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15/10/2017 10:32 AST
Riyad REIT announces that on 12/10/2017 the fund signed a sale and purchase agreement with the Higher Education Fund to acquire the building of Saudi Electronic University located in Ar Rabi district at the intersection of Abi Bakr As Siddiq Road and Prince Saud Bin Mohammed Bin Muqrin Road in the north of Riyadh. The property totals 17,000 sqm of net leasable area and is situated on a 14,000 sqm land plot. The property is fully leased by the Ministry of Education for Saudi Electronic University with yearly net income of 12 million Saudi Riyals which will start immediately from transferring ownership. The fund will acquire the property for 137.65 million Saudi Riyals and will be financed through the fund capital increase announced on 22/5/2017.
Tadawul
28/01/2018
Saudi Basic Industries Corp (SABIC) said on Sunday it took a 350 million riyals ($93.34 million) impairment on its steel unit, Hadeed, in the fourth quarter and still sees challenges in the steel mar
Reuters
28/01/2018
Riyad Bank, one of the largest financial institutions in Saudi Arabia, said its investment banking arm is set to distribute dividends worth SR15 million ($4 million) to the unitholders of its real es
Trade Arabia
14/11/2017
Riyad REIT Fund announces Capital Market Authority approval on 12/11/2017 for changes to the Board of Directors effective on the 12th of November 2017. The changes will be as the following:
Tadawul
| Ticker | Price | Volume |
|---|---|---|
| TRAFCO | 0.29 | 0 |
| MAADANIYAH | 18.00 | 151,342 |
| JAZADCO | 13.40 | 253,503 |
| EMIRATES | 58.80 | 0 |
| SAUDIKAYAN | 6.74 | 2,338,843 |
| ASG | 0.00 | 0 |
| ALNAQOOL | 33.00 | 1,463 |
| Ticker | Price | Change |
|---|---|---|
| ALRAJHIREIT | 8.49 | 0.05 (0.59 |
| JADWAREITSAUDI | 10.08 | -0.10 (-0.99 |
| ALWAHAREIT | 11.68 | 0.00 (0.00 |
| BONYANREIT | 9.59 | -0.04 (-0.42 |
| SEDCOCAPITALREIT | 8.25 | -0.08 (-0.97 |
14/09/2024
RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <
Saudi Gazette
12/09/2024
Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces
Arab News
04/05/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor's (S&P) has affirmed QIB's Issuer Credit Rating at A-, Qatar's leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB's rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
Financial Information Co.
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