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29 April 10:37 PM Kuwait’s projects total value in Q1-26 reflects highest quarterly level since early 2021 – Kamco Invest
Mubasher: The total value of annual projects awarded in Kuwait during the first quarter (Q1) of 2026 reached the highest quarterly level in more than 21 quarters, since Q1-21, according to the market update report by Kamco Invest. The overall …
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29 April 10:15 PM Transport sector comprises largest share of Q1-26 new project awards in UAE – Kamco Invest
UAE – Mubasher: The total value of projects awarded in the UAE during the first quarter (Q1) of 2026 declined by 18.5% or nearly $6.6 billion to reach $29.2 billion compared to $35.8 billion in Q1-25, Kamco Invest said in its latest market update …
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27 April 08:54 AM Hassan Allam, Al Bawani Holding’s JV awarded $490m development project in Diriyah
Mubasher: A venture between Hassan Allam Construction and Al Bawani Company has been awarded a $490 million contract (SAR 1.84 billion) to construct the Saudi Arabia Museum of Contemporary Art (SAMoCA) for Diriyah Company. With a total gross floor …
al rajhi capital
27 April 08:29 AM al rajhi capital, S&P Global launch Saudi construction index in Middle East
Riyadh – Mubasher: alrajhi capital, a company licensed by the Capital Market Authority (CMA), partnered with S&P Global to launch the alrajhi capital Saudi Construction Index in the Middle East. Operated by the Market Intelligence division within …
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26 April 05:17 PM BAAN Holding unveils SAR 418m asset acquisitions through share issuances
Riyadh - Mubasher: The extraordinary general meeting (EGM) of BAAN Holding Group Company approved two major asset acquisition deals with a combined value of approximately SAR 418 million on 23 April 2026. The approved transactions will be financed …
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26 April 02:51 PM Alramz Real Estate, SNB Capital launch development fund in Riyadh
Riyadh - Mubasher: Alramz Real Estate Company has inked an agreement with SNB Capital to establish a Sharia-compliant real estate investment fund for the development of its Ramz Al Raed residential project in Riyadh’s Al Raed district. The fund …
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26 April 12:55 PM Jabal Omar receives license to operate 3rd Rotana Hotel tower
Riyadh - Mubasher: Jabal Omar Development Company has received a license from the Ministry of Tourism to operate the third and final tower of the Rotana Hotel. This move is part of phase four of the Jabal Omar project, according to a bourse …
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22 April 05:11 PM Riyadh Development exits real estate fund for nearly SAR 184.5m in deal with Sumou
Riyadh - Mubasher: Riyadh Development Company has signed an agreement to sell all its units in the Al Arabi Riyadh Development Real Estate Fund to Sumou Holding Company for a total value of SAR 184.47 million. The transaction will be paid …
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22 April 10:56 AM CGS awarded EUR 7m contract for project in Kuwait
Riyadh - Mubasher: Consolidated Grünenfelder Saady Holding Company (CGS) has secured a EUR 6.78 million award from S2 Company for Management and Development of Lands and Real Estate. The scope of work includes the development of the WH-01 18K …
Aldar
19 April 09:24 AM Aldar secures AED 5bn sustainability-linked facility backed by regional, int'l lenders
Abu Dhabi – Mubasher: Aldar Properties has closed an AED 5 billion ($1.36 billion) five-year syndicated sustainability-linked revolving credit facility (RCF), according to a press release. The transaction witnessed the participation of 10 major …
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19 April 08:44 AM Dar Global secures $250m facility from Emirates NBD to back global expansions
Dubai - Mubasher: Emirates NBD has executed a $250 million syndicated term loan for London-listed luxury international real estate developer Dar Global, according to a press release. Dar Global, which is majority owned by Dar Al Arkan Real Estate …
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15 April 06:09 PM Al Akaria pens SAR 50m contract with subsidiary Mumtalakat
Riyadh - Mubasher: Saudi Real Estate Company (Al Akaria) has inked an integrated facilities management services contract valued at SAR 50.11 million with its 60%-owned subsidiary, Saudi-Korean Company for Maintenance and Properties Management …
