you are here: Home | Media Center | News & Events
News & Events
 
Al Nnahar newspaper interviews Vice chairman & MD of Tijara Tareq Al Othman.

Al Othman: We were frustrated by the experiences and pressures we faced, which made us change our believes and strategies

27/04/2009 - Expecting a Stagnation in the Real Estate Market during 2009

Feb, 2008 Mermaid project is sold for KWD 18 million.

Jan, 2008 Tijara established "Al Tilal Real Estate Co." in the Saudi Arabia Kingdom. The company was found to practice land selling & buying in the Saudi Kingdom.

In collaboration & partnership with another party . Tijara bought commercial property on the king Fahed street in Riyadh city -Saudi Arabia. The project's total area exceeds 5000sqm including the parking building.

Together with another company, Tijara bought over half a million sqm land in Saudi Arabia where it was sold later to release profits equal to 30% of the land's paid value.

Tijara announces buying number of residential blocks in Riyadh city in the Saudi Arabia. The total area of the said blocks is 51 thousand sqm.

Tijara inters into a real estate portfolio for lands trading in the Saudi Kingdom. Tijara moreover is the manager of the said portfolio along with another party.

Tijara announces buying a land plot in city Divonne-Le-Bains- France.

Facilities from Bank of London & Middle East BLME to finance Divonne project.

Owned by Tijara & other parties, a new specialized company has been found to develop & manage the labor camp in Dubai city.
 

Tijara realizes 5.7 million KD and its General Assembly approves the distribution of 10% in cash

 
Al-Othman:
Distinguished projects in Salmiya and Sharq and other projects in France, Riyadh and Dubai Shall be announced soon.
 
Al-Othman:
The financial position is solid and stable and the company is steadily advancing towards the increase of its assets volume and realization of more profits.
 
Tijara wins Sheikh Salem Al Ali  Al Sabah Informatics award for best commercial website amongst private sector
 
The Mermaid Complex located at Al Mahbola area is sold & Tijara realizes high returns from the sale.