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August 2, 2026

Banan Real Estate Co. Announces an update regarding Banan Real Estate Co. Announces the Board of Directors’ Approval to Establish a Subsidiary
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Element List Explanation Introduction Further to Banan Real Estate Company’s announcement published on the Tadawul website on 05/02/1448 AH corresponding 19/07/2026, Banan Real Estate Company announces the approval of its Board of Directors to establish a subsidiary company. The company was established under the name Emaar Al Waseel Al Mutamayza co, and issued share capital…

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Banan Real Estate Co. Announces the Board of Directors’ Approval to Establish a Subsidiary
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Element List Explanation Announcement Detail Banan Real Estate Company announces that its Board of Directors, in its decision dated 16/07/2026, approved the establishment of a simplified joint-stock company with a capital of 44,075,000 SAR. Banan Real Estate Co, will hold a 60.47% share capital in the company, while the remaining shares will be held by…

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