taif investment & tourism company

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Taif Investment and Tourism Company

taif investment & tourism company

Taif Co. is a closed joint stock company established in 2000. The Company develops and operates touristic facilities in Taif. Taif Sama is considered one of the largest tourism projects in the region and is characterized by its strategic location between Makkah and Taif.

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Taif Investment and Tourism Co Profile

Basic information.

  • Activity : Taif Investment and Tourism Co known as TITC, is a private Co. operats within the Holding Companies Sector .TITC Established in 2000 & Based in Taif ,Saudi Arabia.
  • Industry Group : Financial Services
  • Sub-Industry :
  • Contact Person :
  • Established On : 01-Jan-2000
  • No of Employees : 114 Employees as of 2017
  • Paid Capital : 110.000 M SAR

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IHG to expand presence in Saudi Arabia with dual signing

IHG's move to open two hotels in Taif aligns with the Saudi government's investment in infrastructure.

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taif investment & tourism company

IHG Hotels & Resorts has signed a deal with multi-activity real estate and investment company the Al Jumaiah Group to introduce two brands, Holiday Inn & Suites and Staybridge Suites, in Taif, Saudi Arabia.

The dual signing will add 280 rooms. Both hotels are set to open in late 2025.

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Staybridge Suites Taif and Holiday Inn & Suites Taif will offer views and amenities, and will be part of IHG’s loyalty programme, IHG One Rewards. 

Elevating Taif’s hospitality scene

Taif, a key destination in Saudi Arabia’s Vision 2030, is experiencing growth in tourism and hospitality. Vision 2030 lays out targets for diversification and improving competitiveness.

IHG’s move aligns with the Saudi government’s investment in infrastructure to meet accommodation demand.

Strengthening partnerships and commitment  

Haitham Mattar, managing director for India, the Middle East, and Africa at IHG Hotels & Resorts, expressed satisfaction in strengthening their partnership with the Al Jumaiah Group. 

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“Saudi Arabia is a priority market for IHG. The continuous growth of our global portfolio within the Kingdom reflects our unwavering commitment to the vision of the leadership of the country and emphasises our dedication to support the Kingdom’s ambitious transformation,” said Mattar in a statement.

With 40 hotels currently operating and a pipeline of 32 more set to open in the next two to five years, IHG continues to play a role in Saudi Arabia’s evolving hospitality landscape.

Al Jumaiah Group’s vision for hospitality

Abdulaziz Al Jumaiah, CEO of Al Jumaiah Group, highlighted the pleasure of deepening their collaboration with IHG Hotels & Resorts. The new signings in Taif complement their existing projects, affirming their dedication to supporting the growth of Saudi Arabia’s tourism and hospitality sector.

“We value the continuation of increasing our investment portfolio and strengthening this partnership,” said Al Jumaiah in a statement.

“This signing aligns with our vision of offering exceptional hospitality experiences in the city of Taif, and with the hotels’ prime location, combined with outstanding facilities, IHG’s world-class loyalty programme and systems, I am confident these hotels will be a huge success,” he added.

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Taif Investment Forum Discusses Tourism Challenges

Taif Investment Forum Discusses Most Important Challenges to Tourism

The second closing session at the Taif Investment Forum , entitled: “Entertainment, Industry and Investment,” addressed the most important challenges and incentives in developing the tourism sector and the reality of investment in the governorate.

The forum further discussed the Kingdom’s generous support for tourism, in order to achieve the well-being of society and enhance the economy, as it is an important social and economic requirement. The session’s topics revolved around the tourism sector as one of the most important transformations that the Taif community is experiencing.

Importance of Tourism

In the Taif tourism industry, tourism has become a very important tributary to the development of the non-oil domestic product.

It is of great importance as it contributes to the creation of jobs, as the Taif is one of the most important tourist destinations in the Kingdom.

Prince Saud bin Mohammed, Director General of the Tourism Growth Center at the Tourism Development Fund, confirmed the wise leadership supports tourism.

