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 Capital)
Announcement by Middle East Financial Investment Company (MEFIC Capital) the availability of the Quarterly statementof MEFIC Capital Murabaha Fund Class C for the period ending on 31-03-2026
April 14, 2026
Announcement by Middle East Financial Investment Company (MEFIC Capital)
Announcement by Middle East Financial Investment Company (MEFIC Capital) the availability of the Quarterly statementof MEFIC Capital Murabaha Fund Class B for the period ending on 31-03-2026
April 14, 2026
Announcement by Middle East Financial Investment Company (MEFIC Capital)
Announcement by Middle East Financial Investment Company (MEFIC Capital) the availability of the Quarterly statementof MEFIC Capital Murabaha Fund Class A for the period ending on 31-03-2026
April 14, 2026
Announcement by Middle East Financial Investment Company (MEFIC Capital)
Announcement by Middle East Financial Investment Company (MEFIC Capital) the availability of the Quarterly statement of MEFIC Saudi Riyal Murabaha Fund for the period ending on 31-03-2026
April 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 31-03-2026.
April 14, 2026
Announcement by MEFIC Capital
Announcement by MEFIC Capital the availability of the Quarterly statement of MEFIC REIT Fund for the period ending on 31-03-2026G
April 14, 2026
Supplementary announcement from Middle East Financial Investment Company (MEFIC Capital)
Supplementary announcement from Middle East Financial Investment Company (MEFIC Capital) regarding the announcement of the availability of the annual report of MEFIC REIT Fund, including the audited annual financial statements for the fiscal year ending on 31-12-2025G, to the public
April 5, 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 Saudi Riyal Murabaha Fund
April 1, 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 Saudi Freestyle Equity Fund
April 1, 2026
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