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Banan Real Estate Co. Announces its subsidiary, Emaar Al Waseel Al Mutamayza Company, the Purchasing of Land in the amount of 43,428,844 Saudi Riyals.

Element List Explanation Introduction Banan Real Estate Company is pleased to announce that its subsidiary, Emaar Al-Wasil Al-Motamayezah Company, has acquired a plot of land in the Al-Qirawan District in Riyadh. Transaction Details Banan Real Estate Company is pleased to announce that its subsidiary, Emaar Al Waseel Al Mutamayza Company, has purchased land plot number…

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Banan Real Estate Co. announces its Interim Financial results for the Period Ending on 2026-06-30 ( Six Months )

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales/Revenue 18,377,721 17,707,343 3.785 18,710,910 -1.78 Gross Profit (Loss) 15,051,757 14,604,047 3.065 15,483,172 -2.786 Operational Profit (Loss) 13,450,019 14,386,415 -6.508 12,956,540 3.808 Net Profit (Loss) Attributable to Shareholders of the Issuer 8,834,515 8,169,421 8.141 12,413,112 -28.829 Total Comprehensive Income Attributable to…

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Banan Real Estate Co. Announces an update regarding Banan Real Estate Co. Announces the Board of Directors’ Approval to Establish a Subsidiary

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

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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Banan Real Estate Company announces the signing of a contract with Afaq Al Qimma Al Rabiaa Al Mutatawera Company, which is affiliated with the fourth Artal Real Estate Fund managed by Artal Financial, to develop a hotel building in Al Rahmaniya neighborhood.

Element List Explanation Introduction Banan Real Estate Company announces the signing of a contract with Afaq Al Qimma Al Rabiaa Al Mutatawera Company, which is affiliated with the fourth Artal Real Estate Fund managed by Artal Financial, to develop a hotel building in Al Rahmaniya neighborhood. Date of Announcement of the Award 2026-07-02 Corresponding to…

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Banan Real Estate Co. Announces the formation of the Investment Committee.

Element List Explanation Announcement Detail Banan Real Estate Company announces the formation of the Investment Committee, in accordance with the Board of Directors’ resolution dated 08-06-2026 corresponding to 22-12-1447AH, which outlined the committee’s responsibilities and term of office. The committee is composed of the following individuals:1. Mr. Abdulmohsen Abdulaziz Al-Hakbani (Committee Chairman)2. Mr. Khalid Hamad…

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Banan Real Estate Company announces that its subsidiary, Qimam Noshoz Real Estate Development Company, has obtained Sharia-compliant credit facilities.

Element List Explanation Introduction Banan Real Estate Company announces that its subsidiary, Qimam Noshoz for realestate Development Company, has signed a credit facility agreement with Riyad Bank, in compliance with Sharia regulations. Date of obtaining the funding 2026-06-01 Corresponding to 1447-12-15 Financing entity Riyad Bank Financing amount. 84 Million Saudi Riyals Financing duration. – 49…

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Banan Real Estate Co. Announces the Results of the Extraordinary General Assembly Meeting (First Meeting)

Element List Explanation Introduction Banan Real Estate Company is pleased to announce the results of the Extraordinary General Assembly Meeting (First Meeting) held on 26/11/1447AH corresponding to 13/05/2026, at 7:30 PM, on Wednesday, via modern technology after the legal quorum for the validity of the meeting was completed. City and Location of the General Assembly’s…

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Banan Real Estate Co. announces the board of director’s decision to distribute cash dividends for Second half of the fiscal year 2025

Element List Explanation Introduction Banan Real Estate Co. announces the board of director’s decision to distribute cash dividends for second half of the fiscal year 2025. Date of the board’s decision 2026-05-10 Corresponding to 1447-11-23 The Total amount distributed 7,000,000 Number of Shares Eligible for Dividends 200,000,000 Dividend per share 0.035 Percentage of Dividend to…

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Banan Real Estate Co. announces its Interim Financial results for the Period Ending on 2026-03-31 ( Three Months )

Element List Current Quarter Similar quarter for previous year %Change Previous Quarter % Change Sales/Revenue 18,710,910 18,031,761 3.766 19,527,483 -4.181 Gross Profit (Loss) 15,483,172 15,249,227 1.534 16,223,411 -4.562 Operational Profit (Loss) 12,956,540 13,257,671 -2.271 9,170,204 41.289 Net Profit (Loss) Attributable to Shareholders of the Issuer 12,413,112 9,997,824 24.158 7,535,265 64.733 Total Comprehensive Income Attributable to…

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