Seera Group Holding (1810)

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News

19 June 2025 03:00 AM Seera’s board proposes capital cut to SAR 2.7bn

Riyadh - Mubasher: The board of directors of Seera Group Holding has recommended an 8.65% capital cut to SAR 2.74 billion from SAR 3 billion, according to a bourse disclosure.The capital reduction will be executed through the cancellation of 25.95 mi

Companies Investments

12 May 2025 03:00 AM Seera’s profits fall 13% in Q1-25; revenues hit SAR 1.1bn

Riyadh – Mubasher: Seera Group Holding logged net profits worth SAR 53 million in the first quarter (Q1) of 2025, marking a 13.11% year-on-year (YoY) drop from SAR 61 million.Revenues grew by 2.41% YoY to SAR 1.10 billion in Q1-25 from SAR 1.07 billi

Sector Reports

6 March 2025 06:09 PM Seera turns to net losses of SAR 138 million in 2024; revenue exceeds SAR 4bn

Riyadh – Mubasher: Seera Group Holding shifted to net losses of SAR 138 million in 2024, against a net profit of SAR 234 million in 2023. Meanwhile, strong dynamics across all business lines drove the company's revenue to surge by 24.76% …

Financial Results

6 November 2024 05:28 PM Seera reports SAR 174 net profit in 9M-24 amid 36% higher revenue

Riyadh – Mubasher: Seera Group Holding logged net profits amounting to SAR 174 million in the first nine months (9M) of 2024, which were 16.77% higher than SAR 149 million in 9M-23. The earnings per share (EPS) went up to SAR 0.44 in 9M-24 from …

Financial Results

11 August 2024 01:41 PM Seera logs SAR 131m net profits in H1-24

Riyadh – Mubasher: The net profits of Seera Group Holding amounted to SAR 131 million in the first half (H1) of 2024, up 5.64% year-on-year (YoY) from SAR 124 million. Earnings per share (EPS) fell to SAR 0.33 as of 30 June 2024 from SAR 0.41 in …

Financial Results

15 May 2024 09:45 AM Seera posts 7% YoY higher net profit in Q1-24

Riyadh – Mubasher: Seera Group Holding’s net profit grew 7.01% year-on-year (YoY) to SAR 61 million in the first quarter (Q1) of 2024 from SAR 57 million. Revenues surged 35.76% YoY to SAR 1.07 billion in Q1-24 from SAR 794 million, according to …

Financial Results

8 May 2024 02:46 PM Air Cairo chooses Seera’s Almosafer as exclusive agent in Saudi Arabia

Riyadh – Mubasher: Egypt’s hybrid national airline Air Cairo has partnered with the Saudi travel company Almosafer, a subsidiary of Seera Group Holding, to become the exclusive general sales agent (GSA) of Air Cairo in Saudi Arabia, according to a …

Global Economy

1 April 2024 06:59 PM Seera unveils key board appointments

Riyadh – Mubasher: Seera Group Holding has announced the appointment of the Chairman, the Vice Chairman, the Managing Director, and the Acting CEO upon a board meeting held on 1 April 2024. The company elected Mohammed bin Saleh AlKhalil as the …

Management Decisions

26 March 2024 00:11 PM Seera ends 2023 profitable; revenues jump 56% YoY

Riyadh – Mubasher: Seera Group Holding turned to profitability in 2023, registering a net profit of SAR 265 million, against a net loss of SAR 46 million a year earlier. Revenues surged 55.68% year-on-year (YoY) to SAR 3.29 billion last year from …

Financial Results

5 March 2024 10:41 AM Seera Group sells Uber’s stake for SAR 380m

Riyadh – Mubasher: Seera Group Holding has completed the sale of its stake of around 1.24 million shares in Uber for SAR 380 million. The transaction has yielded SAR 164.60 million in additional gains for the group in the period after September …

Companies Investments

23 January 2024 05:24 PM Seera’s Almosafer becomes 1st travel partner of Riyadh Air in Saudi Arabia

Riyadh – Mubasher: The new national full service carrier of Saudi Arabia, Riyadh Air, has teamed up with Almosafer, a subsidiary of the listed Seera Group Holding, to fast-track the growth of an internationally competitive tourism sector in the …

Companies Investments

27 November 2023 06:25 PM Saudi Seera refutes investing in Egypt-based hotel project

Riyadh – Mubasher: Saudi Arabia’s Seera Group Holding denied media reports published on 14 November 2023 and claimed that it was seeking to invest EGP 5.50 billion in a hotel project in Egypt, according to a bourse filing. The company said the …