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15 April 05:20 PM Ladun signs MoU with Asbar Capital for SAR 250m development project
Riyadh - Mubasher: Ladun Investment Company has inked a memorandum of understanding (MoU) with Asbar Capital Company to implement a mixed-use real estate development in Riyadh’s Sports Boulevard, Al Munsiyah District. Ladun will serve as the …
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15 April 01:06 PM Tam Development appoints Al Mutrafi as new CEO
Riyadh - Mubasher: Tam Development Company announced Firas bin Ghazi bin Ibrahim Al Mutrafi as the new CEO, effective 15 April 2026. This appointment follows the resignation of the former CEO Abdullah Anwar Mohammed Yousef on 14 April, according …
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14 April 11:30 AM Academy of Learning’s unit inks SAR 332m lease deal for Riyadh school complex
Riyadh - Mubasher: Learning Private Schools Company, a subsidiary of Academy of Learning Company, has signed a long-term investment lease agreement valued at SAR 332.44 million to operate an educational complex in Riyadh. The deal marks the …
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7 April 03:40 PM A Capital’s unit secures franchise deal to expand globally
Cairo - Mubasher: Porto International Investment, a subsidiary of A Capital Holding, has signed a development and master franchise agreement with Italian company La Burrateria. The deal includes establishing a factory for cheese production …
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2 April 01:25 PM SENAAT logs 277% higher net profits in 2025
Riyadh - Mubasher: Advanced Building Industries Company (SENAAT) posted an annual leap of 276.90% in net profits attributable to the shareholders worth SAR 101.02 million during 2025, compared to SAR 26.80 million. The earnings per share (EPS) …
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1 April 07:15 PM Emaar The Economic City generates 167% higher revenue in 2025 amid lower losses
Riyadh – Mubasher: Emaar The Economic City reported a decrease of 99.21% in net losses to SAR 9 million in 2025 from SAR 1.13 billion in 2024. The loss per share shrank to SAR 0.02 in 2025 when compared with SAR 2.17 in the previous year, …
Chestertons
23 March 07:11 PM Chestertons names Stevens as new CEO to endorse MENA Growth
Mubasher: Real estate advisory firm Chestertons has recently appointed John Stevens as the CEO of the international entity to lead its growth across the MENA region, according to a press release. Stevens aims to be focused on ensuring the regional …
Dar Al Arkan Real Estate Development Company
22 March 03:36 PM Moody's affirms Dar Al Arkan ratings, ‘Stable’ outlook
Riyadh – Mubasher: Moody's Ratings has affirmed the ‘B1’ long-term corporate family rating (CFR) and ‘B1-PD’ probability of default rating (PDR) of the Saudi listed Dar Al Arkan Real Estate Development Company. The agency also affirmed the ‘(P)B1’ …
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18 March 09:04 AM Asas Makeen pens SAR 63m villas development deal in Riyadh
Riyadh - Mubasher: Asas Makeen Real Estate Development and Investment Company inked a SAR 63.08 million real estate development agreement with Awa'id Al-Hada Company to develop a residential villas project in Al-Hada district, Riyadh. Asas Makeen …
Umm Al Qura for Development and Construction Company
17 March 02:35 AM Umm Al Qura for Development records higher revenue at SAR 2.9bn in 2025
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company registered net profits worth SAR 983.39 million in 2025, signaling a leap of 97.23% from SAR 498.61 million in 2024. The earnings per share (EPS) went up to SAR 0.70 in 2025 …
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16 March 01:55 PM Retal’s net profits jump 10% in 2025
Riyadh - Mubasher: Retal Urban Development Company reported a 10.22% year-on-year (YoY) increase in net profit attributable to owners to SAR 293.30 million in 2025, compared with SAR 266.10 million. The earnings per share (EPS) climbed to SAR 0.59 …
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12 March 01:48 PM Alandalus Property’s net losses drop 42% in 2025
Riyadh - Mubasher: The net losses attributable to the owners of Alandalus Property Company fell by 42.18% year-on-year (YoY) to SAR 18.27 million in 2025 from SAR 31.60 million. The loss per share hit SAR 0.20 at the end of December 2025 when …