The eighty-ninth installment included 9.8 million beneficiaries and an average family support of SR 1,474.
Al-Qwaiz: Older real estate funds represent the first link of financing and are diversified between residential and commercial development, and the listed sector exceeds 182 billion riyals.
Portfolios have shifted towards agricultural investment driven by supply diversification, affordable prices, bank financing, and support for food security goals.
The agreement boosts funding for 12 development funds and brings the total facilities to SAR 13.5 billion.
Partners' contributions recorded about 2.8 billion riyals, documenting 13.2 thousand endowments and assessing 3 thousand endowments for money laundering risks.
The CMA granted 46 fintech licenses and 25 new licenses, and debt instruments rose 20% to 663.5 billion riyals.
SAR 745 mn real estate fund launched by Emirates NBD Capital and Afaq to build 960 residential units and 65 commercial.
Strategic partnership with Invest Industrial Group to attract global capital and localize advanced industries in line with Saudi Vision 2030
Accounting for 33.4% of total REIT assets at the end of the first quarter, with three funds registered with no borrowing.
0.8% down slightly and 5 funds declare quarterly dividends
The payment includes 9.8 million beneficiaries with an average subsidy of 1473 riyals, and the total payments since the launch amounted to 235 billion riyals.
Total cash distributions of SAR 902.2 million and growth of listed REIT assets to about SAR 30 billion by the end of 2024
Diversifying real estate assets generates sustainable returns, reduces risk, and provides collective investment opportunities for investors with medium budgets.
The beneficiaries demanded the adoption of a salary-like disbursement mechanism, and the fund deposited 1.11 billion riyals in December.
Messi chairs the board of directors of the company, which owns hotels and properties in Spain and Andorra, with a share price of 57.4 euros.