‎Taiba receives white land fees invoices worth SAR 2.96M

‎Taiba receives white land fees invoices worth SAR 2.96M ‎Taiba receives white land fees invoices worth SAR 2.96M

​‎

Taiba Investments stated that the accounting impact of white land fees will be treated according to the approved accounting standards

Taiba Investments Co. received a number of white land fee invoices totaling SAR 2.59 million.

Advertisement

In a statement to Tadawul the company said these invoices will be dealt with in accordance with the regulations and procedural guidelines. The company is currently preparing studies for the optimal use of these lands to serve the interests of the company and its shareholders.

Meanwhile, Taiba stated that the accounting impact of these fees will be treated according to the approved accounting standards.

According to data available on Argaam, the company announced, in September 2025, that 60,000 square meters (sqm) of its land in Riyadh fall under the first tier of the White Land Tax Law at a 10% rate.

The Ministry of Municipalities and Housing (MOMRAH), represented by the White Land and Vacant Property Fees Program, announced, on Jan. 1, the issuance of more than 60,000 white land fee invoices in Riyadh.

 

Taiba Investments stated that the accounting impact of white land fees will be treated according to the approved accounting standards

Taiba Investments Co. received a number of white land fee invoices totaling SAR 2.59 million.

In a statement to Tadawul the company said these invoices will be dealt with in accordance with the regulations and procedural guidelines. The company is currently preparing studies for the optimal use of these lands to serve the interests of the company and its shareholders.

Meanwhile, Taiba stated that the accounting impact of these fees will be treated according to the approved accounting standards.

According to data available on Argaam, the company announced, in September 2025, that 60,000 square meters (sqm) of its land in Riyadh fall under the first tier of the White Land Tax Law at a 10% rate.

The Ministry of Municipalities and Housing (MOMRAH), represented by the White Land and Vacant Property Fees Program, announced, on Jan. 1, the issuance of more than 60,000 white land fee invoices in Riyadh.

Add a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Keep Up to Date with our Weekly Newsletter

By pressing the Subscribe button, you confirm that you have read and are agreeing to our Privacy Policy and Terms of Use
Advertisement