Riyadh – Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has signed a real estate development agreement with Real Estate Investment Fund 9 to serve as the lead developer for a residential project in Makkah. The contract, signed on 4 August …
Riyadh – Mubasher: Banan Real Estate Company recorded net profits worth SAR 21.25 million in the first half (H1) of 2026, marking a 16.96% increase from SAR 18.17 million during H1-25. The company attributed the growth to a 3.78% rise in rental …
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) logged net profits valued at SAR 588.20 million for the first half (H1) of 2026, marking an annual drop of 14.73%. The decline in bottom-line performance was primarily driven by higher …
Riyadh – Mubasher: Alandalus Property Company announced a significant turnaround in its financial performance for the first half (H1) of 2026, recording a net profit of SAR 12.31 million. This compares to a net loss of SAR 10.97 million during …
Riyadh — Mubasher: Al Ramz Real Estate Company has obtained Sharia-compliant credit facilities totaling SAR 300 million from Alinma Bank. The financing package is divided into two distinct tranches designed to support the company’s expansion plans …
Riyadh - Mubasher: Retal Urban Development Company logged net profit valued at SAR 42 million, lower by 68.726% year-on-year (YoY) than SAR 134.30 million. Half-year revenue grew 14.26% to SAR 1.20 billion, backed by a 15% increase in development …
Riyadh – Mubasher: Taiba Investments Company posted 32.02% year-on-year (YoY) lower net profits in the second quarter (Q2) of 2026, with earnings falling to SAR 72.80 million from SAR 107.10 million. The company attributed the decline to the …
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) has completed major construction and the transition to the operational phase for its Westfield Jeddah project. The company secured the occupancy certificate for the development on 30 July …
Riyadh — Mubasher: Al Ramz Real Estate Company logged net profits valued at SAR 54.31 million in the first half (H1) of 2026, an annual drop of 24.05% from SAR 71.50 million. Earnings per share (EPS) fell to SAR 1.27 in H1-26 from SAR 2.38 in …
Riyadh - Mubasher: Retal Urban Development Company has reached an agreement with Al Fozan Holding to extend the termination date of their share swap agreement to 31 December 2026. The extension is intended to provide additional time to satisfy the …
Riyadh – Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) recorded net profits valued at SAR 80.33 million for the first half (H1) of 2026, representing a 62.15% decrease from SAR 212.22 million in the same period last year. The company …
Riyadh - Mubasher: Makkah Construction and Development Company posted a net profit of SAR 334.80 million in the first half (H1) of 2026, an annual leap of 13.76% when compared to SAR 294.30 million. The company’s revenue for the half-year period …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company witnessed net profits amounting to SAR 261.03 million for the first half (H1) of 2026, marking a 34.14% decline from SAR 396.34 million in H1-25. The company attributed the …
Riyadh - Mubasher: Riyadh Development Company logged consolidated net profits valued at SAR 108.86 million for the first six months (6M) of 2026, up 1.08% year-on-year (YoY) from SAR 107.70 million. The company’s revenue for the half-year period …
Riyadh – Mubasher: Banan Real Estate Company has officially launched its new subsidiary, Emaar Al Waseel Al Mutamayiza, following initial board approval granted on 19 July 2026. The new entity has been incorporated as a simplified joint stock …
Riyadh - Mubasher: Jabal Omar Development Company generated net profits of SAR 158.13 million for the second quarter (Q2) of 2026, reversing a net loss of SAR 42.06 million recorded during the same period last year. Revenue for the quarter rose by …
Riyadh – Mubasher: Dar Al Arkan Real Estate Development Company logged a net profit of SAR 498.97 million for the first six months (6M) of 2026, marking an annual increase of 11.39% from SAR 447.96 million. The developer attributed the growth …
Riyadh — Mubasher: Makkah Construction and Development Company (MCDC) announced the renewal of an existing Sharia-compliant financing facility with Bank Aljazira at a total value of SAR 880 million on 29 July 2026. The company selected the offer …
Riyadh — Mubasher: Al Ramz Real Estate Company announced the signing of an agreement with SNB Capital, the investment banking and asset management arm of the Saudi National Bank (SNB). The deal aims to establish a Sharia-compliant real estate …
Riyadh — Mubasher: The Fundamental Installation for Electric Work Company (First Fix), a subsidiary of Red Sea International Company, has signed a revised financial facility agreement with Saudi National Bank (SNB). Under the terms of the …
Riyadh – Mubasher: Knowledge Economic City’s subsidiary, Al Gharaa International Real Estate Development Limited, signed a contract on 27 July 2026 with Saudi Al Kifah Contracting Company (SALKO) for infrastructure development. The agreement, …
Riyadh – Mubasher: Knowledge Economic City has signed a letter of intent (LOI) with its subsidiary, Al Gharaa International Real Estate Development Limited, BSF Capital, and Foreman Investment to establish a private closed-ended real estate …
Riyadh — Mubasher: View United Real Estate Development Company announced the start of the subscription period for the first and second tranches of its Saudi Riyal-denominated Sukuk program. Each of the two tranches is valued at SAR 1 million, …
Riyadh — Mubasher: Significant shifts in major ownership stakes across the Saudi Exchange (Tadawul) were highlighted by a substantial new position in Alandalus Property Company and a notable reduction in Electrical Industries Company (EIC), …
Riyadh – Mubasher: Alzakary Holding Company emerged as a new major shareholder in Alandalus Property Company. The new equity ownership followed a transaction that represents the largest ownership shift on the Saudi Exchange (Tadawul) on 23 July …
