EN-NEWS

Announcement by MEFIC Capital Regarding a Material Development of MEFIC REIT Fund (Signing a management and operation agreement with “BOUDL Hotels & Resorts Group” to manage Drnef Ajyad Hotel & Drnef Kuddai Hotel)

MEFIC Capital announces that MEFIC REIT Fund had signed a management and operation agreement to manage Drnef Ajyad Hotel & Drnef Kuddai Hotel with “BOUDL Hotels & resorts Group” the owner of the following brands: (Narcisus – Braira – Aber – Boudl Apart Hotel). The management and operation agreement extends for a period of 12 …

Announcement by MEFIC Capital Regarding a Material Development of MEFIC REIT Fund (Signing a management and operation agreement with “BOUDL Hotels & Resorts Group” to manage Drnef Ajyad Hotel & Drnef Kuddai Hotel) 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 (22/09/1444 H) corresponding to (13/04/2023 G.). A summary of the main updated items are as follows: Effective Date of the Update to Fund’s Terms and Conditions 2023-04-13 Corresponding to …

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

Element List Explanation Introduction Middle East Financial Investment Company (MEFIC Capital)  announces an update of the terms and conditions of the MEFIC Saudi Riyal Murabaha Fund  as of (22/09/1444 H) corresponding to (13/04/2023 G.). A summary of the main updated items are as follows: Effective Date of the Update to Fund’s Terms and Conditions 2023-04-13 …

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Announcement by Middle East Financial Investment Company (MEFIC Capital) regarding an update of the terms and conditions of MEFIC SAUDI EQUITY FREESTYLE FUND

Element List Explanation Introduction Middle East Financial Investment Company (MEFIC Capital)  announces an update of the terms and conditions of the MEFIC SAUDI EQUITY FREESTYLE FUND  as of (22/09/1444 H) corresponding to (13/04/2023 G.). A summary of the main updated items are as follows: Effective Date of the Update to Fund’s Terms and Conditions 2023-04-13 …

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Announcement by MEFIC CAPITAL regarding a change of the membership of the board of directors of MEFIC SAR Murabaha Fund

MEFIC CAPITAL announces a change in the membership of the board of directors of MEFIC SAR Murabaha Fund due to (resignation) of board member Mr Abdulrahim Abdullah Al Tuwaijri (Membership category: independent) from (10/04/2023)), corresponding to (19/09/1444) The formation of the board of directors, after the change, shall be: (Ibrahim Abdullah Al Hedaithy) (Membership status: …

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Announcement by MEFIC CAPITAL regarding a change of the membership of the board of directors of MEFIC Saudi Freestyle Equity Fund.

MEFIC CAPITAL announces a change in the membership of the board of directors of MEFIC Saudi Freestyle Equity Fund due to (resignation( of board member Mr. Abdulrahim Abdullah Al Tuwaijri (Membership category: independent (from (10/04/2023), corresponding to (19/09/1444) The formation of the board of directors, after the change, shall be: (Ibrahim Abdullah Al Hedaithy) (Membership …

Announcement by MEFIC CAPITAL regarding a change of the membership of the board of directors of MEFIC Saudi Freestyle Equity Fund. Read More »

Announcement by MEFIC CAPITAL regarding a change of the membership of the board of directors of MEFIC REIT

MEFIC CAPITAL announces a change in the membership of the board of directors of MEFIC REIT due to)resignation (of board member Mr.  Abdulrahim Abdullah Al Tuwaijri (Membership category: independent) from (10/04/2023), corresponding to (19/09/1444). The formation of the board of directors, after the change, shall be: (Ibrahim Abdullah Al Hedaithy) (Membership status: dependent).