EN-NEWS

Middle East Financial Investment Company announces that the interim financial statements of MEFIC Real Estate Income Fund for the period ending on 18/03/2021 are available to the public. The following is the summary of the interim financial results of the period: – Net assets on the end of period of 103,716,393 SAR.– Total expenses and …

Announcement by MEFIC Capital for providing the public with the interim financial statements of MEFIC Real Estate Income Fund for the period ending on 18 March 2021 Read More »

MEFIC Capital announces that the semi-annual evaluation reports of the assets of MEFIC REIT Fund for the period ending on 30/06/2021 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 attachments https://mefic.com.sa/ar/vr/

MEFIC Capital announces the availability of MEFIC REIT Fund second quarterly report in 2021 for the period ending on 30 June 2021. To view the report, please open the below link: https://bit.ly/3imNDwn

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 a notifiable change about MEFIC SAR Murabaha Fund, such change will become effective on 18/12/1442H corresponding to 28/07/2021G. Details of the notifiable change pertain to the change of fund auditors and auditors fees. The terms and conditions can also be viewed through the following link:https://bit.ly/3xl7VfX

MEFIC Capital announces a notifiable change about MEFIC Saudi Freestyle equity Fund, such change will become effective on 18/12/1442H corresponding to 28/07/2021G. Details of the notifiable change pertain to the change of fund auditors and auditors fees. The terms and conditions can also be viewed through the following link:https://bit.ly/3AscSFH

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). 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). 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 availability of MEFIC REIT Fund Annual report for the year 2020. To view the report, please visit the below link or open the attached file https://bit.ly/3sGG07H