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Real Estate

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18 June 11:13 PM Makkah Construction forms Audit Committee for upcoming board term
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 …
Knowledge Economic City
18 June 05:16 PM Knowledge Economic City secures SAR 150m financing from Riyad Bank
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 …
Photo Archive
15 June 08:42 PM Adeer Real Estate secures exclusive mandate for 47-Story Tower in Makkah
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 …
Photo Archive
14 June 08:02 PM Alramz Real Estate to pay SAR 75m dividends, changes strategic bylaws
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 …
Madinah
14 June 02:54 PM Madinah’s real estate auctions record SAR 989m sales in 2025
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 …
Umm Al Qura for Development and Construction Company
11 June 07:08 PM Umm Al Qura for Development elects new board amid financials ratification
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 …
Photo Archive
10 June 08:14 PM Banan Real Estate establishes investment committee
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 …
Photo Archive
10 June 02:24 PM Al Majdiah rolls out SAR 211.6m development agreement
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 …
Masar Gardens by Umm Al Qura for Development and Construction
9 June 08:26 PM Masar Gardens has initial investment of roughly SAR 6bn – Umm Al Qura
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 …
Photo Archive
9 June 05:36 PM Al Majdiah signs MoU to launch educational real estate fund
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 …
Photo Archive
8 June 07:14 PM Al Ramz Real Estate, Assayel Arabia set up SAR 370m fund
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 …
Photo Archive
8 June 11:41 AM Hawyia Auctions' OGM approves SAR 10m dividends for 2025
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 …
Photo Archive
7 June 04:25 PM Riyad REIT generates SAR 67m from property sale in Texas
Riyadh - Mubasher: Riyad Capital, the fund manager of Riyad REIT, has completed the sale of Riyad International Real Estate (IV) in Texas, the US, according to a bourse filing. Riyad REIT invested SAR 45 million in the property during 2020, while …
PIF, TMG collaborate for giga-projects development
7 June 03:37 PM Region’s giants PIF, TMG collaborate for giga-projects development
Riyadh – Mubasher: Saudi Arabia’s Public Investment Fund (PIF) and Talaat Moustafa Group Saudi for Real Estate Development (TMG), the Saudi branch of leading Egyptian real estate developer TMG, have entered into a Memorandum of Understanding (MoU) …
Photo Gallery
4 June 06:25 AM Al Huda Park nears completion, delivers 1st retail unit in Makkah
Riyadh – Mubasher: Al Huda Park has entered a new phase of development, as Hamat commenced its first tenant handovers at the upcoming flagship retail and lifestyle destination in Makkah, ahead of its planned opening in the first quarter (Q1) of …
Photo Archive
3 June 09:02 AM Retal pens development deal for SAR 1.9bn mixed-use project
Riyadh - Mubasher: Retal Urban Development Company signed a development management agreement with Sakan Al Malqa Real Estate Company, which is managed by SAB Invest Company, on 2 June. Under the deal, Retal will become the exclusive development …
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1 June 04:18 PM Royal Commission for Makkah City awards 6 development sites at SAR 13bn
Riyadh - Mubasher: The Royal Commission for Makkah City and Holy Sites has awarded six targeted urban development sites in Makkah, covering a combined area of more than 2.70 million square meters (m²). Meanwhile, the total development value of the …
Photo Archive
1 June 02:32 PM First Avenue holds 45% of consortium for SAR 2bn project in Makkah
Riyadh - Mubasher: First Avenue for Real Estate Development Company has joined a consortium, with 45%, for the development of East Hindawiyah District in Makkah, which forms part of the Makkah Informal Settlements Development Program. The project …
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1 June 01:45 PM Ladun, Al Ayuni to develop Makkah project via private real estate fund
Riyadh - Mubasher: Ladun Investment Company, in partnership with Al Ayuni Investment and Contracting Company, has been awarded the Khalidiyah Informal Settlement Redevelopment Project in Makkah. The project was awarded by the Royal Commission for …
Umm Al Qura for Development & Construction Company
1 June 01:01 PM Umm Al Qura launches new 5-year strategy, announces 2nd destination in Makkah
Riyadh – Mubasher: Umm Al Qura for Development & Construction Company, the owner, developer, and operator of Masar Destination, has announced the receipt of two letters of award for the development of the Hindawiya West and Hindawiya South sites - …
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1 June 11:40 AM Al Majdiah, First Avenue awarded SAR 2bn project deal in Makkah
Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) was awarded a project contract for developing the Eastern Al Hindawiya site in Makkah under the supervision of the Royal Commission for Makkah City and Holy Sites. The alliance …
Photo Archive
1 June 09:13 AM Umm Al Qura, Makkah Construction join alliance for SAR 6bn development project
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company received two letters of award from the Royal Commission for Makkah City and Holy Site for a development project with an estimated cost of SAR 6 billion. The company will join …
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31 May 06:18 PM Al Ramz Real Estate to acquire Al Ahli Aleen Enbar Fund’s entire units
Riyadh – Mubasher: Al Ramz Real Estate Company has signed definitive agreements to acquire the remaining shareholder units in Al Ahli Aleen Enbar Real Estate Fund in a transaction valued at SAR 133 million, according to a bourse disclosure. …
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31 May 10:54 AM Saleh Abdulaziz AlRashed & Sons secures supply contract with FCC-Al Mabani JV
Riyadh – Mubasher: Saleh Abdulaziz AlRashed & Sons Company has signed a supply agreement with the FCC-Al Mabani joint venture (JV), a partnership comprising the branch of FCC Construcción and Al Mabani General Contractors. The short-term contract …
Riyadh
28 May 11:20 AM Saudi Arabia’s macroeconomic environment in early 2026 reflects adjustment phase – Report
Riyadh – Mubasher: The Saudi market has been defined by strategic recalibration, steady structural demand drivers, and continued investor confidence during the first quarter (Q1) of 2026 despite a more complex regional economic backdrop, according …