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 Middle East Financial Investment Company (MEFIC)
Announcement by Middle East Financial Investment Company (MEFIC) that MEFIC REIT Fund’s annual report, including the annual audited financial statements for the period ended on (31-12-2025G), are available to the public.
March 31, 2026
Announcement by Middle East Financial Investment Company (MEFIC Capital)
Announcement by Middle East Financial Investment Company (MEFIC Capital) that MEFIC Saudi Riyal Murabaha Fund’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2025 are available to the public
March 31, 2026
Announcement by Middle East Financial Investment Company (MEFIC Capital)
Announcement by Middle East Financial Investment Company (MEFIC Capital) that MEFIC SAUDI EQUITY FREESTYLE FUND’s annual reports, including the annual audited financial statements, for the period ended on 31/12/2025 are available to the public
March 31, 2026
Announcement by 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
March 31, 2026
Middle East Financial Investment Company (MEFIC Capital)
Middle East Financial Investment Company (MEFIC Capital) Announces a Change in the membership of the Board of Directors of MEFIC Capital Murabaha Fund class (C)
March 30, 2026
Middle East Financial Investment Company (MEFIC Capital)
Middle East Financial Investment Company (MEFIC Capital) Announces a Change in the membership of the Board of Directors of MEFIC Capital Murabaha Fund class (B)
March 30, 2026
Middle East Financial Investment Company (MEFIC Capital)
Middle East Financial Investment Company (MEFIC Capital) Announces a Change in the membership of the Board of Directors of MEFIC Capital Murabaha Fund
March 30, 2026
Middle East Financial Investment Company (MEFIC Capital)
Middle East Financial Investment Company (MEFIC Capital) Announces a Change in the membership of the Board of Directors of MEFIC Saudi Freestyle Equity Fund
March 30, 2026
Middle East Financial Investment Company (MEFIC Capital)
Middle East Financial Investment Company (MEFIC Capital) Announces a Change in the membership of the Board of Directors of MEFIC Capital Murabaha Fund class (A)
March 30, 2026
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