Saudi Contractor MMG Discloses Concerns About Company’s Future

• Monday, 21st November 2016
• by Karim Mohy

Saudi construction company Mohammad Al Mojil Group (MMG) released a statement on Sunday, concerning a letter to the Deputy Crown Prince Mohammed bin Salman (MbS), citing “Doubts over the company's ability to continue.”

Tadawul Sees Listing of First REIT

• Monday, 14th November 2016
• by Karim Mohy

The Saudi Stock Exchange (Tadawul) on Sunday held the listing ceremony for the first Real Estate Investment Traded Fund (REIT) with Riyadh REIT.

Saudi Arabia Opens Real Estate Funds to Foreign Investors

• Monday, 31st October 2016
• by Karim Mohy

The Saudi Capital Market Authority on Sunday approved the final version of the new regulations for Real Estate Investment Traded Funds (REIT), granting approval to foreign investors to trade in REITs on the Tadawul.