Element List Explanation Introduction Seera Group Holding announces that the Board of Directors accepted the resignation of Chief Executive Officer Mr.Majed Bin Ayedh Alnefaie on 28/01/2023 corresponding to 06/07/1444H due to his own circumstances, and his resignation shall be effective as of 01/02/2023 corresponding to 10/07/1444 H. The Board has expressed its thanks and gratitude […]

Element List Explanation Introduction With reference to the announcement made by Seera Group Holding (“Seera”) on 03/05/1444H (corresponding to 27/11/2022G) regarding the conclusion of its feasibility study and its conclusion that the proposed initial public offering of its subsidiary Lumi Rental Company (“Lumi”) will constitute a demerger (the “Demerger”) requiring the approval of the shareholders […]

Element List Explanation Introduction Seera Group Holding Board of Directors is pleased to announce the results of the extraordinary general assembly meeting (Second meeting) which was held at 7:30 PM on Tuesday, 26/05/1444 AH corresponding to 20/12/2022 AD through modern technology methods, after one hour from the first meeting time due to non completion of […]

Element List Explanation Introduction The Board of Directors of Seera Group Holding Company is pleased to invite the shareholders to participate and vote in the Extraordinary General Assembly meeting, which will be held at 6:30 PM , Tuesday 26/05/1444 AH, 20/12/2022 AD, through modern technology tools. City and Location of the General Assembly’s Meeting Riyadh- […]

Element List Explanation Introduction With reference to the announcement made by Seera Group Holding Company (“Seera”) on 20/08/1443H (corresponding to 23/03/2022G) on the possibility of an initial public offering for its subsidiary Lumi Rental Company, Seera announces the conclusion of its feasibility study and its conclusion that the proposed initial public offering will constitute a […]

Q3 2022 vs Q3 2021 Seera Group’s gross booking value (GBV) increased by 93% for the third quarter of 2022 to SAR 2.7 billion compared to SAR 1.4 billion in Q3 2021, reaching a GBV of SAR 6.8 billion for 9 months of 2022, a 100% increase relative to SAR 3.4 billion for the same […]

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales/Revenue 565 369 53.12 569 -0.7 Gross Profit (Loss) 250 186 34.41 218 14.68 Operational Profit (Loss) 30 -61 – -44 – Net Profit (Loss) after Zakat and Tax 54 -72 – -68 – Total Comprehensive Income 79 -67 – -142 […]

Element List Explanation Introduction Seera Group Holding would like to announce the latest developments related to the establishment of a fund to develop mid-range hotels Previous Announcement Announce the opening of two hotels within the previously announced group of hotels, which are as follows: 1- Clarion Jeddah Airport Hotel – located on Prince Majed Road […]

Element List Explanation Introduction Seera Group Holding (“Seera”) announces the signing of a non-binding term sheet Monday evening of 12 September 2022 with the Public Investment Fund (“PIF”) in relation to the proposed investment by PIF in Almosafer Travel and Tourism Company (a 100% subsidiary of Seera) (“Almosafer”) which owns, or is expected to own […]

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales/Revenue 569 286 98.95 493 15.41 Gross Profit (Loss) 218 174 25.29 158 37.97 Operational Profit (Loss) -44 -73 -39.73 -55 -20 Net Profit (Loss) after Zakat and Tax -68 -99 -31.31 -63 7.94 Total Comprehensive Income -142 -100 42 -103 […]