The Saudi Real Estate Company (Al Aqaria) said that the Ministry of Commerce and Investment approved on 03-12-2018 an increase in the capital of Saudi Real Estate Company, which is 100% owned by Saudi Real Estate Company. The capital after the increase is SR 2,853,000,000 instead of 1,000,000,000 ) Divided into (285,300,000) nominal shares of the same value, each of which is SR 10, all of which are ordinary shares in cash and in kind. Including a cash share of SR (250,000,000) paid in full and an in-kind share representing the price of the land of the valleys project amounting to SR 2,603,000,000.
