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Real estate

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2 hours ago Umm Al Qura for Development finalizes SAR 462m land sale agreement
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company (MASAR) has announced the formal execution of sale agreements for two land plots within the project’s first zone. The transaction, valued at a total of SAR 462.11 million, …
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28 June 06:28 PM Al Hammadi Holding to receive SAR 80m compensation over partial land expropriation
Riyadh – Mubasher: Al Hammadi Holding Company, a prominent healthcare provider listed on the Saudi Exchange (Tadawul), has announced a significant update regarding its recently acquired land in Riyadh’s Al Mounisiyah district. Following a decision …
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28 June 01:21 PM Retal’s shareholders endorse share buyback program, interim dividends for 2026
Riyadh - Mubasher: Retal Urban Development Company announced the successful conclusion of its Extraordinary General Meeting (EGM) held on 25 June 2026, where shareholders approved the 2025 financial results and authorized several strategic …
Makkah Construction and Development Company (MCDC)
28 June 11:36 AM MCDC unveils framework agreements for Hindawiyyah projects
Riyadh – Mubasher: Makkah Construction and Development Company (MCDC) has announced a significant procedural milestone regarding the development of the Western and Southern Hindawiyyah districts in Makkah. Following the initial project award …
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28 June 11:26 AM Jabal Omar outlines new strategy following real estate ownership law for non-Saudis
Riyadh – Mubasher: Jabal Omar Development Company, a leading real estate developer in the Holy City of Makkah, has unveiled a comprehensive strategic plan to leverage recent regulatory changes allowing non-Saudi ownership within its flagship …
Umm Al Qura for Development and Construction Company
25 June 07:52 PM Umm Al Qura for Development announces framework agreements for Makkah projects
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company (MASAR) has announced a significant milestone in the redevelopment of Makkah’s urban landscape following the signing of framework agreements for the Hindawiyah West and …
Almajdiah Real Estate Company
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 …
First Avenue for Real Estate Development Company
25 June 10:37 AM Edaa completes securities quantity increase for First Avenue
Riyadh – Mubasher: The Securities Depository Center Company (Edaa) announced the implementation of a securities quantity increase for First Avenue for Real Estate Development Company, according to an official statement. The adjustment was applied …
Dar Alarkan Real Estate Development Company
24 June 04:37 PM Dar Alarkan approves contracts, financial performance
Riyadh – Mubasher: The ordinary general assembly of Dar Alarkan Real Estate Development Company, which was held on 23 June 2026, ratified several key resolutions, including the appointment of a new external auditor. The shareholders also approved …
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24 June 09:24 AM Umm Al Qura’s Masar Destination permitted non-Saudi real estate ownership
Riyadh – Mubasher: Umm Al Qura for Development and Construction Company, a major developer in the Saudi real estate sector, announced that its flagship Masar Destination project in Makkah has been officially designated as a zone where non-Saudi …
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23 June 01:57 PM ASG Plastic inks land lease agreement with MODON
Riyadh - Mubasher: ASG Plastic Factory Company has signed an industrial land lease contract with the Saudi Authority for Industrial Cities and Technology Zones (MODON) for a 100,377 square meter (m²) plot in Sudair Industrial and Business City. …
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23 June 12:20 PM Yaqeen Capital launches SAR 600m hotel fund in Madinah
Riyadh - Mubasher: Yaqeen Capital Company has launched and commenced operations of the Yaqeen Madinah Hotel Fund, according to a bourse filing. The fund is a private, Shariah-compliant, closed-ended real estate development vehicle with a target …
Osool & Bakheet Investment Company
22 June 03:31 PM Osool & Bakheet launches SAR 713m real estate private equity fund
Riyadh – Mubasher: Osool & Bakheet Investment Company has officially announced the launch and commencement of operations for the Osool & Bakheet Ashad Al Hamra Hotel Development Fund. The closed-ended private real estate investment fund carries a …
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22 June 09:38 AM Sumou Real Estate receives off-plan sales license for Al Dahiya Residence project
Riyadh - Mubasher: Sumou Real Estate Company has announced a significant regulatory milestone regarding the Al Dahiya Residence project in Makkah Al Mukarramah. In a disclosure to the Saudi Exchange (Tadawul), the company confirmed it has …
Alistithmar for Financial Securities and Brokerage Company (Alistithmar Capital)
21 June 05:48 PM Alistithmar Capital secures SAR 17.5m guarantee for asset
Riyadh – Mubasher: Alistithmar for Financial Securities and Brokerage Company, known as Alistithmar Capital, has announced the signing of a significant commercial guarantee agreement aimed at stabilizing the financial performance of the …
S&P Global
21 June 04:39 PM S&P Global assigns ‘A-’ rating for Riyadh Development; outlook stable
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 …
Project by Jabal Omar Development Company
21 June 02:46 PM Jabal Omar secures SAR 2bn funding from SNB
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 …
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21 June 08:25 AM Umm Al Qura finalizes SAR 240m sale deals
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, …
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18 June 11:13 PM Makkah Construction forms Audit Committee for upcoming board term
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 …
Knowledge Economic City
18 June 05:16 PM Knowledge Economic City secures SAR 150m financing from Riyad Bank
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 …
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15 June 08:42 PM Adeer Real Estate secures exclusive mandate for 47-Story Tower in Makkah
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 …
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14 June 08:02 PM Alramz Real Estate to pay SAR 75m dividends, changes strategic bylaws
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 …
Madinah
14 June 02:54 PM Madinah’s real estate auctions record SAR 989m sales in 2025
Riyadh - Mubasher: Real estate auctions in Madinah generated nearly SAR 989 million in sales through 89 auctions that facilitated the sale of 384 properties during 2025, according to the Saudi Press Agency (SPA). Averaged approximately 4.3 …
Umm Al Qura for Development and Construction Company
11 June 07:08 PM Umm Al Qura for Development elects new board amid financials ratification
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 …
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10 June 08:14 PM Banan Real Estate establishes investment committee
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 …