EN-NEWS

Announcement by Middle East Financial Investment Company (MEFIC Capital) for the Availability of the quarterly statement of MEFIC SAUDI EQUITY FREESTYLE FUND for the period ending on 2024-03-31.

Middle East Financial Investment Company (MEFIC Capital) announces that the quarterly statement of MEFIC SAUDI EQUITY FREESTYLE FUND for the period ending on 2024-03-31. A copy of the quarterly statement can be found in the attachments. Saudi Freestyle Equity Fund Q1- 2024 – ENG

Announcement by Middle East Financial Investment Company (MEFIC Capital) that MEFIC SAR Murabaha Fund’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2023 are available to the public.

Middle East Financial Investment Company (MEFIC Capital). Announces that MEFIC SAR Murabaha Fund’s Annual results. Including the annual audited financial statements, for the period ended on 31/12/2023G. Net Asset Value at the end of the period:  95,183,653SAR. Total Expenses and Fees for the period: 0 SAR. Net profit (loss) for the period: 183,653 SAR. Number …

Announcement by Middle East Financial Investment Company (MEFIC Capital) that MEFIC SAR Murabaha Fund’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2023 are available to the public. Read More »

Announcement by Middle East Financial Investment Company (MEFIC Capital) that MEFIC Saudi Freestyle Fund’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2023 are available to the public.

Middle East Financial Investment Company (MEFIC Capital) Announces that MEFIC Saudi Freestyle Equity Fund’s Annual report, Including the annual audited financial statements, for the period ended on 31/12/2023G. Net Asset on the end of the period of: 5,026,926 SAR. Total Expenses and Fees for the Year: 124,739 SAR. Net Profit (loss) for the Year: 1,311,076 …

Announcement by Middle East Financial Investment Company (MEFIC Capital) that MEFIC Saudi Freestyle Fund’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2023 are available to the public. Read More »

MEFIC Capital Announces the Availability of the Annual Financial Report of MEFIC REIT Fund for the Financial Year Ending on (31-12-2023) to the Public

Element List Explanation Introduction MEFIC Capital Company Announces the Availability of the Annual Financial Report of MEFIC REIT Fund for the Financial Year Ending on 31 December 2023 to the Public. The following is a summary of the results for the Year Ending on 31 December 2023: Net Assets 513,157,547 SAR Total Expenses and Fees …

MEFIC Capital Announces the Availability of the Annual Financial Report of MEFIC REIT Fund for the Financial Year Ending on (31-12-2023) to the Public Read More »

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

Element List Explanation Introduction Middle East Financial Investment Company (MEFIC Capital) announces an update of the terms and conditions of the MEFIC REIT Fund as of (20/08/1445 H) corresponding to (1/03/2024 G.). A summary of the main updated items are as follows: Effective Date of the Update to Fund’s Terms and Conditions 2024-03-01 Summary of …

Announcement by Middle East Financial Investment Company (MEFIC Capital) regarding an update of the terms and conditions of MEFIC REIT Fund. Read More »

The Middle East Financial Investment Company (MEFIC Capital) announces a fundamental development on (MEFIC REIT Fund) regarding the issuance of licenses from the Ministry of Hajj and Umrah, enabling the provision of accommodation services for pilgrims at the Drnef Ajyad hotel and Drnef Kudai hotel in Mecca.

Element List Explanation Announcement Detail The Middle East Financial Investment Company “MEFIC Capital” the fund manager of MEFIC REIT Fund announces the issuance of licenses for the Drnef Ajyad hotel and Drnef Kudai hotel in Mecca for the Hajj accommodation for the year 1445 H. The hotels have a total capacity of 310 hotel rooms, …

The Middle East Financial Investment Company (MEFIC Capital) announces a fundamental development on (MEFIC REIT Fund) regarding the issuance of licenses from the Ministry of Hajj and Umrah, enabling the provision of accommodation services for pilgrims at the Drnef Ajyad hotel and Drnef Kudai hotel in Mecca. Read More »

Announcement by MEFIC Capital Regarding a Non-Material changes of MEFIC REIT Fund (Signing a management and operation agreement with “Value Expert” to manage and operate Dhiyafa property)

Element List Explanation Description of the Event MEFIC Capital announces that the board of directors of the fund has approved a non-material changes in MEFIC REIT Fund, and the changes will be effective from (1445/08/20 H) (2024/03/01).   MEFIC REIT fund has signed a management and operation agreement to manage and operate Dhiyafa property with …

Announcement by MEFIC Capital Regarding a Non-Material changes of MEFIC REIT Fund (Signing a management and operation agreement with “Value Expert” to manage and operate Dhiyafa property) Read More »

Announcement by MEFIC Capital regarding the Distributions of funds dividends to Unitholders of MEFIC REIT Fund

Element List Explanation Introduction MEFIC Capital announces the distribution of cash dividends to the Unitholders of MEFIC REIT Fund for the period from 01 January 2023 to 31 December 2023 as follows: Dividends maturity period 01 January 2023 to 31 December 2023 Total distributed dividends 5,862,144 SAR Number of Outstanding Units on which Cash Distributions …

Announcement by MEFIC Capital regarding the Distributions of funds dividends to Unitholders of MEFIC REIT Fund Read More »