Alistithmar Capital signs real estate development agreement worth SAR 1 billion
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Alistithmar Capital Named Among the Middle East’s Top 50 Asset Managers for 2026

We are proud to announce that Alistithmar Capital has been ranked #14 on Forbes Middle East’s list of the Top 50 Asset Managers in the Middle East for 2026, represented by CEO Khaled Abdulaziz Al Rayes.

The recognition reflects the company’s strong and sustained performance, with assets under management reaching approximately $10.8 billion in 2025, backed by investment deals exceeding $1.3 billion across retail, hospitality, office, and residential real estate sectors.

This achievement underscores the growing…

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The signing ceremony
Alistithmar Capital Announces Real Estate Development Agreement with Hiyazah Real Estate Development Company

Alistithmar Securities and Brokerage Company ("Alistithmar Capital"), the investment arm of Saudi Investment Bank, announced the signing of a real estate development agreement with Hiyazah Real Estate Development Company to develop a plot of land located on King Abdullah Road in Riyadh (Sahara Plaza).

 

The project spans 12,540 square meters and is a mixed-use development encompassing residential, office, and commercial sectors. It is also a Transit-Oriented Development (TOD) project. Located approximately 250…

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Alistithmar Capital Signs MoU with Ezdihar Real Estate to Launch SAR 2 Billion Residential Real Estate Fund

Alistithmar Capital, the investment arm of The Saudi Investment Bank, has signed a Memorandum of Understanding with Ezdihar Real Estate to establish a SAR 2 billion real estate fund focused on the residential sector in Riyadh.

The fund aims to deliver capital appreciation and annual distributions to unitholders over the medium to long term. It will develop a 155,641 square meter land plot located within King Saud University’s campus in Riyadh into an integrated residential community. The project is expected to comprise…

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Alistithmar Capital Launches SAR 493 Million Real Estate Fund and Signs Land Reservation Agreement in Makkah

Alistithmar Capital, the investment arm of The Saudi Investment Bank, announces the launch of a SAR 493 million real estate fund and the signing of a land reservation and purchase agreement with Umm Al Qura for Development and Construction, in collaboration with ARK Projects Company, for the development of a hospitality project comprising 195 hotel units within Masar Destination in Makkah.

 

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Alistithmar Capital Launches SAR 1.1 Billion Residential Real Estate Fund and Signs Land Reservation Agreement in Makkah

Alistithmar Capital, the investment arm of The Saudi Investment Bank, announces the launch of a SAR 1.1 billion residential real estate fund and the signing of a land reservation and purchase agreement with Umm Al Qura for Development and Construction, in collaboration with Dar Al Majed Real Estate Company and Al Obeikan Real Estate Development Company, for the development of two residential towers comprising 400 residential units within Masar Destination in Makkah.

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Private Real Estate Fund
Alistithmar Capital Establishes Private Real Estate Fund and Acquires Tuwaiq Residential Complex

Alistithmar Capital, the investment arm of The Saudi Investment Bank, announces the establishment of a private real estate investment fund and the completion of the acquisition of Tuwaiq Residential Complex in Riyadh.

The complex is located in the Tuwaiq district in western Riyadh along Makkah Road, spanning approximately 710,000 square meters, with built-up areas exceeding one million square meters. The development comprises more than 200 residential buildings dedicated to workforce housing, in addition to a commercial zone…

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The listing ceremony of Eric REIT Diversified Investment Fund

Part of the listing ceremony of the diversified Eric REIT investment fund on the Saudi Tadawul market.

 

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Al Istithmar Capital is among the Forbes Middle East's Top Asset Managers 2025.

Alistithmar Capital is ranked 6th in Forbes Middle East's ranking of the largest asset managers in Saudi Arabia and 12th in the Middle East, with total assets under management exceeding 38 billion SAR, according to Forbes.

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Acig
Publication of the Red-Herring Prospectus for the Rights Issue of Allied Cooperative Insurance Group Company (“ACIG”)

With reference to the Capital Market Authority "CMA" approval dated 27/09/1446H (corresponding to 27/03/2025G) of Allied Cooperative Insurance Group Company (“ACIG”) application to increase its capital from SAR 291,000,000 to SAR 500,000,000, representing an increase of 71.82% by way of Rights Issue, we hereby announce the publication of the Red-Herring prospectus.


