EN-NEWS

MEFIC Capital announces an update to the terms and conditions of MEFIC Real Estate Income Fund

MEFIC Capital announces an update to the terms and conditions of MEFIC Real Estate Income Fund staring from 01/08/2021 G corresponding to 22/12/1442 H. Changes are as follow: The appointment of new auditor “Talal Abu-Ghazaleh & Co.”  instead of BDO Audit fees change from SAR 30,000 to SAR 35,500 per annum the updated terms and …

MEFIC Capital announces an update to the terms and conditions of MEFIC Real Estate Income Fund Read More »

MEFIC Capital announces an update to the terms and conditions of MEFIC REIT

MEFIC Capital announces an update to the terms and conditions of MEFIC REIT staring from 28/07/2021 G corresponding to 18/12/1442 H. Changes are concentrated in1.the appointment of new auditor “Talal Abu-Ghazaleh & Co.” instead of BDO2.Audit fees decline from SAR 80,000 to SAR 56,500 per annum3.The appointment of “Sustainable Property” instead of OPM as a …

MEFIC Capital announces an update to the terms and conditions of MEFIC REIT Read More »

Middle East Financial Investment Company (MEFIC Capital) Announce MEFIC Saudi Freestyle Fund Annual Report including the Financial Statement for the year ending in 31/12/2020 G for audience

Middle East Financial Investment Company (MEFIC Capital). Announces MEFIC Saudi Freestyle Equity Fund Annual Reviewed results. The following is a summary of the annual financial results for the financial year ended 31 December 2020: Net Asset Value at the end of the period: 8,489,164 SAR Total Expenses and Fees for the Year: 184,498 SAR Net …

Middle East Financial Investment Company (MEFIC Capital) Announce MEFIC Saudi Freestyle Fund Annual Report including the Financial Statement for the year ending in 31/12/2020 G for audience Read More »

Middle East Financial Investment Company (MEFIC Capital) Announce MEFIC SAR Murabaha Fund Annual Report including the Financial Statement for the year ending in 31/12/2020 G for audience

Middle East Financial Investment Company (MEFIC Capital). Announces MEFIC SAR Murabaha Fund Annual Reviewed results. The following is a summary of the annual financial results for the period ending 31 December 2020: Net Asset Value at the end of the period: 12,743,000 SAR Total Expenses and Fees for the period: (51) SAR Net Income for …

Middle East Financial Investment Company (MEFIC Capital) Announce MEFIC SAR Murabaha Fund Annual Report including the Financial Statement for the year ending in 31/12/2020 G for audience Read More »

MEFIC Capital announces the distribution of cash dividends to the Unitholders of MEFIC REIT

MEFIC Capital announces the distribution of cash dividends to MEFIC REIT Fund unit holders for the period from 1 July 2020 to 31 December 2020 as follows Total cash distribution is SAR 10,991,520 The distributions will be based on 73,276,800 existing units; The distribution amount is SAR 0.15 per unit and its percentage of the …

MEFIC Capital announces the distribution of cash dividends to the Unitholders of MEFIC REIT Read More »

MEFIC Capital Announces the Availability of the Annual Financial Report of MEFIC REIT Fund for the Financial Year Ending on 31 December 2020 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 2020 to the Public. The following is a summary of the results for the Year Ending on 31 December 2020: Net Assets at the End of the Period …

MEFIC Capital Announces the Availability of the Annual Financial Report of MEFIC REIT Fund for the Financial Year Ending on 31 December 2020 to the Public Read More »