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Areeb Capital Secures SAR 5.8 Billion Financing Agreement with Saudi National Bank
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Areeb Capital Secures SAR 5.8 Billion Financing Agreement with Saudi National Bank

Riyadh, Saudi Arabia: Areeb Capital, a leading real estate fund management company, has announced the signing of a significant financing agreement with the Saudi National Bank (SNB) valued at SAR 5.8 billion. This agreement aims to bolster Areeb Capital’s financing capabilities for its ambitious investment projects within the Saudi real estate market. The deal marks...

Dubai Holding to Launch IPO for Its Real Estate Investment Trust Fund
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Dubai Holding to Launch IPO for Its Real Estate Investment Trust Fund

Dubai Holding has announced plans to launch an Initial Public Offering (IPO) for its Real Estate Investment Trust (REIT) fund. This Sharia-compliant REIT signifies a significant advancement from one of the largest players in Dubai’s real estate development and investment sector, which includes notable names like Nakheel, Meydan, and Meraas. The IPO will be issued...