Al-Inma Financial Company, in its capacity as the director of the Al-Inma REIT Hotel Fund, set November 8, 2026 as the date for the meeting of the owners of the Fund’s units to discuss the proposal to purchase 10.2 million of its units, representing 10% of the total issued units.The company explained, in a statement published on the Saudi Stock Exchange website, that the Board of Directors of the Fund believes that the current market price of the units is less than their fair value, pointing out that the purchase is aimed at keeping the purchased units as treasury units, in preparation for their use in swap operations in exchange for the acquisition of new assets, or resale in the future.Sources of financing for the procurement of the Fund unitsThe company stated that the financing…
Gulf Real Estate
MENA Real Estate Company, listed on the Kuwait Stock Exchange, confirmed that the Chairman of the Board of Directors, Khalid Al-Otaibi, sold 300 thousand shares of the company’s shares, and the sale took place on October 22, at a price of 115 fils per share, while the balance of shares after dealing 5.95 million shares, according to the company’s disclosure to the Kuwait Stock Exchange, on Sunday.The authorized, issued and paid-up capital of MENA Properties is KD 19 million, distributed over 190 million shares, with a nominal value of 100 fils per share.The company achieved a profit of 284.71 thousand dinars in the first half of the year ending at the end of September 2026, compared to 162.75 thousand dinars in the corresponding period of 2025, an annual increase of 75%.
As the opening of Cityscape Qatar 2026 nears, more than 400 live projects are set to take centre stage at the Doha Exhibition & Convention Center (DECC) from 27–29 October. The three-day exhibition will bring together more than 70 developers from Qatar and international markets, presenting a broad mix of residential and mixed-use developments. Headline Sponsors Qatari Diar Real Estate Investment Company, Qetaifan Projects and Barwa will anchor this year’s line-up, alongside Platinum Sponsor Ariane Real Estate. They will be joined by Shelter Development, United Development Company, Capstone Property, JMJ Group Holding and Mazaya, adding further breadth to the exhibition floor. Under the theme ‘Where Vision Meets Investment’, Cityscape Qatar 2026 will help…
Al Masaken International Real Estate Development Company, listed on the Kuwait Stock Exchange, has completed all the procedures related to increasing the company’s issued and paid-up capital from KD 1.10 million to KD 4 million, through the issuance of new shares of 29 million shares.Al-Masaken confirmed that the subscription period for the capital increase was closed on October 18, 2026, and the entire shares of the issuance were subscribed, and allocated to subscribers, and the value of the issuance amounted to 2.9 million dinars, representing the nominal value and without the issuance premium, according to the company’s disclosure to the Kuwait Stock Exchange, on Thursday.She explained that after the completion of the capital increase, the number of shares issued and fully…
The volume of real estate trading in the sales contracts registered with the Real Estate Registration Department at the Ministry of Justice, during the period from 11 to 15 October, amounted to 381,785,585 riyals, while the total sales contracts for the real estate bulletin for residential units during the same period amounted to 119.076,038 riyals, bringing the total volume of real estate trading during the week to 500.861 million riyals.The weekly bulletin issued by the administration indicated that the list of properties traded for sale included space land, housing, residential buildings, administrative buildings, hotel apartments, shops, offices, and residential units, according to the Qatar News Agency (QNA). The list of real estate traded for sale included space land,…
Mazaya Real Estate Development Company, listed on the Qatar Stock Exchange, has announced the launch of its new residential project "Alora" in the Jebel Thulaib area of Lusail City in Qatar, on a total area of about 11.2 thousand square meters.The company confirmed that the project includes 67 housing units, and aims to complete its completion before the end of 2028, according to the company’s disclosure to the Qatar Stock Exchange on Thursday. The project includes 67 residential units. The company aims to complete its completion before the end of 2028The company is also currently working on completing the procedures for obtaining the necessary approvals and permits from the concerned authorities in preparation for the start of the project development work, in…
The financial statements revealed a jump in the profits of "Injazat Real Estate Development Company", listed on the Kuwait Stock Exchange, in the third quarter of 2026 by 92% year-on-year, and the profits of "INJAZ" in the third quarter of this year amounted to 1.49 million dinars, compared to its level in the same period of 2025 of 775.71 thousand dinars.The company recorded a profit of 2.65 million dinars in the first nine months of 2026, an increase of 69% from 1.57 million dinars net profit for the same period last year, according to a company statement. The company’s total operating income increased by 44% annually during the third quarter to KD 2.40 millionInjazat attributed the increase in its profits in the statement to the sale of one of the properties, noting…
Esnad has signed a partnership agreement with Sakan International, which is headquartered in Kuwait and has a presence across several international markets, to support the sale and marketing of Esnad’s real estate projects in Kuwait. The partnership forms part of Esnad’s efforts to expand its marketing channels, strengthen the presence of its projects in the Kuwaiti market, and reach a wider base of clients and investors by leveraging the experience and international reach of its partner. Esnad looks forward to a productive partnership and new opportunities in the coming period.
The volume of real estate trading in sales contracts registered with the Real Estate Registration Department at the Ministry of Justice last September amounted to 1,754,432,853 riyals, according to the Qatar News Agency (QNA).The data of the Analytical Real Estate Bulletin issued by the Ministry showed the registration of 495 real estate transactions during September 2026, and the index of the number of real estate sold during the month increased by (17%), and the value of real estate transactions index increased by (36%), while the index of traded areas recorded an increase of 62%, and the municipalities of Doha, Al-Rayan and Umm Salal topped the most active trades in terms of financial value, during the past month, according to the real estate market index, followed by the sizes of the…
United Real Estate Company, listed on the Kuwait Stock Exchange, has obtained a license from the Ministry of Finance - State Property Contracts Department for the management, operation and maintenance of the waterfront property - Phase V (Marina World), for a period of 3 years starting from the date of signing.The company explained that it is obliged under the license to pay a minimum annual revenue of the property to the Ministry of Finance in exchange for benefiting, by at least 30%, in accordance with the conditions and mechanism of calculation contained in the license, according to the company’s statement to the Kuwait Stock Exchange, on Wednesday. United achieved a profit during the first half of 2026 of 3.11 million dinars compared to 4.43 million dinars in the…
Al-Arjan International Real Estate Company, listed on the Kuwait Stock Exchange, confirmed that its losses decreased by 49.32% year-on-year during the third quarter of 2026, and Arjan suffered losses in the three months ending September 30, 2026, amounting to KD 961.07 thousand, compared to losses estimated at KD 1.90 million in the third quarter of 2025.In the first nine months of this year, the company suffered losses of 9.40 million dinars, an increase of 78.38% compared to its level of 5.27 million dinars in the corresponding period last year, according to a statement by the Kuwait Stock Exchange on Wednesday. Arjan suffered 8.44 million dinars losses in the first half of 2026 compared to 3.37 million dinars losses for the corresponding period from 2025Arjan attributed…
The profits of Ajyal Properties, listed on the Kuwait Stock Exchange, decreased during the third quarter of 2026 by 4.96% year-on-year.Ajyal’s profit in the three months ending at the end of September 2026 was KD 1.91 million, compared to KD 2.01 million in the third quarter of 2025.The company also achieved, during the first nine months of 2026, profits of 5.47 million dinars, a decrease of 2.24%, compared to 5.60 million dinars in the same period of the previous year, according to a disclosure to the Kuwait Stock Exchange, on Tuesday. The company recorded profits in the first half of 2026 at 3.56 million dinars The statement attributed the decrease in net profit to the decline in the share of the results of associates, and the increase in administrative and…