Dar Al Majed Real Estate Co. (4326)

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News

1 July 06:30 PM Almajdiah unveils development contracts worth nearly SAR 266m

Riyadh – Mubasher: Almajdiah Real Estate Company has announced the successful conclusion of its Ordinary General Meeting (OGM) held on 30 June 2026. Shareholders representing 65.56% of the company’s capital convened via modern technology to …

General Assembly

25 June 03:20 PM Almajdiah enters into framework agreement for project in Makkah

Riyadh – Mubasher: Almajdiah Real Estate Company has signed a framework agreement for the development of the Eastern Hindawiyah area in Makkah, according to a bourse filing. The agreement was penned on 24 June 2026 to establish the legal and …

Companies Investments

17 June 04:00 PM Al Majdiah opens new sale center in Jeddah

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 …

Companies Investments

14 June 07:39 PM Al Majdiah announces resignation of Al Tunisi

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 …

Management Decisions

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 …

Companies Investments

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 …

Companies Investments

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 …

Real estate

15 April 02:29 PM Al Majdiah announces new Chairman, Vice Chairman

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) named Khalid bin Abdulrahman Al Majed as the board’s Chairman for the next four years. Majed bin Abdulrahman Al Majed was appointed as the Vice Chairman until 12 April 2030, …

Management Decisions

18 March 08:49 AM Al Majdiah expands Banque Saudi Fransi’s credit facilities to SAR 684.5m

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) inked an addendum with Banque Saudi Fransi to raise its credit facilities to SAR 684.46 million from SAR 550 million. The amended agreement, signed on 12 March 2026, extends the …

Banking and Finance

20 January 11:25 AM Al Majdiah obtains SAR 500m loan from ANB

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) obtained a SAR 500 million loan from Arab National Bank (ANB) to support the coming project in line with its strategic expansion plans. The financing is guaranteed by promissory …

Banking and Finance

19 January 09:17 AM Al Majdiah supports expansion plans via SAR 500m loan from Alinma Bank

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) inked a Shariah-compliant banking facility agreement valued at SAR 500 million with Alinma Bank on 15 January 2026, according to a bourse filing. The loan aims to strengthen the …

Banking and Finance

15 December 2025 04:54 PM Al Majdiah inks SAR 85m residential development deal in Riyadh

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has signed a development agreement with the Jadwa Al-Manzel Real Estate Fund to establish a residential compound in Riyadh’s Hittin district. Spanning 14,709 square meters (sqm), the …

Companies Investments

16 September 2025 04:35 PM Al Majdiah inks SAR 454m contracts for residential projects

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) has signed two contracts worth a combined value of SAR 453.60 million with Tatweej Contracting Company to implement residential projects. The deals cover the Adeem Al-Fursan project …

Companies Investments

9 September 2025 09:41 AM Al Majdiah to float 30% of share capital on Tadawul this week

Riyadh - Mubasher: Dar Al Majed Real Estate Company (Al Majdiah) is expected to commence trading its shares on the Saudi Exchange (Tadawul) on Wednesday, 10 September. Trading under the symbol 4326, Al Majdiah will list 90 million shares, …

Real estate