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 400,000,000 riyals with Saudi Awwal Bank for a tenure of seven years. This facility will be utilized to repay the existing facilities of the fund, which total 347,500,000, due to the imminent expiration of the previous agreement with Riyad Bank. |
The Impact Caused by the Event | The Fund Manager aims to reduce the cost of debt and extend the duration of the financing facilities and anticipates a positive impact from the agreement. |
Announcement by MEFIC Capital
MEFIC Capital Announces a Material Development to MEFIC REIT Fund
MEFIC Capital News
Announcement by Middle East Financial Investment Company "MEFIC Capital"
for providing the public with the interim financial statements of MEFIC SAUDI EQUITY FREESTYLE FUND ’s for the period ending on ( 2025-06-30 ) are available to the public
August 11, 2025
Announcement by Middle East Financial Investment Company "MEFIC Capital"
for providing the public with the interim financial statements of MEFIC Saudi Riyal Murabaha Fund’s for the period ending on ( 2025-06-30 ) are available to the public
August 11, 2025
Announcement by MEFIC Capital
for providing the public with the interim financial statements of MEFIC REIT Fund ’s for the period ending on (30-06-2025) are available to the public
August 11, 2025
MEFIC Capital Announces
the Occurrence of a Specific Event to MEFIC REIT Fund
July 27, 2025
MEFIC Capital’s Private Equity Funds
Complete Successful Partial Exit from Sports Club Company via Tadawul Initial Public Offering
July 23, 2025
Announcement by MEFIC Capital
for the availability of the semi-annual reports of the assets of MEFIC REIT Fund for the period ending on 30/06/2025
July 16, 2025
Announcement by MEFIC Capital
the availability of the Quarterly statement of MEFIC REIT Fund for the period ending on 30-06-2025.
July 14, 2025
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 30-06-2025
July 14, 2025
Announcement by Middle East Financial Investment Company (MEFIC Capital)
for the Availability of the quarterly statement of MEFIC Saudi Riyal Murabaha Fund for the period ending on 30-06-2025:
July 14, 2025
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