studies to determine the optimal use of the land in the best interests of the Company and its shareholders, and the financial impact of these fees will be recognized in accordance with applicable accounting standards.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96709&anCat=1&cs=4090&locale=ar

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