Umm Al Qura for Development and Construction Co. (4325)

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News

30 September 03:00 AM Umm Al Qura extends SAR 4.5bn facilities with Alnima Bank

Riyadh - Mubasher: Umm Al Qura for Development and Construction has extended its Sharia-compliant bank facilities with Alinma Bank on 28 September.The total combined financing limit stands at SAR 4.50 billion, including a currently utilized balance o

Companies Investments

2 September 03:00 AM Umm Al Qura launches pre-booking model for SAR 329m land sale at Masar

Riyadh - Mubasher: Umm Al Qura for Development and Construction Company introduced a new real estate investment model that allows land sales at the destination through a pre-booking mechanism, according to a press release.By factoring in both time an

Companies Investments

6 August 03:00 AM Umm Al Qura’s profits exceed SAR 396m in H1-25; sales leap 54%

Riyadh – Mubasher: Umm Al Qura for Development and Construction registered SAR 396.34 million in net profit during the first half (H1) of 2025, marking an annual leap of 106.25% from SAR 192.16 million.The revenues stood at SAR 1.17 billion as of 30

Sector Reports

10 July 03:00 AM Umm Al Qura pens SAR 253m sale deal for Masar Destination project

Riyadh - Mubasher: Umm Al Qura for Development and Construction penned a sale agreement for two land plots with a combined area of 5,368 square meters within the Masar Destination project in Makkah, according to a bourse disclosure.With an investment

Real estate

1 July 03:00 AM Umm Al Qura signs tripartite deal for SAR 1.4bn real estate fund

Riyadh - Mubasher: Umm Al Qura for Development and Construction, the owner, developer and operator of Masar Destination, plans to launch a real estate private fund with an estimated capital of SAR 1.40 billion.The company penned a tripartite memorand

Real estate

29 June 03:00 AM Umm Al Qura sells land plot in Masar project for SAR 256m

Riyadh - Mubasher: Umm Al Qura for Development and Construction, the owner, developer and operator of Masar Destination, has signed a land sale deal worth SAR 255.76 million.The transaction covers a 2,500 square meter plot within the Masar project in

Companies Investments

11 May 03:00 AM Umm Al Qura’s net profits witness 3,219% leap in Q1-25

Riyadh – Mubasher: Umm Al Qura for Development and Construction generated 3,219% year-on-year (YoY) higher net profits at SAR 159.66 million in the first quarter (Q1) of 2025, versus SAR 4.81 million.The company’s revenues hiked by 172.17% year-on-ye

Sector Reports

24 March 04:48 PM Umm Al Qura makes Tadawul debut amid 85% surge in 2024 revenue

Riyadh – Mubasher: Umm Al Qura for Development and Construction debuted on the Saudi Exchange’s (Tadawul) Main Market at SAR 15 per share in line with the announcement of its financial results for the full-year ended on 31 December 2024. The IPO …

Real estate

24 March 02:12 PM Umm Al Qura posts 57% leap in net profits during 2024

Riyadh – Mubasher: Umm Al Qura for Development and Construction Company recorded 57.29% year-on-year (YoY) higher net profits at SAR 498.61 million in 2024, compared to SAR 317 million. Revenues hiked by 84.58% to SAR 1.82 billion at the end of …

Financial Results