Riyadh – Mubasher: Announcement of Hamad Mohammed Bin Saedan Real Estate Company has announced the appointment of Mohammed bin Abdulmohsen Al Assaf as the Chairman of its Audit Committee. The appointment of Al Assaf will become effective on 30 May …
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company has closed its 15th issuance of sukuk, the eleventh tranche Sukuk issuance under its USD-denominated Islamic Sukuk program with a size of SAR 2.25 billion ($600 million). The order …
Riyadh - Mubasher: Expo 2030 Riyadh hosted a strategic site tour and executive progress review attended by senior leaders from major delivery partners as construction activity continues to accelerate ahead of the global event. The tour was led by …
Riyadh – Mubasher: Alandalus Property Company has announced an update on its joint venture development with Masat Real Estate Company, according to a bourse filing. The listed firm confirmed that construction of Al Huda Park project in Makkah has …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company sold a plot of land within Masar Destination to Heyazah Osool Al Hejaz Development Company in exchange for SAR 210.76 million. Heyazah, the SPV of a real estate fund managed …
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company plans to issue Sharia-compliant, USD-denominated, fixed-rate RegS senior unsecured Sukuk, according to a bourse filing. Dar Al Arkan has mandated Abu Dhabi Commercial Bank (ADCB), Abu …
Riyadh – Mubasher: Taiba Investments Company has entered into a partnership agreement with Osool Integrated Real Estate Company to establish a special‑purpose company with a total investment size estimated at SAR 2.40 billion, according to a …
Riyadh – Mubasher: The Saudi Industrial Development Company (SIDC) has announced that its specialized manufacturing branch, SIDC Ceramic Factory (CASAVIA), has entered into a formal agreement with the National Housing Company (NHC). The …
Riyadh – Mubasher: Riyadh Development Company, known as ARDCO, has received additional tax invoices totaling approximately SAR 2.07 million under the White Land and Vacant Property Fees Law program of Saudi Arabia, according to a bourse filing. …
Riyadh - Mubasher: Saudi Real Estate Company (Al Akaria) recorded 251.84% year-on-year (YoY) higher net profits attributable to the shareholders at SAR 475.70 million in the first quarter (Q1) of 2026, compared to SAR 135.20 million. The revenues …
Riyadh - Mubasher: Sumou Real Estate Company logged net profits attributable to the shareholders amounting to SAR 35.62 million in the first quarter (Q1) of 2026. The registered net profits were higher by 59.30% year-on-year (YoY) than SAR 22.36 …
Riyadh - Mubasher: Alandalus Property Company turned profitable at SAR 1.77 million in the first quarter (Q1) of 2026, compared to net losses of SAR 830,000 in Q1-25. The revenues climbed by 25.61% year-on-year (YoY) to SAR 70.86 million in Q1-26 …
Riyadh - Mubasher: Makkah Construction and Development Company achieved SAR 162.20 million in net profit attributable to the shareholders during the first quarter (Q1) of 2026. The quarterly profits were higher by 8.06% year-on-year (YoY) than SAR …
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company achieved an annual growth of 24.31% in net profit to SAR 260.24 million during the first quarter (Q1) of 2026 when compared to SAR 209.34 million. The earnings per share (EPS) rose to …
Riyadh - Mubasher: The net profits attributable to the shareholders of Retal Urban Development Company amounted to SAR 59.30 million in the first quarter (Q1) of 2026. The registered earnings were lower by 12.92% year-on-year (YoY) than SAR 68.10 …
Riyadh - Mubasher: The net profits attributable to the shareholders of Jabal Omar Development Company plunged by 87.63% to SAR 116.99 million in the first quarter (Q1) of 2026, versus SAR 945.94 million in Q1-25. Similarly, the revenues fell by …
Riyadh - Mubasher: The net profits attributable to the shareholders of Riyadh Development Company climbed by 19.99% to SAR 50.48 million in the first quarter (Q1) of 2026 from SAR 42.07 million in Q1-25. The group posted 49.39% year-on-year (YoY) …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company posted 71.85% year-on-year (YoY) lower net profits after tax valued at SAR 44.93 million in the first quarter (Q1) of 2026. The registered profits were compared with SAR …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
