10:31 AM EDT, 10/15/2026 (MT Newswires) -- Taiba Investments (SASE:4090) started the optional liquidation process for Nuzul Shada Hotel as part of the periodic review of its investment portfolio, according to a Thursday release. The hospitality and real estate operator does not expect the liquidation to have a material financial impact on its consolidated financial statements, and any impact will be reflected once the process is complete. Taiba Investments' subsidiary Dur Hospitality holds a 60% stake in Nuzul Shada Hotel, with a share capital of 40 million Saudi riyals.

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