On July 1, 2026, Alramz Real Estate announced the signing of an agreement with Oud Capital to establish a Shariah-compliant real estate investment fund exceeding SAR 1 billion in target size. The fund will develop residential projects spanning 70,516 square meters with over 800 residential units, with a development contract value of approximately SAR 391 million. Alramz will receive development fees of 10% (approximately SAR 39 million) plus marketing fees of 2.5% of total sales, with the project expected to complete over approximately three years. The transaction involves a related party relationship as Alramz holds a 25% stake in Oud Capital, and is expected to positively impact financial performance from 2026-2029.

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