First Avenue Launches Tanmiya Land Development Program in Riyadh

FIRST AVENUE +1.78%

FIRST AVENUE

9610.SA

5.72

+1.78%

First Avenue for Real Estate Development Co. issued an addendum announcement on October 7, 2025, regarding its "Tanmiya" program for partnership with white land owners in Riyadh. The program was launched on September 3, 2025, as previously announced on the Saudi Exchange (Tadawul) website. The company confirmed it will disclose any material developments related to the program in accordance with regulatory requirements, noting there are no changes to the program and no financial impact to report.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=90565&anCat=1&cs=9610&locale=ar

Important Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.

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