Al Ramz Real Estate Company announced on May 31, 2026 the signing of agreements to acquire the remaining shareholder units in Al Ahli Aleen Enbar Real Estate Fund for SAR 133 million, increasing its ownership from 23% to 100%. The fund owns the "Qurtuba 2" mixed-use development project in Riyadh, located on 130,386.51 square meters and expected to comprise approximately 1,800 residential units and 250 commercial and office units. The acquisition aligns with the company's strategy to strengthen ownership in strategic projects with viable investment returns and will be financed through the company's own resources and available credit facilities. The transaction is expected to contribute positively to the company's financial performance from 2026 through 2031.

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