Companies Investments

9 November 2023 09:03 AM Seera turns to SAR 149m net profits in 9M-23

Riyadh – Mubasher: Seera Group Holding shifted to net profits after Zakat and tax valued at SAR 149 million in the first nine months (9M) of 2023, against losses worth SAR 77 million in 9M-22. Meanwhile, the revenues hiked by 51.90% year-on-year …

Financial Results

21 September 2023 10:57 AM Seera's Lumi to commence Tadawul trading next week

Riyadh – Mubasher: Lumi Rental Company, a subsidiary of Seera Group Holding, will start the listing and trading of its shares on the Main Market of the Saudi Exchange (Tadawul) on Monday, 25 September. Tadawul indicated that the stock will be …

Trading Activities

11 September 2023 03:38 PM Seera’s Almosafer becomes exclusive agent for Beond in Saudi Arabia; new route to launch

Riyadh – Mubasher: Travel company Almosafer, a subsidiary of Seera Group Holding, has become the exclusive general sales agent for Beond Airline in Saudi Arabia, according to a press release. Upon the collaboration, Almosafer will lead all sales, …

Companies Investments

27 August 2023 02:29 PM Seera's Lumi proceeds with IPO for Tadawul listing

Riyadh – Mubasher: Lumi Rental Company, a unit of Seera Group Holding, plans to proceed with the initial public offering (IPO) to float 16.50 million ordinary shares on the Main Market of the Saudi Exchange (Tadawul). Lumi intends to offer 30% of …

Initial Public Offerings

9 August 2023 01:50 PM Seera records growth in H1-23 financials; revenues leap 49.5%

Riyadh – Mubasher: Seera Group Holding turned profitable at SAR 124 million in the first half (H1) of 2023, versus net losses after Zakat and tax of SAR 131 million in H1-22. Revenues hiked by 49.54% to SAR 1.47 billion as of 30 June 2023 from SAR …

Financial Results

12 July 2023 00:09 PM Seera's Almosafer collaborates with Al Rajhi Takaful to provide free insurance

Riyadh – Mubasher: Saudi travel company Almosafer, a subsidiary of the listed Seera Group, has teamed up with Al Rajhi Takaful, an insurance solutions provider, to offer free insurance for flight bookings to customers in Saudi Arabia, according to …

Companies Investments

22 June 2023 07:33 PM Seera’s Almosafer launches new platform under partnership with Klook

Riyadh – Mubasher: Saudi travel company Almosafer, which is part of the listed Seera Group, has teamed up with Asia's booking portal Klook to launch the first-ever holistic tours and activities platform in the Kingdom under the name Almosafer …

SM - Private Companies News

7 June 2023 01:47 PM Seera terminates joint project deal with Alula

Riyadh – Mubasher: Seera Group Holding and Alula Development Company agreed to end their contract that was inked in February 2022 for the purpose of establishing a joint venture (JV). In a bourse filing, Seera highlighted that the project required …

Companies Investments

23 May 2023 01:48 PM Seera shifts to SAR 57m net profits in Q1-23

Riyadh – Mubasher: Seera Group Holding turned to net profits after Zakat and tax amounting to SAR 57 million in the first quarter (Q1) of 2023, against net losses worth SAR 63 million in Q1-22. The revenues hit SAR 794 million as of 31 March 2023, …

Financial Results

9 May 2023 04:33 PM Seera’s unit Almosafer becomes 1st travel firm in Saudi Arabia to integrate ChatGPT

Riyadh – Mubasher: Almosafer, a subsidiary of Seera Group Holding, has become the first travel company in Saudi Arabia that tests the integration of ChatGPT to enhance the booking experience by providing smarter and more tailored responses to …

Companies Investments

27 April 2023 06:35 PM Seera's unit pens SAR 471m deal with Aramco

Riyadh – Mubasher: Lumi Rental Company, a fully-owned subsidiary of Seera Group Holding, inked a SAR 471.18 million contract with Saudi Arabian Oil Company (Aramco) on 26 April 2023. Under the agreement, Lumi will lease 3,003 vehicles to Aramco …

Companies Investments

29 March 2023 03:31 PM Seera's net losses fall to SAR 46m in 2022

Riyadh – Mubasher: The net losses after Zakat and tax of Seera Group Holding plummeted by 87.67% to SAR 46 million in 2022, compared to SAR 373 million in 2021. The Saudi firm recorded a 71.01% hike in revenue to SAR 2.27 billion last year from …

Financial Results

29 January 2023 11:07 AM Seera approves resignation of CEO Alnefaie

Riyadh – Mubasher: Majed bin Ayedh Alnefaie has resigned from his post as the CEO of Seera Group Holding due to personal circumstances, according to a bourse filing. The company’s board accepted Alnefaie’s resignation on 28 January 2023, yet it …

Management Decisions