Riyadh – Mubasher: Red Sea International Company has announced the results of its Extraordinary General Assembly meeting held on 18 June 2026, during which shareholders approved several key resolutions, including the appointment of a new external …
Riyadh – Mubasher: Riyadh Development Company, known as ARDCO, has been assigned a long-term credit rating of ‘A-‘ on the Saudi Arabia national scale by S&P Global Ratings. The rating, which carries a stable outlook, marks the first time the …
Riyadh – Mubasher: Jabal Omar Development Company, a major player in the Saudi Arabian real estate sector, has officially entered into a Sharia-compliant Murabaha financing agreement valued at SAR 2 billion with the Saudi National Bank (SNB). The …
Riyadh - Mubasher: Arabian Centres Company (Cenomi Centers) has announced a recommendation from its Board of Directors to increase the company’s share capital by 8.98%. The proposed expansion, which remains subject to regulatory and shareholder …
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company has finalized agreements for the sale of three strategic land plots within the Masar Destination in Makkah. The transaction, valued at a combined total of SAR 239.85 million, …
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 …
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 …
Riyadh – Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has officially announced the opening of its newest sales center in Jeddah. This strategic expansion, situated in the prominent Al-Shati district, is designed to bolster the company’s …
Riyadh - Mubasher: Makkah Construction and Development Company has officially announced the appointment of its Chairman and Vice Chairman, alongside the formation of its specialized board committees, marking the start of a new governance cycle. …
Riyadh – Mubasher: The Saudi Exchange (Tadawul) approved an application from Morgan Stanley Saudi Arabia to commence market-making activities for Hamad Mohammed Bin Saedan Real Estate Company on the Parallel Market (Nomu) on 17 June. The …
Riyadh - Mubasher: Shareholders of First Avenue for Real Estate Development Company have approved a substantial capital increase and a strategic share buyback program during an extraordinary general meeting (EGM) held on 15 June. The assembly, …
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 …
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 …
Riyadh – Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has officially disclosed the resignation of Ziad Mohammed Makki Al Tunisi from his role as an independent board member, according to a bourse filing. The announcement, released …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
Riyadh - Mubasher: Taiba Investments Company has completed the deposit of proceeds from the sale of fractional shares resulting from its capital increase into eligible shareholders’ accounts on 8 June 2026. The company sold 21,514 fractional …
Riyadh - Mubasher: The ordinary general meeting (OGM) of Makkah Construction and Development Company approved the board’s recommendation to distribute dividends totaling SAR 300 million for 2025. The group will pay out SAR 1.50 per share, …
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 …
Riyadh – Mubasher: The Saudi Exchange (Tadawul) recently announced that the fluctuation limits for Asas Makeen Real Estate Development and Investment Company had been set based on a share price of SAR 26.64, according to a bourse disclosure. The …
