Announces a material development to MEFIC Real Estate Income Fund

Announcement by Middle East Financial Investment Company (MEFIC Capital) Announces a material development to MEFIC Real Estate Income Fund

Element List	Explanation
Description of the Event	Referring to the announcement published by MEFIC Capital the fund manager of MEFIC Real Estate Income Fund on August 31, 2020 regarding the acquisition of the fund’s owned asset by The Diriyah Gate ‍Development Authority, the fund announces that it has received the financial compensation from the Diriyah Gate Development Authority in exchange for the acquired asset. The fund manager is currently working on finalizing the audited financial statements of the fund, taking into account this material event and the legal matters with the previous compound owner, and will describe them in the upcoming audited financial statements.
The Impact Caused by the Event	This event has a positive impact on the liquidity of the Fund and approaching date of fund liquidation

Element List

Explanation

Description of the Event

Referring to the announcement published by MEFIC Capital the fund manager of MEFIC Real Estate Income Fund on August 31, 2020 regarding the acquisition of the fund’s owned asset by The Diriyah Gate ‍Development Authority, the fund announces that it has received the financial compensation from the Diriyah Gate Development Authority in exchange for the acquired asset.

The fund manager is currently working on finalizing the audited financial statements of the fund, taking into account this material event and the legal matters with the previous compound owner, and will describe them in the upcoming audited financial statements.

The Impact Caused by the Event

This event has a positive impact on the liquidity of the Fund and approaching date of fund liquidation

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MEFIC Capital News

MEFIC Capital News

Announcement by Middle East Financial Investment Company (MEFIC Capital) Announces a material development to MEFIC Real Estate Income Fund

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MEFIC Capital Signs an Agreement with Russell Investments as Its Exclusive Technical Advisor

The availability of the Quarterly statement of MEFIC Saudi Equity Freestyle Fund for the period ending on 2025-03-31

The availability of the Quarterly statement of MEFIC Saudi Riyal Murabaha Fund for the period ending on 2025-03-31

The availability of the Quarterly statement of MEFIC REIT Fund for the period ending on 2025-03-31

that MEFIC SAUDI EQUITY FREESTYLE FUND ’s annual reports, including the annual audited financial statements, for the period ended on ( 2024-12-31 ) are available to the public.

That MEFIC Saudi Riyal Murabaha Fund’s annual reports, including the annual audited financial statements, for the period ended on ( 2024-12-31 ) are available to the public.

That MEFIC REIT Fund’s annual report, including the annual audited financial statements for the period ended on (2024-12-31), are available to the public.

for the availability of the semi-annual reports of the assets of MEFIC REIT Fund for the period ending on 31/12/2024

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Let’s Discuss Opportunities