AL RAMZ REAL ESTATE TADAWUL:4327:
ANNOUNCES CONTRACT SIGN OFF WITH SNB CAPITAL COMPANY
CONTRACT TO ESTABLISH A SHARIAH-COMPLIANT REAL ESTATE INVESTMENT FUND
TARGET FUND SIZE IS SAR 650 MILLION
UNDER AGREEMENT, CO WILL ACT AS DEVELOPER AND EXCLUSIVE MARKETER OF THE PROJECT
FUND TO BE MANAGED BY SNB CAPITAL CO