On August 27, 2026, Inmar Company for Real Estate Development and Investment announced the signing of a Memorandum of Understanding with Al Rajhi Capital, dated August 26, 2026, to study the feasibility of establishing three real estate investment funds with a combined total value of SAR 1,000,000,000 (one billion Saudi Riyals). The MOU establishes a cooperation framework covering valuations, due diligence, financing procedures, and the obtainment of relevant regulatory approvals. The agreement is valid for an initial period of 120 days and will be automatically extended if work on the funds remains ongoing. No financial impact can be determined at this time as a result of the signing.

Original announcement:

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.