Masar says MoU effective until Sept. 30, 2026, or until the fund is established
Umm Al Qura for Development Construction Co. (Masar) extended a non-binding memorandum of understanding (MoU) with BIM Capital and Ajbal Real Estate Development Co. (AJBAL) to establish a real estate private fund. 
The MoU was extended to Sept. 30, 2026, or until the completion of the fund’s establishment, whichever comes first.
The company said in a statement to Tadawul that there is currently no financial impact, adding that any financial or material developments related to the matter will be announced.
Masar says MoU effective until Sept. 30, 2026, or until the fund is established
Umm Al Qura for Development Construction Co. (Masar) extended a non-binding memorandum of understanding (MoU) with BIM Capital and Ajbal Real Estate Development Co. (AJBAL) to establish a real estate private fund.
The MoU was extended to Sept. 30, 2026, or until the completion of the fund’s establishment, whichever comes first.
The company said in a statement to Tadawul that there is currently no financial impact, adding that any financial or material developments related to the matter will be announced.
