MEFIC Capital News | Element List | Explanation |
|---|---|
| Introduction | The Middle East Financial Investment Company (MEFIC Capital) has announced a significant development regarding the MEFIC REIT. The fund has signed a swap agreement concerning the “The Pad” property located in Dubai on 20/04/1446 AH (23/10/2024 AD), valued at AED 62,600,000. |
| Description of the Event | This agreement involves reinvesting in the ownership of Downtown Bay Developments Limited, allowing the fund to acquire preferred shares in the aforementioned company, which operates in the real estate development sector. The book value of “The Pad” property was 58,440,661 as of 30/06/2024.The fund manager will publish all the details upon completing the agreement. |
| The Impact Caused by the Event | The fund manager anticipates a positive impact on the fund’s performance and financial statements as a result of this agreement. |
The Middle East Financial Investment Company (MEFIC Capital)
The Middle East Financial Investment Company (MEFIC Capital) has announced a significant development regarding the MEFIC REIT
MEFIC Capital News
Announcement by MEFIC Capital
Announcement by MEFIC Capital the availability of the Quarterly statement of MEFIC SAR Murabaha Fund for the period ending on 31-12-2025.
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Announcement by MEFIC Capital
Announcement by MEFIC Capital the availability of the Quarterly statement of MEFIC Capital Murabaha Fund Class C for the period ending on 31-12-2025
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Announcement by MEFIC Capital
Announcement by MEFIC Capital the availability of the Quarterly statement of MEFIC Capital Murabaha Fund Class B for the period ending on 31-12-2025
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Announcement by MEFIC Capital
Announcement by MEFIC Capital the availability of the Quarterly statement of MEFIC Capital Murabaha Fund Class A for the period ending on 31-12-2025.
January 14, 2026
Announcement by MEFIC Capital
Announcement by MEFIC Capital the availability of the Quarterly statement of MEFIC Saudi Freestyle Equity Fund for the period ending on 31-12-2025.
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Announcement by MEFIC Capital
Announcement by MEFIC Capital the availability of the Quarterly statement of MEFIC REIT Fund for the period ending on 31-12-2025.
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Middle East Financial Investment Company (MEFIC Capital)
Announcement by Middle East Financial Investment Company (MEFIC Capital) call for a meeting of the Fund’s unitholders of MEFIC Capital Murabaha Fund and MEFIC Saudi Riyal Murabaha Fund.
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Addendum Announcement by Middle East Financial Investment Company (MEFIC Capital)
Addendum Announcement by Middle East Financial Investment Company (MEFIC Capital) Regarding the Announcement of Entering into Three Conditional Memoranda of Understanding
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Middle East Financial Investment Company (MEFIC Capital)
Announcement by Middle East Financial Investment Company (MEFIC Capital) regarding an update of the terms and conditions of MEFIC REIT Fund
December 25, 2025
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