Mohammed stressed that Taif Governorate is promised many diverse and qualitative tourism projects, and a package of various specialized programs that aim to transform ideas into projects and investment.

The Prince pointed out that the governorate  has an important strategic location with a distinctive terrain character. It is home to multiple tourist, historical, and cultural components, as it abounds during the winter with attractive aesthetic qualities.

He indicated that tourism in the governorate is not limited or concentrated in a specific season.

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LiveWerkz

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LiveWerkz 与 Taif Investment & Tourism Company (沙特阿拉伯)合作 伙伴协议

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  • Published October 7, 2020
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LiveWerkz and Taif Investment & Tourism Company Sign Partnership Agreement to Develop One of the Largest Water Parks in Saudi Arabia

taif investment & tourism company

Photo Credit: Taifsama, Alkur Amusement Park

On August 31 st , 2020, LiveWerkz and Taif Investment & Tourism Company signed a monumental partnership agreement to develop one of the largest amusement parks in the Kingdom of Saudi Arabia. AlKur Amusement Park is a prominent tourist attraction with an assorted range of entertainment facilities for all ages. The park is home to the one of world’s longest cable car ride system without pillars, stretching over 4.2km and has an estimated attendance of 400,000 – 500,000 visitors annually.

taif investment & tourism company

Photo Credit: Taifsama, The Iconic Taif Cable Car

In conjunction with the Kingdom’s revitalization plan for its local tourism industry: Vision 2030, LiveWerkz and Taif Investment will now manage the existing facilities in Alkur amusement park, while simultaneously upgrading older attractions to expand the entertainment offerings of the 150,000sqm space. In addition to the signed partnership agreement, further discussions have taken place between both companies with a focus on creating fresh new content to be injected into the park. Visitors can expect jaw dropping transformations thanks to the major overhauls of this ever-popular attraction. LiveWerkz promises brand new thrill rides, state of the art edutainment facilities and themed accommodation for all international and domestic visitors.

taif investment & tourism company

Photo Credit: Taifsama, Waterpark for all ladies, men and families

As the overall managing partner, Livewerkz will oversee the following areas on behalf on Taif Investment; Hajj and Umrah Duties, Festivals, Conferences & Exhibitions, Development of Services & Facilities, Theme Park Operation Management, Tourism Development Services, Hospitality Services, Intellectual Property, Transportation Services, Maintenance & Operations.

About LiveWerkz

LiveWerkz is a global business, based in Singapore with an extensive range of entertainment and strategic development products and services. Since its conception, LiveWerkz has built up an expanding portfolio and is best known for their innovative programming, individuality and ability to create safe and inclusive environments. LiveWerkz is now a world-class leader in creating, developing and promoting a curated selection of fresh, fun, accessible, and meaningful experiences for a diverse range of communities.

About Taif Investment & Tourism Company

Taif Investment and Tourism Company (TaifSama), is a Saudi closed joint stock company established in 1999. TaifSama is owner of the largest tourism projects in Taif Governorate, and since its establishment has sought to be the main developer of multiple investment projects. TaifSama aims to lead the development market in Taif Governorate through investment with strategic partners in projects that achieve the best returns for its shareholders. TaifSama also maintains a strong commitment to its responsibility towards society, and its interest in providing the best work environments for its employees.

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IMAGES

  1. Partnership Agreement between LiveWerkz and Taif Investment & Tourism

    taif investment & tourism company

  2. Saudi fund inks deal to build $80m tourism project in Taif

    taif investment & tourism company

  3. Partnership Agreement between LiveWerkz and Taif Investment & Tourism

    taif investment & tourism company

  4. Saudi unveils $2.1bn plan for Taif tourism development

    taif investment & tourism company

  5. Partnership Agreement between LiveWerkz and Taif Investment & Tourism

    taif investment & tourism company

  6. Taif Tour Operators and Tour Packages and Activities in Abha Saudi

    taif investment & tourism company

VIDEO

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  2. musandam Khasab Oman tourism Al Taif Tours 🐬

