EN-NEWS

Announcement by Middle East Financial Investment Company (MEFIC Capital) for providing the public with the interim financial statements of MEFIC SAUDI Freestyle Equity FUND’s for the period ended on ( 2024-06-30 ) are available to the public

Middle East Financial Investment Company (MEFIC Capital). Announces that the interim financial statements of MEFIC Saudi Freestyle Equity, for the period ended on 30/06/2024 G. The following is the summary of the interim financial results of the period: Element List Explanation Net Assets 4,995,956 SAR Total Expenses and Fees 67,152.18 SAR Net Profit/(Loss) 136,725 SAR …

Announcement by Middle East Financial Investment Company (MEFIC Capital) for providing the public with the interim financial statements of MEFIC SAUDI Freestyle Equity FUND’s for the period ended on ( 2024-06-30 ) are available to the public Read More »

Announcement by Middle East Financial Investment Company (MEFIC Capital) for providing the public with the interim financial statements of MEFIC SAR Murabaha Fund’s for the period ending on ( 2024-06-30 ) are available to the public.

Middle East Financial Investment Company (MEFIC Capital) announces that the interim financial statements of MEFIC SAR Murabaha for the period ending on 30/06/2024 G. The following is the summary of the interim financial results of the period: Element List Explanation Net Assets 66,412,670 SAR Total Expenses and Fees 201,410 SAR Net Profit/(Loss) 2,108,135 SAR Number …

Announcement by Middle East Financial Investment Company (MEFIC Capital) for providing the public with the interim financial statements of MEFIC SAR Murabaha Fund’s for the period ending on ( 2024-06-30 ) are available to the public. Read More »

MEFIC Capital Announces a Material Development to MEFIC REIT Fund

Element List Explanation Description of the Event MEFIC Capital, in its role as the Fund Manager for MEFIC REIT, announces that the Fund has entered into a Shariah-compliant financing facility agreements. The fund manager has signed a financing facility agreement amounting to 400 million riyals with Saudi Awwal Bank for a tenure of seven years. …

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Announcement by MEFIC Capital for the availability of the semiannual reports of the assets of MEFIC REIT Fund for the period ending on 2024-06-30

MEFIC Capital announces that the semi-annual evaluation reports of the assets of MEFIC REIT Fund for the period ending on 30/06/2024, prepared by accredited valuers (two valuers) are available, according to the policy of Fund Asset Evaluation stated in the Terms and Conditions. A copy of the reports can be found in the below link: …

Announcement by MEFIC Capital for the availability of the semiannual reports of the assets of MEFIC REIT Fund for the period ending on 2024-06-30 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 (25/12/1445 H) corresponding to (01/07/2024 G.). A summary of the main updated items are as follows: Effective Date of the Update to Fund’s Terms and Conditions 2024-07-01 Corresponding to …

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Announcement by MEFIC Capital regarding Non-Fundamental changes to MEFIC REIT Fund

Element List Explanation Introduction MEFIC Capital announces the approval of the Fund’s Board of Directors of a non-fundamental change to MEFIC REIT Fund Change Effective Date 2024-07-01 Corresponding to 1445-12-25 Change Details MEFIC REIT fund signed an annex to the management and operation contract, which includes reducing the operational costs for Plaza 1 property located …

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