Tamweel Aloula Increases Capital to SAR 500 Million to Sustain Growth and Expansion
Dhahran, Saudi Arabia – Tamweel Aloula, a Saudi Closed Joint Stock Company, announced that it will be doubling its capital to half a billion Saudi Riyals, to support the company’s expansion plans in the Saudi market. The company’s Board of Directors recently approved the Executive Committee’s proposal of capital increase, covered and funded by Al […]
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Tamweel Aloula Achieves Highest Annual Profit in Company History with 1.86 billion SAR in 2021
Dhahran, Saudi Arabia – Saudi’s Tamweel Aloula, the financial solution provider licensed by the Saudi Arabian Central Bank (SAMA), announced that it has achieved the highest annual profit in its history, with a SAR 50 million (before zakat) for the financial year 2021. The company’s financial performance for the year registered a total asset growth […]
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