  3. Al Shafa Road Taif City

  4. Charming Taif dinner in Indian Hotel || #vlog #indianfood #tourism

  5. Taif Historical Ziyaraat, Raheek Twin Travel & Tourism, 32 Days Umrah Group

  6. Taif strawberry garden tour

COMMENTS

  1. TAIF INVESTMENT AND TOURISM CO

    Find company research, competitor information, contact details & financial data for TAIF INVESTMENT AND TOURISM CO of At Taif. Get the latest business insights from Dun & Bradstreet.

  2. Taif Investment and Tourism Company

    3610, Saudi Arabia, Choubra Street, Riyadh Bank Building Taif, 21944, SA

  3. Taif Investment and Tourism Company

    Taif Investment and Tourism Company. Private. Taif Co. is a closed joint stock company established in 2000. The Company develops and operates touristic facilities in Taif. Taif Sama is considered one of the largest tourism projects in the region and is characterized by its strategic location between Makkah and Taif. Visit website.

  4. Taif Investment and Tourism

    Taif Investment and Tourism Co is a company that operates in the Financial Services industry. It employs 51-100 people and has $10M-$25M of revenue . The company is headquartered in Riyadh, Ar Riyad, Saudi Arabia.

  5. Taif Investment & Tourism Company

    Find company information, ownership, management, and contact details for Taif Investment & Tourism Company. Diligencia, providing Clarity since 2008. Taif Investment & Tourism Company - ClarifiedBy

  6. Taif Investment and Tourism Co Profile

    Taif Investment and Tourism Co: Riyadh Bank Building ,Choubra Street ,2nd Floor ,P.O Box 3610 ,Taif 21944, Saudi Arabia +966 92 0022757 +966 12 7347755: www.taifsama.com.sa: [email protected]: Reports. Date Title File; 28-Apr-2015 Taif Sama Annual Financials Report 2014 Check our coverage for Saudi ...

  7. Taif Investment and Tourism Company Information

    The NAICS codes for Taif Investment and Tourism Company are [5239, 52, 523]. What is the SIC code for Taif Investment and Tourism Company? The SIC codes for Taif Investment and Tourism Company are [62, 621] .

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  9. Taif Investment & Tourism Company Company Profile & Overview

    Get insights about Taif Investment & Tourism Company Company Profile, reviews, salaries, interviews questions, offices, locations, headquarters, employee benefits and more.

  10. Partnership Agreement between LiveWerkz and Taif Investment & Tourism

    On August 31 st, 2020, LiveWerkz and Taif Investment & Tourism Company signed a monumental partnership agreement to develop one of the largest amusement parks in the Kingdom of Saudi Arabia.AlKur Amusement Park is a prominent tourist attraction with an assorted range of entertainment facilities for all ages. The park is home to the one of world's longest cable car ride system without pillars ...

  11. Taif in driving seat to promote Saudi tourism: Development fund

    JEDDAH: More than 200 business leaders on Monday attended a Saudi Tourism Development Fund event aimed at promoting investment opportunities. The fund's first roadshow, Discover Beyond Taif, was ...

  12. Saudi fund inks deal to build $80m tourism project in Taif

    Saudi Arabia's Tourism Development Fund (TDF) has announced a partnership with Al-Ameen Real Estate, part of Al Nahla Group, to launch a SR300 million ($80 million) project in Taif. Named Taif Front, the 100,000 square metre destination will be located in the heart of Taif in Al Khalidiyyah district and will feature upscale accommodation with ...

  13. Taif business forum attracts $2.9bn in investment agreements

    RIYADH: Investment agreements exceeding SR11 billion ($2.9 billion) were announced on the first day of the Taif Investment Forum, according to the Saudi Press Agency. Under the theme "Invest in ...