 

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Alistithmar Capital is among the Forbes Middle East's Top Asset Managers 2025.

Alistithmar Capital has earned a prominent spot in Forbes Middle East’s 2025 ranking of the region’s largest asset managers, securing the 6th position in Saudi Arabia and 12th in the wider Middle East. This recognition underscores the company's continued growth and commitment to delivering strong investment performance and client value.

According to Forbes, Alistithmar Capital manages over 38 billion SAR in total assets under management (AUM), reflecting its diverse portfolio of mutual funds, discretionary portfolios, and…

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signs real estate development agreement worth SAR 1 billion
Alistithmar Capital signs real estate development agreement worth SAR 1 billion

Alistithmar Capital announced the financial closing of Alistithmar Ezdihar Park Fund. It has also signed a real estate development management agreement on behalf of the Fund with Ezdihar Real Estate Development Company for managing the development of an office complex, which is located on a plot of land within the campus of King Saud University on Prince Turki Al Awal Road. The land size exceeds 103,000 m2, and the development cost is worth SAR 1 billion.


 

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izdihar park
Establishing a new real estate fund

ICAP announces the signing of a cooperation agreement to establish a real estate fund with Izdihar Real Estate Development Company with a size of 1.1 billion riyals


Al-Istithmar Securities and Brokerage Company “Al-Istithmar Capital” , the investment arm of the Saudi Investment Bank, announced the signing of a cooperation agreement with Izdihar Real Estate Development Company with the aim of establishing a real estate fund in the field of real estate development for the commercial and office sector in the city of Riyadh.…

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Alistithmar Capital ranks 11th in the Middle East and 6th in the Kingdom

Alistithmar Capital ranks 6th in Forbes Middle East’s list of the largest asset management in Saudi Arabia,abd 11th in the middle East, with total assets under management of around 8.5$ billion ( approximately 32 SAR Billion ) according to Forbes Middle East’s 2024 list.

 

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ICAP and Osus sign a cooperation agreement

Al-Istithmar Capital, the investment arm of the Saudi Investment Bank, and Osus Real Estate Company signed a cooperation agreement with the aim of launching a real estate investment fund that will focus primarily on developing the office commercial sector in the city of Riyadh.

 

The main objective of the fund to be established is to enhance the growth of invested capital, through the acquisition of developed plots of land in the north of the city of Riyadh for the purpose of constructing high-quality office…

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Alistithmar Capital and Safa Investment

Alistithmar Capital and Safa Investment Sign a cooperation agreement to launch real estate funds

Al-Istithmar Capital Brokerage Company “Al-Istithmar Capital”, the investment arm of The Saudi Investment Bank, announced the signing of a cooperation agreement with Safa Investment Company, with the aim of launching a number of real estate investment funds that are concentrated mainly in the field of real estate development for the residential sector in the main cities in the Kingdom, in particular the city of Riyadh.
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The successful exit from "Riyadh Front", with a value exceeding 2 billion riyals

"Al-Istithmar Capital" announces the successful exit from "Riyadh Front", with a value exceeding 2 billion riyals 


Mr. Khaled bin Abdulaziz Al-Rayes, CEO of "Al-Istithmar Capital", said that the exit deal from "Riyadh Front" achieved a substantial return for the unit-holders of the "Kaden Investment Fund", as it is one of the largest exit deals in the real estate funds sector locally and regionally. In a statement to "Argaam", Al-Rayes indicated the positive impact of the deal on the fund's performance in a short…

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the largest exit deals
CEO of "Al-Istithmar Capital": The "Riyadh Front" deal is one of the largest exit deals in the real estate funds sector

CEO Mr. Khaled bin Abdulaziz Al-Rayes, CEO of "Al-Istithmar Capital", said that the exit deal from "Riyadh Front" achieved a substantial return for the unit-holders of the "Kaden Investment" fund, as it is one of the largest exit deals in the real estate funds sector locally and regionally.

"Al-Rayes indicated, in a statement to "Arqaam", the positive impact of the deal on the fund's performance in a short period since the launch of its activities, which confirms the extensive experience of the fund manager "Al-Istithmar…