Alkhabeer REIT Fund 2024 AR2
The report highlights Alkhabeer Capital's exceptional performance in 2024, with operating revenues increasing by 7% to SAR 309 million and net income after Zakat rising by 11% to SAR 120.9 million. Assets under management grew by 17% to reach SAR 9.582 billion. Key operational milestones included the successful launch of the Alkhabeer Diversified Income Traded Fund 2030 and the acquisition of Al-Hanaa Trading Group. On the ESG front, the company completed the final phase of its 'Plant 1,000 Trees' initiative in collaboration with Jeddah University and maintained a high Saudization rate of 83%.
Company: Alkhabeer REIT Fund
Sector: Finance & insurance
Country: Saudi Arabia
Year: 2024
Type: AR2
Pages: 65
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Alkhabeer REIT Fund
Annual Report
The report highlights Alkhabeer Capital's exceptional performance in 2024, with operating revenues increasing by 7% to SAR 309 million and net income after Zakat rising by 11% to SAR 120.9 million. Assets under management grew by 17% to reach SAR 9.582 billion. Key operational milestones included the successful launch of the Alkhabeer Diversified Income Traded Fund 2030 and the acquisition of Al-Hanaa Trading Group. On the ESG front, the company completed the final phase of its 'Plant 1,000 Trees' initiative in collaboration with Jeddah University and maintained a high Saudization rate of 83%.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees