Riyadh – Mubasher: Umm Al Qura for Development and Construction Company (MASAR) has announced a significant milestone in the redevelopment of Makkah’s urban landscape following the signing of framework agreements for the Hindawiyah West and …
Riyadh – Mubasher: Almajdiah Real Estate Company has signed a framework agreement for the development of the Eastern Hindawiyah area in Makkah, according to a bourse filing. The agreement was penned on 24 June 2026 to establish the legal and …
Riyadh – Mubasher: The Securities Depository Center Company (Edaa) announced the implementation of a securities quantity increase for First Avenue for Real Estate Development Company, according to an official statement. The adjustment was applied …
Riyadh – Mubasher: The ordinary general assembly of Dar Alarkan Real Estate Development Company, which was held on 23 June 2026, ratified several key resolutions, including the appointment of a new external auditor. The shareholders also approved …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company, a major developer in the Saudi real estate sector, announced that its flagship Masar Destination project in Makkah has been officially designated as a zone where non-Saudi …
Riyadh - Mubasher: ASG Plastic Factory Company has signed an industrial land lease contract with the Saudi Authority for Industrial Cities and Technology Zones (MODON) for a 100,377 square meter (m²) plot in Sudair Industrial and Business City. …
Riyadh - Mubasher: Yaqeen Capital Company has launched and commenced operations of the Yaqeen Madinah Hotel Fund, according to a bourse filing. The fund is a private, Shariah-compliant, closed-ended real estate development vehicle with a target …
Riyadh – Mubasher: Osool & Bakheet Investment Company has officially announced the launch and commencement of operations for the Osool & Bakheet Ashad Al Hamra Hotel Development Fund. The closed-ended private real estate investment fund carries a …
Riyadh - Mubasher: Sumou Real Estate Company has announced a significant regulatory milestone regarding the Al Dahiya Residence project in Makkah Al Mukarramah. In a disclosure to the Saudi Exchange (Tadawul), the company confirmed it has …
Riyadh – Mubasher: Alistithmar for Financial Securities and Brokerage Company, known as Alistithmar Capital, has announced the signing of a significant commercial guarantee agreement aimed at stabilizing the financial performance of the …
Riyadh – Mubasher: Riyadh Development Company, known as ARDCO, has been assigned a long-term credit rating of ‘A-‘ on the Saudi Arabia national scale by S&P Global Ratings. The rating, which carries a stable outlook, marks the first time the …
Riyadh – Mubasher: Jabal Omar Development Company, a major player in the Saudi Arabian real estate sector, has officially entered into a Sharia-compliant Murabaha financing agreement valued at SAR 2 billion with the Saudi National Bank (SNB). The …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company has finalized agreements for the sale of three strategic land plots within the Masar Destination in Makkah. The transaction, valued at a combined total of SAR 239.85 million, …
Riyadh – Mubasher: Makkah Construction and Development Company has formally disclosed the composition of its Audit Committee for the new Board of Directors term upon a resolution passed by the Board of Directors, according to a bourse. The …
Riyadh – Mubasher: Knowledge Economic City, a major real estate development entity, has finalized a Sharia-compliant financing agreement with Riyad Bank for a total of SAR 150 million, according to a bourse filing. This facility is specifically …
Riyadh – Mubasher: Adeer Real Estate Company has signed a contract with Areeb Al Mutatawirah Real Estate Company to provide exclusive marketing and sales services for a major mixed-use development in Makkah, according to a bourse filing. The …
Riyadh – Mubasher: Alramz Real Estate Company has announced the results of its Extraordinary General Assembly meeting held on 11 June 2026, where shareholders approved a significant cash dividend distribution and a comprehensive restructuring of …
Riyadh - Mubasher: Real estate auctions in Madinah generated nearly SAR 989 million in sales through 89 auctions that facilitated the sale of 384 properties during 2025, according to the Saudi Press Agency (SPA). Averaged approximately 4.3 …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company, trading as MASAR on the Saudi Exchange, has convened its 15th Extraordinary General Assembly during which shareholders approved the fiscal reports for 2025. The shareholders …
Riyadh – Mubasher: Banan Real Estate Company has announced the official formation of its Investment Committee, following a resolution passed by the company’s Board of Directors. The establishment of this specialized body is intended to enhance the …
Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) signed a deal with Jadwa Al Manzel Real Estate Fund, represented by Ahdath Real Estate Data Company, at a value of SAR 211.61 million. Dar Al Majed Real Estate Company has been …
Riyadh – Mubasher: Umm Al Qura for Development and Construction has announced its 2026–2030 growth strategy that includes its 1.2 million-square-meter Masar Gardens project. The new mixed-use urban destination in Makkah has an initial …
Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) signed a non-binding memorandum of understanding (MoU) with Al Ahli Capital, along with Rekaz Real Estate Company and Al Jadah Al Oula Real Estate Development Company. The companies …
Riyadh – Mubasher: Al Ramz Real Estate Company signed an agreement to establish a Sharia-compliant real estate investment fund, named Alahli Alramz Assayel Residential Fund, at SAR 370 million. The joint venture (JV) is equally owned between Al …
Riyadh - Mubasher: The shareholders of Hawyia Auctions Company approved the distribution of SAR 10 million in cash dividends for 2025 during the company’s ordinary general meeting (OGM), according to a bourse filing. The Tadawul-listed company …
