Latest news with #TheSecuritiesHouse
Zawya
24-06-2025
- Business
- Zawya
Asas Makeen, Kuwait's Securities House to boost Saudi Arabia's real estate sector
Riyadh - Asas Makeen Real Estate Development and Investment Company signed a memorandum of understanding (MoU) with The Securities House, a Kuwaiti public joint stock company listed on Boursa Kuwait. The MoU, signed on 22 June 2025, supports Asas Makeen's objectives to expand its business scope and enhance cooperation in real estate development across Saudi Arabia. Under the agreement, the two parties will identify and execute investment opportunities in strategic projects and develop real estate products that meet evolving market needs and trends. In line with the objectives of Saudi Vision 2030, the memorandum is valid for one year and will be automatically renewed thereafter. Earlier on 16 June, Asas Makeen signed a SAR 240 million agreement with the National Housing Company (NHC) to develop the Tali'at Al-Mashraqiyah project in eastern Riyadh. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (
Argaam
22-06-2025
- Business
- Argaam
ASAS Makeen, TSH sign MoU for real estate projects
Asas Makeen Real Estate Development and Investment Co. (ASAS Makeen) signed today, June 22, a memorandum of understanding (MoU) with The Securities House Co. (TSH), a Kuwait-based listed shareholding company. The MoU aims to explore cooperation in real estate development across Saudi Arabia, the company said in a statement on Tadawul. The agreement focuses on identifying and executing investment opportunities in strategic projects. It also involves developing real estate products that meet market needs and align with modern industry trends. The MoU is valid for one year and will renew automatically, ASAS Makeen noted, adding that there are no related parties to the deal. The company confirmed that it will disclose any material developments regarding the deal in due course. The MoU is part of ASAS Makeen's strategy to expand its operations and supports Vision 2030 goals for enhancing the real estate sector and improving development quality.
