Profile: TECO | Tourism Enterprises Co.

SAUDI STOCK EXCHANGE (TADAWUL)Trading Hours: Sun - Thu 10:00 am-3:00 pm

Tourism Enterprises Co. TECO
TECO 0.00%
ConsumerSVC 0.00%
TASI 0.00%
Last Value
% Change
Price in SAR Last Update : 20 Sep 2017 11:15 am (local time)


Corporate Details
Symbol TECO
Exchange Saudi Arabia
Sector Consumer
Auditors Al-Obailan Certified Public Accountants
Company Description

Tourism Enterprise Company (Shams) is a Saudi-based joint stock company which primarily owns and manages the Palm Beach Resort which began in 1995. The resort property situated in Dammam City, Saudi Arabia, stretches through 1300 meters of private beach and constitutes 165 chalets and over 100 suites and cabanas.

Company Activities

The Company is engaged in the establishment and management of resorts. TECO offers meeting and event facilities services, such as conference rooms for up to 120 guests. The Company's sports and recreational services include an array of facilities for football, tennis, basketball, swimming pools among others, in addition to a ladies sports club and 24 hour security service.

Equity Profile
Date Established Jul 31, 1991
Listing Date N/A
Paid-up Capital (SAR) 101,500,000
Outstanding Shares 10,150,000
Shares Per Value 10
Contact Information

Palm Beach Building, Half Moon Bay Street, Ghunan Area, P.O.Box: 8383, Dammam 31482, Kingdom of Saudi Arabia

+966 3 896 6633

+966 3 896 6266



Company History

Tourism Enterprise Company (Shams) was founded in 1991 with a paid-up capital of SR 101,500,00.

Board Members & Senior Management
Mr. Abdul Rauf Al Bushaeir Chairman
Mr. Abdulhameed Abdullah Mohammed Manager
Mr. Abdulellah Naser AL Zarah Board of Directors
Mr. Yousef Mohd Alkhan Board of Directors
Mr. Abdullah Omar Al-Suwailem Board of Directors
Abdul Hameed Al- Turaief Board of Directors
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