Announcement by MEFIC Capital regarding the operation of Drnef Ajyad Hotel and Drnef Kuddai Hotel and its impact on the fund’s dividend distribution

Element ListExplanation
Announcement DetailMEFIC Capital announces an important update regarding the operation of Drnef Ajyad Hotel and Drnef Kuddai Hotel located in Makkah and its impact on the fund’s dividend distribution. Work is in the final stages for renovating and refurbishing the hotels owned by the fund, to align with the identity and standards of the operator, “Boudl Hotels & Resorts”. All renovation and furnishing activities have been carried out from the fund’s own financial resources, and the fund has not incurred any additional financing for this. The hotels are expected to be operational during the fourth quarter of 2023, which will positively impact the fund’s liquidity and resume cash dividend distributions starting from the second half of 2023.
MEFIC Capital News

Announcement by Middle East Financial Investment Company (MEFIC Capital)

Announcement by Middle East Financial Investment Company (MEFIC Capital) for providing the public with the interim financial statements of MEFIC Capital Murabaha Fund Class (C) for the period ending on 30-06-2026 are available to the public.

August 11, 2026

Announcement by Middle East Financial Investment Company (MEFIC Capital)

Announcement by Middle East Financial Investment Company (MEFIC Capital) for providing the public with the interim financial statements of MEFIC Capital Murabaha Fund Class (B) for the period ending on 30-06-2026 are available to the public.

August 11, 2026

Announcement by Middle East Financial Investment Company (MEFIC Capital)

Announcement by Middle East Financial Investment Company (MEFIC Capital) for providing the public with the interim financial statements of MEFIC Capital Murabaha Fund Class (A) for the period ending on 30-06-2026 are available to the public.

August 11, 2026

Announcement by Middle East Financial Investment Company (MEFIC Capital)

Announcement by Middle East Financial Investment Company (MEFIC Capital) for providing the public with the interim financial statements of MEFIC Saudi Riyal Murabaha Fund for the period ending on 30-06-2026 are available to the public.

August 11, 2026

Announcement by Middle East Financial Investment Company (MEFIC Capital)

Announcement by Middle East Financial Investment Company (MEFIC Capital) for providing the public with the interim financial statements of MEFIC Saudi Freestyle Equity Fund for the period ending on 30-06-2026 are available to the public.

August 11, 2026

Announcement by MEFIC Capital

Announcement by MEFIC Capital for providing the public with the interim financial statements of MEFIC REIT Fund ’s for the period ending on (30-06-2026) are available to the public

August 11, 2026

Announcement by Middle East Financial Investment Company

Announcement by Middle East Financial Investment Company regarding an update of the terms and conditions of MEFIC REIT Fund.

August 10, 2026

Announcement by Middle East Financial Investment Company (MEFIC Capital)

Announcement by Middle East Financial Investment Company (MEFIC Capital) for the availability of the Quarterly statement of MEFIC Saudi Riyal Murabaha Fund for the period ending on 30-06-2026.

July 14, 2026

Announcement by Middle East Financial Investment Company (MEFIC Capital)

Announcement by Middle East Financial Investment Company (MEFIC Capital) for the availability of the Quarterly statement of MEFIC Capital Murabaha Fund Class A for the period ending on 30-06-2026.

July 14, 2026

If you have any questions or require further assistance, contact us today.

Contact Us
error: Content is protected !!
This site is registered on wpml.org as a development site. Switch to a production site key to remove this banner.