  14. IHG Hotels and Resorts grow presence in Saudi with dual signing

    IHG Hotels & Resorts has signed a deal with multi-activity real estate and investment company the Al Jumaiah Group to introduce two brands, Holiday Inn & Suites and Staybridge Suites, in Taif, Saudi Arabia. The dual signing will add 280 rooms. Both hotels are set to open in late 2025. Staybridge Suites Taif and Holiday Inn & Suites Taif will ...

  15. Taif Investment & Tourism Company

    By Company Type. Real Estate Developers & Owners Digitize your end-to-end Tendering process and accelerate decision-making; Consultants Be the first to know of new Middle East projects and beat your competition to win them; Contractors Introduce your company to projects looking for Contractors ; Suppliers Increase awareness of your products regionally, get specified and win business

  16. Contracts worth over $2.93bln signed at Saudi's Taif Investment ...

    Staff Writer, Saudi Press Agency. November 8, 2023. Taif -- Several investment contracts for projects in Taif Governorate, worth over SAR11 billion, have been signed at Taif Investment Forum by Saudi companies and Chinese and Korean counterparts. The contracts stipulate, among others, the establishment of the first phase of the space science ...

  17. Taif Investment Forum Discusses Tourism Challenges

    The second closing session at the Taif Investment Forum, entitled: "Entertainment, Industry and Investment," addressed the most important challenges and incentives in developing the tourism sector and the reality of investment in the governorate.. The forum further discussed the Kingdom's generous support for tourism, in order to achieve the well-being of society and enhance the economy ...

  18. Taif Investment and Tourism: Employee Directory

    Taif Investment and Tourism corporate office is located in Bank Building 3610 Saudi Arabia Choubra St, Riyadh, Ar Riyad, 21944, Saudi Arabia and has 9 employees. taif investment and tourism co. taifsama. Taif Investment and Tourism Global Presence. Location: People at location: Asia: 10:

  19. Taif Investment Forum ends on a successful note; nets $3bn deals

    Leading Saudi, UK, Chinese and Korean companies have signed investment agreements worth over SAR11 billion ($3 billion) at a key forum held in Taif that will see the establishment of a space ...

  20. LiveWerkz 与 Taif Investment & Tourism Company (沙特阿拉伯)合作 伙伴协议

    On August 31 st, 2020, LiveWerkz and Taif Investment & Tourism Company signed a monumental partnership agreement to develop one of the largest amusement parks in the Kingdom of Saudi Arabia.AlKur Amusement Park is a prominent tourist attraction with an assorted range of entertainment facilities for all ages. The park is home to the one of world's longest cable car ride system without pillars ...

  21. Taif Investment & Tourism Company Review by 1 Employee

    1 Taif Investment & Tourism Company Review about salary & benefits work culture skill development career growth job security work-life balance and more. Read more about working at Taif Investment & Tourism Company.

  22. Taif Investment & Tourism Company Team

    Taif Investment & Tourism Company has not yet added staff information. ProTenders is a leading Construction Intelligence & eTendering platform enabling thousands of Developers, Consultants, Contractors and Suppliers to showcase their work, find new opportunities and streamline their processes.

  23. Fortune Southeast Asia 500

    Our new ranking reflects the rise and fall of energy markets, multinational supply chains, and tourism in some of the world's most dynamic economies. Explore the 500 Methodology

  24. Altamas Alam

    IT Support/Network at Taif Investment and Tourism Company · Experienced Network Technician with a demonstrated history of working in the Computer Networking industry. Skilled in Windows Server, Computer Networking, Switches, Router Configuration, and Remote Desktop. Strong information technology professional with a Bachelor of Engineering - BE focused in Computer Science from Annamalai ...

  25. Zurich to Sell Downtown Madrid Offices for About €100 Million

    Zurich Insurance Group agreed to sell its iconic office building in downtown Madrid to a Spanish investment fund for about €100 million ($107 million), underscoring the robust demand for real ...