Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company has signed a SAR 240 million agreement with the National Housing Company (NHC). The project aims to develop the Tali’at Al-Mashraqiyah project in eastern Riyadh, …
Cairo – Mubasher: Madinet Masr Housing and Development penned a memorandum of understanding (MoU) with Waheej for Real Estate to expand its presence in the Saudi real estate market. Madinet Masr and the licensed Saudi real estate developer will …
Riyadh – Mubasher: Asas Makeen Real Estate Development and Investment Company is scheduled to commence listing its shares on the Parallel Market (Nomu) of the Saudi Exchange (Tadawul) on Monday, 16 June 2025. Asas Makeen will float 1 million …
Riyadh – Mubasher: Sumou Real Estate Company inked a SAR 562.47 million contract with Sedco Capital Sumou Al Muqarr Fund, represented by Jawharat Al Ghura Real Estate Development Company The company will implement the infrastructure and …
Riyadh – Mubasher: Retal Urban Development Company announced two key appointments for a new board term that began on 26 May 2025 and will end on 25 May 2029. The company named Ibrahim Abdullah Abdullatif Al Fozan as the board’s Chairman for the …
Riyadh – Mubasher: Naif Alrajhi Investment joined forces with Aljazira Capital to launch a closed private real estate investment fund valued at SAR 1.70 billion, according to a recent press release. The newly established fund will focus on …
UAE – Mubahser: Dubai Land Department (DLD) has launched the region’s first tokenized real estate investment project through the Prypco Mint platform, according to a press release. The initiative is being implemented in partnership with Prypco, …
Riyadh – Mubasher: Sumou Real Estate Company penned a development agreement with National Housing Company (NHC) for areem Makkah project, with an estimated value of SAR 680 million. The two companies will team up to build residential units on an …
Cairo - Mubasher: MubasherTrade Research has determined the fair value (FFV) of Bonyan for Development and Trade Company’s stock at EGP 7.94 per share, with a medium-risk buy recommendation. Mubasher Research evaluated the company's stock using …
Cairo – Mubasher: Talaat Moustafa Group Holding Company (TMG Holding) signed a deal with the Omani Ministry of Housing and Urban Planning to develop two projects in Oman, according to a press release. Hisham Talaat Moustafa, Chairman of Talaat …
Riyadh – Mubasher: Saudi Real Estate Company (Al Akaria) recorded net profits valued at SAR 135.20 million in the first quarter (Q1) of 2025, an annual leap of 4,562% from SAR 2.90 million. The revenues climbed by 46.88% year-on-year (YoY) to SAR …
Riyadh – Mubasher: Alandalus Property Company shifted to net losses worth SAR 830,000 in the first quarter (Q1)of 2025, compared to profits of SAR 4.72 million in Q1-24. The Saudi company’s revenues increased by 6.43% YoY to SAR 56.41 million in …
Riyadh - Mubasher: Jabal Omar Development Company posted net profits of SAR 945.94 million in the first quarter (Q1) of 2025, signaling an annual leap of 4,873.39% from SAR 19.02 million. The earnings per share (EPS) jumped to SAR 0.80 as of 31 …
Dubai – Mubasher: Emaar Properties generated revenues amounting to AED 10.10 billion ($2.80 billion) in the first quarter (Q1) of 2025, marking a 50% year-on-year (YoY) hike, according to the financial results. The property sales reached nearly …
Riyadh - Mubasher: Makkah Construction and Development Company reported 32.74% higher net profits at SAR 150 million in the first quarter (Q1) of 2025, compared with SAR 113 million in Q1-24. The earnings per share (EPS) surged to SAR 0.75 as of …
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company posted net profits worth SAR 209.34 million in the first quarter (Q1) of 2025, an annual growth of 36.29% from SAR 153.59 million. Revenues hiked by 7.75% to SAR 932.01 million in …
Riyadh – Mubasher: Sumou Real Estate Company logged net profits amounting to SAR 22.36 million in the first quarter (Q1) of 2025, an annual growth of 16.99% from SAR 19.11 million. The company’s sales hiked by 25.34% year-on-year (YoY) to SAR …
Mubasher: Global hotels and resorts group Hilton signed two new properties in Cairo’s New Administrative Capital (NAC) in partnership with Panax Company, part of Selim Holding Group, according to a press release. Expected to open in 2028, Hilton …
Riyadh – Mubasher: Sumou Real Estate Company announced a SAR 680 million development deal with the National Housing Company to establish more than 900 Residential Villas in the Makkah Gate project. The company was awarded the project on 20 April …
UAE – Mubasher: The UAE Ministry of Finance has announced a new decision that specifies the cases in which a non-resident juridical investor in a Qualifying Investment Fund (QIF) or Real Estate Investment Trust (REIT) is considered to have a nexus …
Abu Dhabi – Mubasher: The UAE’s Modon Holding has teamed up with Elsewedy Industrial Development to build and operate a new industrial zone for the Ras El-Hekma city megaproject in Egypt, according to a press release. The two companies signed a …
Riyadh – Mubasher: Umm Al Qura for Development and Construction debuted on the Saudi Exchange’s (Tadawul) Main Market at SAR 15 per share in line with the announcement of its financial results for the full-year ended on 31 December 2024. The IPO …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company recorded 57.29% year-on-year (YoY) higher net profits at SAR 498.61 million in 2024, compared to SAR 317 million. Revenues hiked by 84.58% to SAR 1.82 billion at the end of …
Riyadh – Mubasher: Alandalus Property Company incurred net losses worth SAR 31.60 million in 2024, against net profits amounting to SAR 36.42 million at the end of December 2023. Revenues climbed by 9.63% year-on-year (YoY) to SAR 235.89 million …
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company recorded 32.10% higher net profits at SAR 806.84 million at the end of December 2024, versus SAR 610.76 million in 2023. Revenues hiked by 38.86% to SAR 3.75 billion last year from …
