Logo ofThe Saudi Investment Bank (SAIB)
The Saudi Investment Bank (SAIB)finalized the sale of a 44.4%-owned land plot, located on Khurais Road in Riyadh. 
The bank’s share of net proceeds, after deducting auction-related costs and expenses, stood at SAR 801.1 million, according to a Tadawul filing.
SAIB explained that the land spans a total area of 2.7 million square meters. The sale proceeds were received today, Nov. 24.
It expects the transaction to have a positive impact on the Q4 2025 financial results.
Logo ofThe Saudi Investment Bank (SAIB)
The Saudi Investment Bank (SAIB)finalized the sale of a 44.4%-owned land plot, located on Khurais Road in Riyadh.
The bank’s share of net proceeds, after deducting auction-related costs and expenses, stood at SAR 801.1 million, according to a Tadawul filing.
SAIB explained that the land spans a total area of 2.7 million square meters. The sale proceeds were received today, Nov. 24.
It expects the transaction to have a positive impact on the Q4 2025 financial results.
